In Q4 FY26, the maker of pilotless aerial vehicles posted a net profit of Rs 60 crore, compared to a net loss of Rs 26 crore in the same time last year. The company also posted revenue up by over 600% year-on-year (YoY), compared to Rs 20 crore at the same time last year.
Meanwhile, its operational performance improved with EBITDA at Rs 62 crore compared to Rs 22 crore at the same time last year, indicating a turnaround in overall business operations.
On the other hand, according to an exchange filing, ideaForge Tech has “approved allotment of 88,366 equity shares of face value Rs. 10/- each for exercise of vested stock options under the ideaForge Employees Stock Option Scheme, 2018.”
It said, “We wish to inform you that the Executive Committee of the Board of ideaForge Technology Limited (the Company) has approved the allotment of 88,366 equity shares of face value of Rs. 10/- each for exercise of vested stock options under the ideaForge Employees Stock Option Scheme, 2018 on May 04, 2026. These shares are, in all respects, equivalent to the existing shares of the Company. Will rank equal to equity shares.”
“Post allotment, the paid-up capital of the company has increased from Rs 43,29,92,750 to 4,32,99,275 equity shares of Rs 10 each, consisting of 4,33,87,641 equity shares of Rs 10 each,” the company said in an exchange filing.
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