Magellanic Cloud's Q4 net profit significantly increased by 32% year-over-year to reach INR 295 million. This impressive growth demonstrates the company's continued financial success.
Magellanic Cloud Limited
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Magellanic Cloud Limited will be announcing their audited financial results on May 26, 2026. Trading activity has been suspended for 48 hours following the announcement, with more information available on their official website.
Magellanic Cloud and Rayonix Technology have established a Special Purpose Vehicle named MCRAY XTEND INDIA, signifying their collaboration in India's expanding tech market. Details regarding the partnership's focus and objectives are yet to be disclosed.
Magellanic Cloud has made a significant move by acquiring a 60% stake in Mcray Xtend India, marking their strategic foray into the UAV and defense technology sector. This investment is set to strengthen their presence within the defense technology industry.
Magellanic Cloud Ltd's subsidiary, Provigil Surveillance, has won a deal worth 3.44 crore INR to install AI-powered CCTV systems for South Eastern Railway's goods sheds. The smart cameras aim to boost safety, protect assets, and enhance operational intelligence.
Magellanic Cloud's subsidiary secures a 3.44 crore INR contract with South Eastern Railway to install AI-driven CCTV systems at Kharagpur and PKU Goods Sheds, marking a step forward in modernization efforts.
Magellanic Cloud appoints Syed Ameeruddin as CEO for its e-surveillance business, iVIS and Provigil. Ameeruddin's role will focus on utilizing AI to spur growth in banking, transportation, infrastructure, and smart city sectors.
Magellanic Cloud and Rayonix Technology have sealed a deal valued at up to INR 1.5 billion, with the aim of enhancing cooperation and exploring new growth avenues together.
Magellanic Cloud and Rayonix have joined forces, investing in Unmanned Aerial Vehicles (UAVs). This partnership aligns with India's self-reliant (Atmanirbhar) strategy and strengthens efforts towards indigenous defense development.
Magellanic Cloud's subsidiary, Provigil Surveillance, has won an ₹8.2 crore contract from North Western Railway for CCTV system installations at various stations and TRD installations. The project is expected to be completed within 6-9 months.
Magellanic Cloud's promoters have announced plans to pledge over 10.78 million shares for the fiscal years 2025-2026, as per their updated disclosures. As of March 31, 2026, these pledged shares will remain in circulation.
Magellanic Cloud's subsidiary, Provigil Surveillance, has secured a significant ₹7.88 crore contract from South Central Railway for the installation of CCTV systems at goods sheds over the course of a year.
Magellanic Cloud Limited has secured a new order valued at INR 78.8 million, marking a significant win for the company.