New Delhi, Jan. 29 -- Ideaforge Technology Q3 Results 2025:Ideaforge Technology declared their Q3 results on 28 Jan, 2025, revealing a significant downturn in financial performance. The company's topline saw a drastic decrease of 80.63% year-on-year, culminating in a net loss of Rs.24.02 crore. This marks a stark contrast to the profit of Rs.14.8 crore reported in the same period of the previous fiscal year.

In comparison to the previous quarter, Ideaforge's revenue also declined by 52.53%, indicating ongoing challenges in the market. The company's selling, general, and administrative expenses saw a slight decline of 6.43% quarter-on-quarter, though they increased by 31.01% year-on-year, highlighting cost pressures.

The operating income...