Magellanic Cloud Limited — Updates, 23-07-2025: Press Release

Magellanic Cloud delivered a strong Q1 FY26, with Revenue at ₹163.96 Cr (+24.05% YoY) and PAT at ₹27.77 Cr (+22.93% YoY). The company completed the 100% acquisition of Finoux, entering AI-powered fintech with 75+ new clients. New contract wins totaling ₹100 Cr across IT, e-surveillance, and drone tech, including ₹81 Cr for BFSI e-surveillance across 5,000+ sites and a ₹5 Cr drone order. Its Scanalitix platform received a crucial certification, enabling government tenders. Partnerships with Snowflake and Databricks enhance AI/data capabilities, positioning for strong future growth.