ideaForge news
ideaForge appears in 4 stories we have published between August 2026 and November 2026, mostly in our Business and Technology coverage. It is most often reported alongside Anthropic, Discovered Materials and IBM.
Latest development
ideaForge turns profitable in Q2 FY27 with ₹6.5 Cr net profit
ideaForge, a Mumbai-based drone technology company, reported a net profit of ₹6.5 Cr in Q2 FY27, marking a turnaround after losses in the preceding quarters. The company also secured ₹151 Cr in research funding from the Technology Development Board (TDB) to develop its logistics unmanned aerial vehicle (UAV), YETI.
3 November 2026
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ideaForge turns profitable in Q2 FY27 with ₹6.5 Cr net profit
ideaForge reports ₹6.5 Cr net profit in Q2 FY27, reversing losses with 124% YoY revenue growth. Secures ₹151 Cr TDB funding for logistics drone development.

ideaForge: Mumbai-based drone maker for defence and industrial use
ideaForge, founded in 2007, develops drones for defence, surveillance, mapping, and industrial inspection. Here’s what the company does and its financial scale.

ideaForge revenue jumps 437% but Q1 loss returns on supply delays
ideaForge Technology reports 437% year-on-year revenue growth to Rs 68.58 crore in Q1 FY27 but posts a net loss due to global supply chain disruptions.

ideaForge returns to net loss in Q1 FY27 despite revenue growth
ideaForge reported a ₹2.3 Cr net loss in Q1 FY27, down from a ₹61 Cr profit in Q4 FY26, despite revenue rising 436% year-over-year to ₹68.6 Cr.
