IDEAFORGE2023-10-012023-12-31 IDEAFORGE2023-10-012023-12-31 IDEAFORGE2023-10-012023-12-31in-bse-fin:OneOperatingExpenses01Member IDEAFORGE2023-10-012023-12-31in-bse-fin:FourOperatingExpenses01Member IDEAFORGE2023-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543932 IDEAFORGE NA Ideaforge Technology Limited Equity 2023-04-01 2024-03-31 2024-02-05 2024-01-23 INR Millions Third quarter 18:00:00 19:40:00 2024-02-05 2024-02-05 Not applicable Single segment Operating Segment 2023-10-01 2023-12-31 Unaudited Consolidated 908960000.00 66060000.00 975020000.00 476440000.00 0.00 -56040000.00 97710000.00 3680000.00 56730000.00 195030000.00 773550000.00 201470000.00 0.00 201470000.00 73990000.00 -20510000.00 53480000.00 0.00 147990000.00 0.00 0.00 0.00 0.00 147990000.00 -400000.00 147590000.00 0.00 0.00 428760000.00 10 3.49 3.41 0.00 0.00 3.49 3.41 Notes: 1. The unaudited consolidated financial results of the Parent company and its subsidiary (collectively referred to as the Group ) includes the following : Name of the entity Relationship ideaForge Technology Limited Holding company ideaForge Technology Inc Wholly owned subsidiary (w.e.f. 6 September, 2022) 2.The above unaudited consolidated financial results of the Group have been prepared in accordance with and comply in all material aspects with the Indian Accounting Standards (Ind AS) notified under Section 133 of the Companies Act 2013 ( the Act ) read with relevant rules issued there under and in terms of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 (Listing Regulations), as amended. 3.The above unaudited consolidated financial results have been reviewed and recommended by the Audit Committee at its meeting held on 5 February, 2024. The Board of Directors at its meeting held on 5 February, 2024 have approved the above results. 4. The statutory auditors of the Parent Company have expressed an unqualified opinion on the unaudited consolidated financial results for the quarter and nine months ended 31 December 2023. 5. Financial results of ideaForge Technology Limited (Standalone information): (Amount in INR Millions, unless other wise stated) Particulars Quarter ended 31 December 2023 Quarter ended 30 September 2023 Quarter ended 31 December 2022 Nine months ended 31 December 2023 Nine months ended 31 December 2022 Year ended 31 March 2023 Total income * 982.17 386.36 100.99 2,374.64 1,535.34 1,964.02 Profit before tax for the period / year 212.70 13.34 (182.08) 476.69 412.76 407.95 Profit after tax for the period / year 159.22 8.92 (78.01) 356.75 374.10 319.88 *includes Revenue from operations and Other income 6. During the quarter and nine months period ended 31 December, 2023, the Parent Company has granted 1,49,321 new stock to eligible employees under the Employee Stock Option Scheme (ESOS).Further during the quarter ended 31 December, 2023, the Parent Company has allotted 6,60,507 equity shares upon exercise of stock grants under the Employee Stock Option Scheme. 7. The Group is engaged in the business of manufacture and marketing of Unmanned aerial vehicle (UAV) systems which are used for security and surveillance, which in the context of Indian Accounting Standard (Ind AS) 108 - Operating Segment , is considered as the single operating segment of the Group. 8. Attention is drawn to the fact that the figures for the corresponding quarter ended 31 December 2022 and nine months period ended 31 December 2022 as reported in these unaudited consolidated financial results have been approved by the Parent’s Board of Directors, but have not been subjected to review, as the requirement of submission of quarterly unaudited consolidated financial results is applicable on listing of equity shares of the Parent Company post the quarter ended 30 June 2023. Single segment 2023-04-01 2023-12-31 Unaudited Consolidated 2116980000.00 250510000.00 2367490000.00 966720000.00 0.00 22510000.00 335670000.00 33670000.00 153530000.00 389910000.00 1902010000.00 465480000.00 0.00 465480000.00 152660000.00 -32720000.00 119940000.00 0.00 345540000.00 0.00 0.00 0.00 0.00 345540000.00 -2190000.00 343350000.00 0.00 0.00 428760000.00 10 8.48 8.26 0.00 0.00 8.48 8.26 Other Expenses 195030000.00 Other Expenses 389910000.00 530000.00 2930000.00 -130000.00 -740000.00