Magellanic Cloud Q1 PBT Rises 6%

  Published 11 months ago

Magellanic Cloud’s Q1 FY26 PBT grew 5.87% YoY to ₹40.07 crore despite a 30% surge in total operating expenses.

  • Material and service costs soared 159% and 143% YoY, driving sharp overall expense growth during Q1 FY26.
  • Employee costs rose 24% YoY to ₹65.21 crore; finance expenses increased moderately to ₹6.30 crore.
  • The firm focuses on software, GenAI, IoT, drone tech, and digital transformation to drive future growth.

You might like these

Nectar Lifesciences Sells Menthol Business to Ceph

STL Adopts Green Hydrogen Tech

Mandsaur 100MW Captive Solar Overview

NIFTYIT Plummets 3% on Trump H‑1B Fee Impact

India's Record Grain Harvest Forecast

Asian Paints Q1 Profit Meets View

Kolte-Patil Stock Gains on Blackstone Stake Approval

News that matters the most ⚡