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Ideaforge Technology Ltd Q1FY25; 94% fall in Profits

Incorporated in 2007, ideaForge Technology Limited is engaged in the business of manufacturing Unmanned Aircraft Systems (UAS).

Financial Results:

Ideaforge Technology Ltd reported Revenues for Q1FY25 of ₹86.19 Crores down from ₹97.07 Crore year on year, a fall of 11.21%.

Total Expenses for Q1FY25 of ₹90.62 Crores up from ₹75.54 Crores year on year, a rise of 19.96%.

Consolidated Net Profit of ₹1.17 Crores down 93.8% from ₹18.86 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.27, down 94.55% from ₹4.95 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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