BSEResult10 Aug 2026 · 10 Aug 2026, 07:49 pm
Unaudited Financial Results of the Company (Standalone & Consolidated) for the quarter ended June 30, 2026.
Ideaforge Technology Ltd · 543932
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Ideaforge Technology Ltd has announced its unaudited financial results for the quarter ended June 30, 2026, with the Board of Directors approving the results at its meeting held on August 10, 2026. The results are available on the company's website and include a limited review report by BSR & Co. LLP, Chartered Accountants.
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Ideaforge Technology Ltd - 543932 - Unaudited Financial Results Of The Company (Standalone & Consolidated) For The Quarter Ended June 30, 2026.
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www.ideaforgetech.com
August 10, 2026
To, To,
BSE Limited The National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Dalal Street, “Exchange Plaza”, Bandra – Kurla Complex,
Fort, Mumbai – 400 001. Bandra (EAST), Mumbai – 400 051
BSE Scrip Code: 543932 NSE SYMBOL: IDEAFORGE
Sub: Outcome of Board Meeting
Ref: Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Dear Sir/Ma’am,
Pursuant to Regulation 30 read with Para A, Part A of Schedule III and Regulation 33 of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015, as amended, (the “SEBI Listing Regulations”),
we hereby inform you that the Board of Directors at its Meeting held today i.e. Monday, August 10, 2026,
has considered and approved the following:
1. The Unaudited Financial Results (Standalone & Consolidated) for the quarter ended June 30, 2026, along
with the Limited Review Report issued by B S R & Co. LLP, Chartered Accountants, the Statutory Auditors of
the Company are enclosed herewith as Annexure A.
The above disclosure is also available on the Company’s Website at https://ideaforgetech.com/
The meeting of the Board of Directors of the Company commenced at 06:30 p.m. and concluded at 07:15
p.m.
You are requested to kindly take the same on your records.
Thanking you,
Yours truly,
For ideaForge Technology Limited
Nilesh Ranjan Jaywant
Company Secretary and Compliance Officer
Membership No. A26554
Encl: as above
ideaForge Technology Limited
EL-146, T.T.C. Industrial Area, M.I.D.C. Mahape, Navi Mumbai - 400 710. Maharashtra (India)
Ph.(O): +91 (22) 6787 1000 (F) +91 (22) 6787 1007
Email: info@ideaforgetech.com CIN No. L31401MH2007PLC167669
BSR&Co.LLP 14th Floor, Central B Wing and North C Wing
Nesco lT Park 4, Nesco Center
Western Express Highway
Chartered Accountants
Goregaon (East), Mumbai - 400 063, lndia
Telephone: +91 (22\ 6257 1000
Fax: +91 (22) 6257 1010
Limited Review Report on unaudited standalone financial results of ideaForge
Technology Limited for the quarter ended 30 June 2026 pursuant to Regulation 33 of
Securities and Exchange Board of lndia (Listing Obligations and Disclosure
Requirements) Regulations, 2015, as amended
To the Board of Directors of ideaForge Technology Limited
1. We have reviewed the accompanying Statement of unaudited standalone financial results of
ideaForge Technology Limited (hereinafter refened to as "the Company") for the quarter ended 30
June 2026 ("the Statemenf ).
This Statement, which is the responsibility of the Company's management and approved by its Board
of Directors, has been prepared in accordance wilh the recognition and measurement principles laid
down in lndian Accounting Standard 34 "lntorim Financial Repoftingl' ("lnd AS 34'), prescribed under
Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in lndia
and in compliance with Regulation 33 of the Securities and Exchange Board of lndia (Listing
Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations").
Our responsibility is to issue a report on the Statement based on our review.
3. We conducted our review of the Statement in accordance with the Standard on Review Engagements
(SRE) 2410 "Review of lnteim Financial lnformation Peiormed by the lndependent Auditor of the
Ent ty': issued by the lnstitute of Chartered Accountants of lndia. A review of interim financial
informalion consists of making inquiries, primarily of persons responsible for financial and accounting
matters, and applying analytical and other review procedures. A review is substantially less in scope
than an audit conducted in accordance with Standards on Auditing and consequently does not enable
us to obtain assurance that we would become aware of all significant matters that might be identified
in an audit. Accordingly, we do not express an audit opinion.
Attention is drawn to the fact that the flgures ior the three months ended 31 March 2026 as reported
in the Statement are the belancing figures belween audited ,igures in respect of the full previous
financial year and the published year to date ligures up to the third quarter of the previous financial
year. The ligures up to the end of the third quarter of previous financial year had only been reviewed
and not subjected to audit.
5. Based on our review conducted as above, nothing has come to our attention lhat causes us to believe
that the accompanying Statement, prepared in accordance with the recognition and measurement
principles laid down in the aforesaid Indian Accounting Standard and other accounting principles
generally accepted in lndia, has not disclosed the information required to be disclosed in terms of
Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it
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Page 1 of 2
BSR&Co.LLP
Limited Review Reporl (Continued)
ideaForge Technology Limited
contains any material misstatement.
FoTBSR&Co.LLP
Chadered Accountants
Firm's Registration No.:'l 01 248WM-1 00022
Rekha Shenoy
Paftner
Mumbai Membership No.: 124219
10 August 2026 UDIN:261 2421 9PXLFMZl 965
Page 2 ot 2
ideaForge Technology Limited
CINr t 3l,l0l MH2007PLC167669
R€gd. Omce: EL - 146, TTC Induslrirl Ares, Electmnic Zone, MIDC Industrirl Arcr, Mrhape, Nlvi Mumbri, Maharrshtr, 400710
W.b3iL: s{ry.idoforg.idl..om Em.il: conp[rn .6id..for8.t6t.com T.l.pfton : +91(22) 6?8? l0O?
Strt.m.nt of Utrludit.d Strndrlonc Fiorocirl R.sulls fortha Qurrtercndcd Juoc30,2026
(Amount in INR llillion, un1t3! oth.r wis. strtcd)
Ourn€rended
Prrticulars Quarler ended Mimh Jt 2026 Qurrl.rended Y.rr.nd.d
June30,2026 (Refcr note 8) June lo' 2{n5 vrrch 3l' 2026
(Unaudiled) (Unrudited) (Unruditcd) (Audiled)
Incoma
Revenue from operations 684.11 1,40E.55 127.E0 2,268.49
Olher income 1t.69 123.62 3t.54 219.68
Totrl ltrcom. 1$2.86 1,5.32.17 I66.J{ 2,188.t 7
Erpa!iai
Cosl of dBterials consumed 3El.?9 500.4t 76.15 1.054.49
Changcs in inventories offinishcd goods and work-in-prcgress (3s.57) (4s.50) 127.75\ ( r09.21)
Employcc benefi ts expense 151.97 139.5 t I14.49 542.8s
Finance costs 2039 t6.36 3.69 39.80
Depr€cialion lnd a&ortisglion expense l4l.89 tt7.47 91.59 429.17
Other exp€nscs 159.21 186.6r t30.01 62't.52
Toaal Etpaosc! 819.68 91.1.86 394.18 2.s85.22
(lrssy Profit bcfora arr for th. pcriod/ yarr (l16.82) 617,31 1227.81t {97.0s)
Tax expense(crcdit) :
Currenl lax (60.43)
Deferred tax chargd (credil) (33.32) l3 08 ( r0.02) (19.14)
(Lo$y Profit.ft.r trx for thc p€riod / ycrr (A) (23.0?) 604.23 (2t1.821 117.11\
OTHER COMPREHENSIVE INCOME
ltems that will not be reclassified to profitor loss: 0.75 1.99 0.63 0.50
Remeasuremenl gaim on dcrincd benefit plans
lncome rax relating to items thal will nol be reclassified to profil or loss (0.r9) (0.82) 0.r6 (0.1l)
Oth.r Compr.hensivc Income fortha period/yesr, net oftrr (B) 0.56 t.t1 0,79 0.37
Totrl Compr€hensiv. (Loss)/ Profit for the p€riod / ycir (A+B) (22.sr) 605.10 (2r 7.0J) 111.311
Paid-up equity share capiral
(Fscc Value ofRs l0 each, fully p.id up) {3J.96 432.16 4l1.93 432.76
Equity excluding Revalualions Reserves as at March I l, 2026 5,772.52
& co.
P.r Equity Shrr. (of Rs l0 /-.rcb)
I alis.d for thc qu.rtcr) :
c (0.53) 13.82 (4 99) 78
(0.53) 13.78 99) 78
o NAV,
MUMEAI
lndi. (Listing Obligations rnd Disclosure Requireme[ts) Regulations 2015 (Listing Regulations), as anended.
resuhs.
June 30,2026, lhe Company has allotted 1,20,361 equity sharos upon cx€rcise ofstock grants under the Ernployee Stock Option Scheme.
gap, investnenl in producl delelopmenl and general corporate puryoses.
Accounting Srandard (lnd AS) 10t - "Operating Segment", is conside
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