IDEAFORGE Ideaforge Technology Q3 FY25 results (Oct–Dec 2024) and concall
Ideaforge Technology reported a challenging Q3 FY25 with significant revenue and profit declines, primarily due to delays in large government procurement and slower-than-expected conversion of its L1 pipeline. Despite the near-term headwinds, the company highlighted an increased L1 opportunity pipeline, global recognition for its drone technology, and progress in next-generation product development and Drone-as-a-Service initiatives, expressing confidence in long-term growth once market conditions normalize.
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What they filed
| Line item | Q2 FY25 | Q3 FY25 |
|---|---|---|
| Revenue | 37 | 18 |
| EBITDA | -16 | -17 |
| Net profit | -14 | -24 |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
