ideaForge Technology shares tank 5% as Q3 net loss widens by 41% YoY
Published on: Jan. 23, 2026, 11:25 a.m. | Source: The Economic Times
ideaForge Technology's shares dropped 5% after reporting a widened net loss of Rs 33.85 crore in the December quarter, despite a 79% revenue jump. Elevated material costs significantly compressed gross margins to 23.7%. The company, however, sees a strong order book and anticipates improving margins and profitability in the upcoming quarter.
