# ideaForge slips into red with ₹2.3 Cr loss in Q1

2026-08-10T19:14:24+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Pune-based dronetech company ideaForge has reported a net loss of ₹2.3 crore for the June 2026 quarter (Q1 FY27), swinging from a ₹61 crore profit in the previous quarter. Revenue from operations jumped 436% year-on-year to ₹68.6 crore but plunged 51% sequentially from ₹141 crore in Q4 FY26. Total expenses nearly doubled to ₹82.5 crore compared to the same quarter last year. The company had reported a ₹23.5 crore loss in Q1 FY26.

## Coverage

- inc42.com <https://inc42.com/buzz/ideaforge-slips-into-the-red-in-q1-reports-%E2%82%B92-3-cr-loss/>

This story was synthesised by AI from the source linked above.

Tags: drones, dronetech, ideaForge, net loss, Q1 FY27, quarterly results
Canonical: https://indianopinion.org/ideaforge-slips-into-red-with-rs2-3-cr-loss-in-q1/
License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources.
Cite: https://indianopinion.org/ideaforge-slips-into-red-with-rs2-3-cr-loss-in-q1/#story-in-brief

Review state: restored archive article, accurate at time of publication, not offered to search indexes.

How this brief was made: an AI model read the report linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/