Magellanic Cloud reports robust YoY EBITDA Growth of 37.3% and YoY PAT growth of 40.3%

Hyderabad (Telangana) [India], August 20: Magellanic Cloud (BSE: MCLOUD), an emerging global leader in the technology space, has announced its financial results for the quarter ending June 30, 2024. With a robust portfolio of subsidiaries in IT, ITES, surveillance, and drone technology, the company remains focused on owning, acquiring & innovating technology. Commenting on the [...]

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PNN Verified Media or Organization • 11 Apr, 2026 Agency
August 20, 2024 • 7:36 PM  0
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Magellanic Cloud reports robust YoY EBITDA Growth of 37.3% and YoY PAT growth of 40.3%
DA Growth of 37.3% and YoY PAT growth of 40.3%
Hyderabad (Telangana) [India], August 20: Magellanic Cloud (BSE: MCLOUD), an emerging global leader in the technology space, has announced its financial results for the quarter ending June 30, 2024. With a robust portfolio of subsidiaries in IT, ITES, surveillance, and drone technology, the company remains focused on owning, acquiring & innovating technology. Commenting on the [...]
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Magellanic Cloud reports robust YoY EBITDA Growth of 37.3% and YoY PAT growth of 40.3%

Magellanic Cloud

Hyderabad (Telangana) [India], August 20: Magellanic Cloud (BSE: MCLOUD), an emerging global leader in the technology space, has announced its financial results for the quarter ending June 30, 2024. With a robust portfolio of subsidiaries in IT, ITES, surveillance, and drone technology, the company remains focused on owning, acquiring & innovating technology.

Commenting on the financial Mr. Joseph Sudheer Reddy, Global CEO, Magellanic Cloud said: “Our Q1 FY25 results demonstrate the strength of our multi-technology portfolio and our unwavering focus on driving transformational growth. With our 37.3% YoY EBITDA growth and a 40.3% increase in YoY profit reflect the power of our strategic focus on operational excellence and innovation. Achieving an EBITDA margin of 40.05% showcases our ability to navigate challenges and optimize for profitability.

As we look ahead, we’re poised to deepen, accelerate & acquire advancements in Generative AI,

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PNN Verified Media or Organization • 11 Apr, 2026 Agency

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