Archive · 23 Jul 2025
Magellanic Cloud Q1 FY26: Revenue Up, AI Finance Foray
Magellanic Cloud, a tech company, made more money in the first part of the year.
Their income went up a lot, and they made more profit.
They also bought a company called Finoux, which uses smart computer programs (AI) to help with money stuff.
They have a video platform called Scanalitix that is doing well, helping different businesses.
Magellanic Cloud is also planning to grow bigger by going into new countries and possibly buying more companies.
Magellanic Cloud's Q1 FY26 revenue reached ₹163.96 crore, up 24.05% year-on-year.
Profit after tax increased by 22.93% during the quarter.
The company acquired Finoux, entering AI-powered financial analytics.
Scanalitix, the video intelligence platform, expanded into a SaaS suite.
Magellanic Cloud plans global expansion and further acquisitions.
- Who
- Magellanic Cloud Limited.
- What
- Magellanic Cloud reported increased revenue and profit for Q1 FY26, and acquired Finoux.
- When
- Q1 FY26 (specific date not mentioned in articles).
- Where
- Headquartered in Telangana, with expansion plans in US and Middle East.
- Why
- To expand its technology portfolio and market presence.
- Revenue (Q1 FY26)
- ₹163.96 crore
- Revenue Growth (YoY)
- 24.05%
- Profit After Tax Increase
- 22.93%
- Acquisition
- Finoux
- Platform
- Scanalitix
- Platform Function
- Video Intelligence SaaS suite