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Asia

ideaForge Technology shares slide 5% after Q1 gross profit margin falls 49%

Markets-Economic Times · 2h ago · 🇮🇳 India

ideaForge Technology shares slide 5% after Q1 gross profit margin falls 49%

ideaForge Technology shares fell after its Q1 gross profit margin declined to 49% from 62% a year ago and 68% in the previous quarter. Gross profit rose to Rs 33.6 crore and revenue increased to Rs 68.6 crore, while EBITDA turned positive at Rs 4.3 crore.

Read the full story at Markets-Economic Times →

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