ideaForge Technology Ltd reports a turnaround in Q2 FY27, posting net profit of ₹6.5 crore for the quarter ended September 30, 2026, reversing a net loss of ₹19.6 crore in the same quarter a year earlier. Revenue rises 123.8% year-on-year to ₹91.3 crore, and operating metrics improve, with EBITDA reported as ₹23.2 crore—up from an EBITDA loss of ₹8 crore in Q2 FY26.
Outlets also highlight sequential improvement, with the company shifting to a net profit of ₹6.5 crore from a Q1 FY27 loss, alongside higher revenue quarter-on-quarter to ₹68.6 crore. Economic Times and Free Press Journal link the results to investor interest and “defence technology milestones,” while Free Press Journal adds broader details from the regulatory filing, including improved gross profit and margins and mentions of additional funding and an Army supply order. Inc42 focuses more narrowly on the profit figure and the Q2 return to profitability.
Overall, coverage broadly agrees on the core financial turnaround—profit after loss and sharp revenue growth—while differing in how much supplementary context they include, particularly around funding, orders, and market reaction.
