Ideaforge Technology Ltd share price gained 3.38% to Rs 661.3 after the company's net profit witnessed a sharp fall of 349.42% to Rs 6.46 crore, while revenue from operations increased sharply by 33.10% to Rs 91.29 crore in Q3FY26 over Q2FY26.

The market capitalization of Aerospace & Defense industry group stocks on BSE stood at Rs 8.71 lakh crore, crashing by 30.08%. It has inched up 2.50% over last one week and edged lower by 2.69% in last one month while the market capitalization of Ideaforge Technology Ltd has softened by 2.61% and 28.11% in the same period respectively.

Profit before tax (PBT) of Ideaforge Technology Ltd stood at Rs 7.44 crore in Q3 FY26, tumbling by 138.23% year-on-year, and tanking 162.21% quarter-on-quarter. EBITDA came in at Rs 11 crore, plunging by 173.37% YoY and expanding by 2713.16% sequentially.

Total expenses advancing by 10.70% to Rs 89.08 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 48.12 crore, soaring by 24.92% YoY, while employee benefits expense was at Rs 16.58 crore, rising by 9.80% YoY.

For the TTM ended FY26, revenue from operations surged 40.26% to Rs 226.13 crore, while net profit plunged by 72.66% to Rs 17.03 crore, compared to previous TTM. EBITDA tumbled by 6112% to Rs 17.47 crore, and PBT collapsed by 68.04% to Rs 19.94 crore compared to previous TTM.

The company's consolidated net cash flow from operating activities stood at Rs 63.41 crore in FY26, as against Rs 76.79 crore in FY25.

Ideaforge Technology Ltd surged by 36.90% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 8.41% during the same period.