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

Net profit of Magellanic Cloud rose 31.18% to Rs 22.76 crore in the quarter ended December 2023 as against Rs 17.35 crore during the previous quarter ended December 2022. Sales declined 1.04% to Rs 131.38 crore in the quarter ended December 2023 as against Rs 132.76 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales131.38132.76 -1 OPM %38.6725.27 - PBDT45.9529.03 58 PBT33.7323.28 45 NP22.7617.35 31 Powered by Capital Market - Live News

Magellanic Cloud will hold a meeting of the Board of Directors of the Company on 13 February 2024.Powered by Capital Market - Live News

Net profit of Magellanic Cloud declined 22.61% to Rs 22.18 crore in the quarter ended September 2023 as against Rs 28.66 crore during the previous quarter ended September 2022. Sales rose 70.17% to Rs 154.07 crore in the quarter ended September 2023 as against Rs 90.54 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales154.0790.54 70 OPM %26.3125.83 - PBDT36.1436.88 -2 PBT28.3733.24 -15 NP22.1828.66 -23 Powered by Capital Market - Live News