Mumbai, July 23 -- Revenue from operations declined 85.17% YoY to Rs 12.78 crore during the quarter.

The company reported a pre-tax loss of Rs 25.29 crore in Q1 FY26 compared with pre-tax profit of Rs 1.56 crore in Q1 FY25.

The firm reported a negative EBITDA of Rs 15.14 crore in Q1 June 2025, compared with a positive EBITDA of Rs 8.46 crore in Q1 June 2024. The EBITDA margin stood at -118.5% in Q1 FY26 against 9.8% in Q1 FY25.

As on 30th June 2025, the company's order book stood at Rs 144.8 crore

Ankit Mehta, CEO said, "The first quarter of FY 2026 marked a positive start for the financial year and reinforced ideaForge's resilience: both in technology and in business. Ideaforge secured a significant Rs 137 crore order under the Gover...