Steady Growth and Milestone Execution Recorded By Magellanic Cloud
FinTech BizNews Service
Mumbai, May 14, 2025: Magellanic Cloud Limited (MCL) (NSE/BSE: MAGELLANIC CLOUD) is a pioneering technology enterprise, offering digital transformation, e-surveillance, AI/IoT, and drone-based solutions for real-world applications.
Magellanic Cloud has announced its annual financial results for FY24–FY25, reflecting consistent growth and significant milestones across its group companies. The company reported a consolidated revenue of Rs597.23 crore, marking a 6.57% year-on-year increase from Rs560 crore in FY24. EBITA rose to Rs209.67 crore, representing a 4.22% growth, while the EBITA margin improved to 35.11%. The company reported a Profit After Tax (PAT) of Rs102.73 crore with a PAT margin of 17.20%, indicating continued operational strength.
Among key highlights, Motivity Labs, a Magellanic cloud subsidiary secured a $6 million contract to deliver tailored IT services and digital transformation solutions for a major enterprise client. Scanalitix, the company’s flagship Video Management System and Advanced Video Analytics platform, continued its global rollout across the United States, Canada, Oman, and Dubai.
The results of FY24-FY25 marked a pivotal moment in the company’s journey with its successful debut on the National Stock Exchange (NSE). The listing enhanced corporate visibility and strengthened investor confidence.
This milestone came alongside strong growth across its core verticals. Magellanic Cloud continues to make advances in IT services, drone technology, and e-surveillance intelligence as it delivers on its mission to power real-world transformation through next-generation innovation.
Mr. Joseph Sudheer Reddy, Global CEO of Magellanic Cloud, said, “FY25 has truly been a transformative year for us at Magellanic Cloud. From achieving key strategic milestones to delivering solid financial results, it's been an exciting journey. Our successful debut on the NSE is a clear reflection of the growing investor confidence in our vision and our strong foundations. We saw remarkable year-over-year revenue growth of 6.57%, proving the scalability and resilience of our diversified business model.”
