Ideaforge Technology Ltd - 543932 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Audio recording of Earnings Call for the quarter ended June 30, 202309-08-2023
09-08-2023
Ideaforge Technology Ltd - 543932 - Revised Investor Presentation (Errata)
This has a reference to our intimation letter dated August 08, 2023 wherein Company has submitted Investor Presentation09-08-2023
Ideaforge Technology Ltd - 543932 - Revised Investor Presentation (Errata)
This has a reference to our intimation letter dated August 08, 2023 wherein Company has submitted Investor Presentation09-08-2023
Q1FY24 Quarterly Result Announced for ideaForge Technology Ltd.
Defence company ideaForge Technology announced Q1FY24 results: Revenues of Rs 970.7 million in Q1FY24 compared to Rs 992.7 million in Q1FY23, down 2.2% YoY Gross profit of Rs 539.2 million in Q1FY24 compared to Rs 737.9 million in Q1FY23, down 26.9% YoY Gross profit of 55.5% in Q1FY24 compared to 74.3% in Q1FY23 EBITDA of Rs 284.9 million in Q1FY24 compared to Rs 550.6 million in Q1FY23, down 48.3% YoY EBITDA margins of 29.4% in Q1FY24 compared to 55.5% in Q1FY23 Profit after tax of Rs 188.6 million in Q1FY24 compared to Rs 412.5 million in Q1FY23, down 54.3% YoY PAT margins of 19.4% in Q1FY24 compared to 41.5% in Q1FY23 Commenting on the results, Ankit Mehta, CEO, said, “Company has made notable strides in its ability to constantly innovate by introducing products intricately engineered to serve a wide ambit of use cases. The launch of the new Netra V4 Pro UAV as well as the initiation of the development of the UAV logistics platform are a testament to this fact. The company hit a major milestone in its SWITCH UAV contract deliverables with the successful delivery of a large batch to the client. The company has also received recognition from various institutions for its pioneering work in the field of drone technology, such recognitions motivate the team to continue to go the extra mile. Given the nature and nascent stage of the drone industry in our country, our business performance is not immediately comparable every quarter. Aligning with the sectoral opportunities, we are actively pursuing new product development and business models. We remain committed to being the flag bearers of performance, reliability, and autonomy in this sunshine sector.” Result PDF09-08-2023
Ideaforge Technology trades 6% in red after Q1 profit tanks 54%
IdeaForge Technology stock has lost 12.38 percent of its value over the last one month.09-08-2023
Ideaforge Technology Ltd - 543932 - Announcement under Regulation 30 (LODR)-Award of Order Receipt of Order
Receipt of Order worth INR 88.06 crores (exclusive of GST)09-08-2023
Ideaforge Technology Ltd - 543932 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation for quarter ended June 30, 202308-08-2023
Ideaforge Technology Ltd - 543932 - Appointment Of Secretarial Auditor Of The Company
Outcome of Board Meeting- Appointment of Secretarial Auditor of the Company08-08-2023
Ideaforge Technology Ltd - 543932 - Unaudited (Standalone & Consolidated) Financial Results Of The Company For The Quarter Ended June 30, 2023
Quick result - Outcome of Board Meeting08-08-2023
Ideaforge Technology Ltd - 543932 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we hereby inform you that post announcement of Unaudited (Standalone & Consolidated) Financial Results for the Quarter ended June 30, 2023, the Company will host Earnings Conference Call on Wednesday, August 9, 2023 at 11.00 a.m. (IST). The details of Earnings Conference Call are attached herewith and also available on Company's website at www.ideaforgetech.com03-08-2023