IPO-Bound Garuda Aerospace’s FY26 Profit Jumps 41% To ₹25.9 Cr
AI Summary
Chennai-based dronetech startup Garuda Aerospace reported a net profit of ₹25.9 Cr in FY26, growing 41.1% from ₹18.4 Cr from the previous fiscal year. In terms of operational profitability, the drone maker’s EBITA for the fiscal year jumped 31.8% to ₹35.1 Cr in FY26 from ₹26.6 Cr in the FY25. Operating revenue surged 66.8% YoY to ₹206 Cr during the fiscal under review from ₹123.5 Cr in the previous year.
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