ideaForge shares jump 7% as firm swings to profit in Q2, revenue soars 124% YoY

What happened: ideaForge shares rose after the company swung to a profit in Q2 FY27, helped by a 124% year-on-year jump in revenue from operations. Key numbers: Shares rose to Rs 685.90 on NSE. Revenue Rs 91.29 crore versus Rs 40.76 crore a year earlier. EBITDA positive Rs 23.2 crore versus negative Rs 8 crore. EBITDA margin 25.4% versus negative 19.6%. Why it matters: The company cited timely order book execution despite global supply chain bottlenecks, and its CEO pointed to new product development and upcoming procurement opportunities as priorities for the second half of FY27.

ideaForge shares rose after the company swung to a profit in Q2 FY27, helped by a 124% year-on-year jump in revenue from operations.

The company cited timely order book execution despite global supply chain bottlenecks, and its CEO pointed to new product development and upcoming procurement opportunities as priorities for the second half of FY27.