ideaForge returns to profit as revenue jumps 124%
In short
ideaForge Technology returned to profit in Q2 FY27, with net profit of ₹6.5 crore. Revenue rose 124% year-on-year to ₹91 crore.
The stock is getting mixed views from analysts, with some seeing more upside and others wanting it to break through ₹728–735 first.
What the reporting says
ideaForge Technology returned to profitability in Q2 FY27, posting a net profit of ₹6.5 crore as revenue rose 124% year-on-year to ₹91 crore. A publisher-supplied market summary said analysts had mixed views on the stock, with some seeing upside toward ₹900 and others urging caution until it clears resistance near ₹728–735. The update highlights a sharp turnaround in earnings and a divided technical outlook.
Why it matters
ideaForge Technology reported a return to profitability in Q2 FY27, with net profit of ₹6.5 crore and revenue rising 124% year-on-year to ₹91 crore. The publisher-supplied market summary also said analysts had mixed technical views, including targets near ₹900 and resistance around ₹728–735. The story matters for investors tracking the drone maker’s turnaround and share performance.