ideaForge submits FY26 audited results; revenue up about 36 percent
IDEAFORGE · price
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ideaForge Technology submitted audited standalone and consolidated financial statements for FY ended March 31, 2026. Revenue from operations rose to roughly 2,264 million from 1,659 million in FY25, a growth of about 36 percent. Auditor BSR and Co LLP issued an unqualified (clean) opinion. No dividend was declared. The company had no cash losses this year versus 251.56 million cash loss last year. Key audit matters were revenue recognition and capitalisation of product development costs. AGM set for August 5, 2026.
Revenue grew about 36 percent year-on-year with a clean audit opinion. No dividend. Improves on prior year cash loss, but firm still in overall loss.