Startup Atlas · Defence & Aerospace

ideaForge Listed Investor

ideaForge Technology Limited ● Navi Mumbai, Maharashtra ● Founded 2007 ● ideaforgetech.com ↗
Ankit Mehta · Co-founder & CEO Rahul Singh · Co-founder & VP Engineering Vipul Joshi · Co-founder & CFO Ashish Bhat · Co-founder & VP R&D
$120.96 MnTotal funding (tracked)
2Funding rounds
10 Jul 2026Last round
1Tracked investments

ideaForge: Financial Breakdown

Figures below are Q1 FY2027, consolidated basis, compiled from filings and disclosures — every year cited to its source.

Rs 68.58 croreTotal revenue · -69.8% YoY
Rs 82.5 croreTotal expenses
Rs 2.59 crore lossNet loss · loss narrowed 87% YoY

Revenue by fiscal year

0102030$M₹1,658.70 million: $19.6M20FY2025₹2,268.26 million: $25.7M26FY2026Rs 68.58 crore: $7.2M7.2Q1 FY2027

Net profit / loss by fiscal year

-8-6-4-20$Mconsolidated net loss of ₹623.95 million: $-7.4M-7.4FY2025consolidated net loss of ₹199.36 million: $-2.3M-2.3FY2026Rs 2.59 crore loss: $-0.3M-0.3Q1 FY2027

Bars below the line are a net loss for that year.

Fiscal year Revenue Total expenses EBITDA Net profit / loss Source
Q1 FY2027 Rs 68.58 crore Rs 82.5 crore — Rs 2.59 crore loss source
FY2026 ₹2,268.26 million ₹2,484.21 million — consolidated net loss of ₹199.36 million source
FY2025 ₹1,658.70 million — — consolidated net loss of ₹623.95 million source

Nothing here is blurred or gated — every figure Atlas has is shown in full, free.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: inc42.com ideaforgetech.com www.thecompanycheck.com www.bseindia.com · Last verified 21 Oct 2026. · Report a correction