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ideaForge Technology shares tank 5% as Q3 net loss widens by 41% YoY

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.

23 Jan 2026 11:25 am