Numbers of IdeaForge Technology

“This stock is recently listed.deaForge Technology reported a fantastic set of results. Strong demand & the successful start of billing for its ‘drone as a service’ vertical helped boost the top line. Lower expenses helped boost margins and lift the bottom line. FYI – other key highlights include it being granted 7 new patents during Q3 and also delivering a “large” defence contract ahead of schedule. Numbers are below
Revenue: Rs 91 cr vs Rs 7.8 cr YoY
EBITDA: Rs 262 cr vs Rs 139 cr loss YoY
EBITDA Margin: 29%
PAT: Rs 15 cr vs net loss of Rs 8 cr YoY”