ideaForge Q1 FY27 revenue at Rs 68.6 Cr, EBITDA turns positive
IDEAFORGE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Q1 FY27 revenue rose sharply to Rs 68.6 Cr from Rs 12.8 Cr in Q1 FY26, though it trailed Q4 FY26 sales of Rs 141 Cr. EBITDA turned positive at Rs 4.3 Cr versus a loss of Rs 15.1 Cr last year. PAT remained negative at minus Rs 2.6 Cr, improving from minus Rs 23.6 Cr. The company raised Rs 500 Cr via QIP and received an LoI for Rs 151 Cr government funding under the RDI Scheme for its YETI logistics platform. FY27 opening order book exceeds Rs 300 Cr, with deliveries targeted by Q3. Supply chain disruptions persist.
Strong YoY revenue jump and EBITDA turning positive are positives; however PAT is still in loss and Q1 is well below the strong Q4 base, capping near-term excitement.