Magellanic Cloud announced that the Board of Directors of the Company at its meeting held on 30 May 2024, has recommended a Final dividend of Rs.0.15 per share (i.e.1.5%), subject to the approval of the shareholders.Powered by Capital Market - Live News

Magellanic Cloud will hold a meeting of the Board of Directors of the Company on 30 May 2024Powered by Capital Market - Live News

Net profit of Magellanic Cloud rose 116.10% to Rs 38.92 crore in the quarter ended March 2024 as against Rs 18.01 crore during the previous quarter ended March 2023. Sales rose 19.64% to Rs 137.21 crore in the quarter ended March 2024 as against Rs 114.69 crore during the previous quarter ended March 2023.For the full year,net profit rose 38.52% to Rs 102.81 crore in the year ended March 2024 as against Rs 74.22 crore during the previous year ended March 2023. Sales rose 31.10% to Rs 560.43 crore in the year ended March 2024 as against Rs 427.47 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales137.21114.69 20 560.43427.47 31 OPM %39.2528.12 -32.7925.33 - PBDT62.5931.47 99 180.06115.25 56 PBT51.7124.31 113 140.5593.78 50 NP38.9218.01 116 102.8174.22 39 Powered by Capital Market - Live News

Magellanic Cloud will hold a meeting of the Board of Directors of the Company on 8 May 2024.Powered by Capital Market - Live News

Magellanic Cloud announced that it has bagged its first major logistic drone order from an Indian Robotics firm for an aggregate value of Rs 43 crore. This order marks the company`s entry into the logistics sector that had a high potential with multiple players in India and abroad. The order entails delivery of 45 CargoMax series drone kits - along with RTF Quadrotor Airframe, Flight Controllers, RC Controllers, EO Payload and Transport Case - that will be manufactured in its state-ofthe-art facility in Bangalore. Powered by Capital Market - Live News