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Magellanic Cloud Reports Positive Results for 2022-23 End-Year Quarters

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Magellanic Cloud saw a 37.23% jump in revenue, with profits up by 774.10% before tax & 151.61% after tax. Recent acquisitions have seen growth in IT, human capital, E-surveillance, and drone manufacturing, making the company a leader in video-based E-Surveillance and drone sectors with cutting-edge technology. CEO Joseph Sudheer Reddy Thumma anticipates growth in defense, agriculture, pharma, e-commerce, real estate, and retail sectors with advanced drone solutions.

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