<ul><li>Drone manufacturer ideaForge reported a net loss of INR 13.7 Cr in Q2, compared to a net profit of INR 89.20 Lakh in the same period last year.</li><li>Operating revenue increased by about 56.52% to INR 37.1 Cr in Q2, but declined about 57% from the previous quarter.</li><li>ideaForge also reported an EBITDA loss of INR 10 Cr in Q2 FY25, compared to an EBITDA of INR 7 Cr in the previous year.</li><li>Despite the loss, ideaForge CEO remains optimistic, citing the company's initiatives including new patents and paid PoCs for Drone-as-a-Service (DaaS) for enterprise customers.</li></ul>

ideaForge Slips Into The Red, Posts INR 13.7 Cr Loss In Q2

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