Are Ideaforge Tech latest results good or bad?

Ideaforge Technology has reported its financial results for the quarter ending June 2025, which indicate significant challenges for the company. The net sales for this quarter were recorded at Rs 12.78 crore, reflecting a notable decline of 68.3% compared to the average of Rs 40.30 crore over the previous four quarters. This marks the lowest sales figure the company has seen in the last five quarters, suggesting a concerning trend in revenue generation.
In terms of profitability, the profit after tax (PAT) for the quarter was reported at Rs -23.56 crore, which represents a decline of 51.3% from the average PAT of Rs -15.57 crore in the preceding four quarters. This negative performance underscores the operational difficulties faced by Ideaforge Technology.

Furthermore, the company's annual operating cash flow has reached its lowest level in three years, recorded at Rs -76.79 crore, indicating a significant decrease in cash revenues from its business operations.

Overall, the financial results for Ideaforge Technology reflect a challenging operational environment. Additionally, the company saw an adjustment in its evaluation, which may reflect the current financial performance and operational trends.