ideaForge Technology Ltd consolidated Q1 FY25 net profit slumps to Rs. 1.17 crore

Ideaforge Technology Limited has reported Consolidated financial results for the period ended June 30, 2024.

Financial Results (Q1 FY2025) - QoQ Comparison

The company has reported total income of Rs. 92.190 crores during the period ended June 30, 2024 as compared to Rs. 107.660 crores during the period ended March 31, 2024.

The company has posted net profit / (loss) of Rs. 1.174 crores for the period ended June 30, 2024 as against net profit / (loss) of Rs. 10.334 crores for the period ended March 31, 2024.

The company has reported EPS of Rs. 0.24 for the period ended June 30, 2024 as compared to Rs. 2.36 for the period ended March 31, 2024.

Financials	Q1 FY2025	Q4 FY2024	% Change
Total Income	₹ 92.190 crs	₹107.660 crs	-14.37%
Net Profit	₹1.174 crs	₹10.334 crs	-88.64%
EPS	₹0.24	₹2.36	-89.83%

Financial Results (Q1 FY2025) - YoY Comparison

The company has reported total income of Rs. 92.190 crores during the period ended June 30, 2024 as compared to Rs.100.611 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs.1.174 crores for the period ended June 30, 2024 as against net profit / (loss) of Rs.18.862 crores for the period ended June 30, 2023.

The company has reported EPS of Rs.0.24 for the period ended June 30, 2024 as compared to Rs.4.69 for the period ended June 30, 2023.

Financials	Q1 FY2025	Q1 FY2024	% Change
Total Income	₹ 92.190 crs	₹100.611 crs	-8.37%
Net Profit	₹1.174 crs	₹18.862 crs	-93.78%
EPS	₹0.24	₹4.69	-94.88%

Shares of Ideaforge Technology Limited was last trading in BSE at Rs. 857.70 as compared to the previous close of Rs. 828.85. The total number of shares traded during the day was 204833 in over 10094 trades.

The stock hit an intraday high of Rs. 864.00 and intraday low of 826.55. The net turnover during the day was Rs. 173884951.00.

Source : Equity Bulls

Keywords

ideaForgeTechnology Q1FY25 FY2025 Q1FY2025 ResultUpdate