{"id":154082,"date":"2023-08-16T04:31:05","date_gmt":"2023-08-16T08:31:05","guid":{"rendered":"https:\/\/44.250.171.167\/?p=154082"},"modified":"2023-08-16T04:31:06","modified_gmt":"2023-08-16T08:31:06","slug":"magellanic-cloud-ltd-q1fy24-90-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/magellanic-cloud-ltd-q1fy24-90-rise-in-profits\/","title":{"rendered":"Magellanic Cloud Ltd Q1FY24; 90% rise in Profits"},"content":{"rendered":"\n<p>Magellanic Cloud Limited was originally incorporated with ROC, Kolkata in 1981 in the name of \u201cSouth India Projects Limited\u201d. It is present in Europe, USA and Asia. The company provides its IT services in software development, consulting and human resource business solutions i.e. listing employment vacancies and referring or placing applicants for employment.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>Magellanic Cloud Ltd reported Revenues for Q1FY24 of \u20b9138.00 Crores up from \u20b982.00 Crore year on year, a rise of 68.29%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b9112.00 Crores up from \u20b969.00 Crores year on year, a rise of 62.32%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b919.00 Crores up 90.0% from \u20b910.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b91.65, up 83.33% from \u20b90.90 in the same quarter of the previous year.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1127.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1127-839x1024.png\" alt=\"\" class=\"wp-image-154083\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1127-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1127-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1127-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1127-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1127.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/a><\/figure><\/div>\n\n\n\n<p>*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Magellanic Cloud Limited was originally incorporated with ROC, Kolkata in 1981 in the name of \u201cSouth India Projects Limited\u201d. It is present in Europe, USA and Asia. The company provides its IT services in software development, consulting and human resource business solutions i.e. listing employment vacancies and referring or placing applicants for employment. Financial Results: [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,8],"tags":[9822],"class_list":["post-154082","post","type-post","status-publish","format-standard","hentry","category-infographics","category-technology-stocks","tag-it"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":149562,"url":"https:\/\/alphastreet.com\/india\/varanium-cloud-ltd-q1fy24-71-rise-in-profits\/","url_meta":{"origin":154082,"position":0},"title":"Varanium Cloud Ltd Q1FY24; 71% rise in Profits","author":"Chirag Gupta","date":"July 21, 2023","format":false,"excerpt":"Incorporated in Dec 2017, Varanium Cloud Limited is a technology company focused on providing services surrounding digital audio, video, and financial blockchain (for PayFac) based streaming services. Financial Results: Varanium Cloud Ltd reported Revenues for Q1FY24 of \u20b9171.00 Crores up from \u20b952.00 Crore year on year, a rise of 228.85%.\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-117.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-117.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-117.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-117.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-117.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-117.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":149497,"url":"https:\/\/alphastreet.com\/india\/tanla-platforms-ltd-q1fy24-35-rise-in-profits\/","url_meta":{"origin":154082,"position":1},"title":"Tanla Platforms Ltd Q1FY24; 35% rise in Profits","author":"Chirag Gupta","date":"July 20, 2023","format":false,"excerpt":"Tanla Platforms Ltd (formerly Tanla Solutions Ltd) is a cloud communications provider enabling businesses to communicate with their customers and intended recipients. It is headquartered in Hyderabad, India. It is a global A2P(application to person) messaging platform provider. Financial Results: Tanla Platforms Ltd reported Revenues for Q1FY24 of \u20b9911.00 Crores\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-103.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-103.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-103.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-103.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-103.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-103.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":151668,"url":"https:\/\/alphastreet.com\/india\/ramco-systems-ltd-q1fy24-17-rise-in-revenue\/","url_meta":{"origin":154082,"position":2},"title":"Ramco Systems Ltd Q1FY24; 17% rise in Revenue","author":"Karan_Singh","date":"August 7, 2023","format":false,"excerpt":"Ramco Systems is an enterprise software player having multi-tenant cloud and mobile-based enterprise software in HR and Global Payroll, ERP and M&E MRO for Aviation. 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The company has a Fully owned Computer Infrastructure and Core Technology Stack. Financial Results: E2E Networks Ltd reported Revenues for Q1FY24 of \u20b919.46 Crores up from \u20b915.19 Crore year on year, a rise of 28.11%. 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