Magellanic Cloud reports 37.3% EBITDA and 40.3% profit after tax growth for Q2 2024.

Magellanic Cloud, a prominent technology firm, reported strong year-over-year growth for the quarter ending June 30, 2024, with a 37.3% increase in EBITDA and a 40.3% rise in profit after tax. The company, which operates in IT, IT-enabled services, surveillance, and drone technology, is focusing on innovation and strategic acquisitions. CEO Joseph Sudheer Reddy emphasized operational excellence as key to their success.

September 07, 2024
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