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Chennai-based drone startup Garuda Aerospace reported a net profit of ₹25.9 Cr in FY26, a 41.1% increase from the previous year. Operating revenue surged 66.8% to ₹206 Cr, driven by drone sales and services. The company plans to raise up to ₹750 Cr via its proposed IPO, which was greenlit by the markets regulator in August.
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