Magellanic Cloud Limited Files Business Responsibility and Sustainability Report for FY 2025-26
Magellanic Cloud Limited has filed its Business Responsibility and Sustainability Report for FY 2025-26. The company reported a turnover of ₹10,203.48 Lakhs and a net worth of ₹26,083.36 Lakhs. The report covers IT consulting, monitoring services, and drone trading, serving over 600 global clients. It details the company's ESG commitments and operational structure.
This is a standard annual disclosure and does not involve any new strategic initiatives, financial results, or corporate actions that would significantly impact the company's stock price or operations in the short term.
The announcement is a routine filing of the Business Responsibility and Sustainability Report, which is a standard disclosure requirement. It provides information about the company's ESG practices and financial performance for the relevant period but does not contain any extraordinary positive or negative developments.
Magellanic Cloud Limited, formerly known as South India Projects Limited, has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26. This report is a part of the company's Annual Report for the same financial year and has been made available on the company's website.
The BRSR report details the company's operations, products, employee structure, and its commitment to responsible business practices. For FY 2025-26, the company reported a turnover of ₹10,203.48 Lakhs and a net worth of ₹26,083.36 Lakhs. The report indicates that disclosures were prepared on a standalone basis, incorporating subsidiary details where applicable.
The company's business activities primarily consist of IT Consulting Services (87.57% of turnover), Monitoring Services (7.32%), and Trading - Drone (5.07%). Magellanic Cloud Limited serves over 600 global enterprise clients, including Fortune 1,000 companies, PSUs, and government bodies. As of the reporting year, the company had 150 permanent employees, with 97 males and 53 females.
The report also highlights the company's approach to various ESG principles, including integrity, ethical conduct, employee well-being, and environmental sustainability. While not required to obtain BRSR Core assurance for the reporting year, the company has policies in place for various responsible business conduct issues and has disclosed its commitment to integrating ESG principles into its operations. The company reported no material instances of fines or penalties from regulators or judicial institutions during the financial year.
What to do with a filing like this
Magellanic Cloud Limited filed this with the NSE as a statutory disclosure, categorised under business responsibility and sustainability report (brsr). It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Magellanic Cloud Limited. Read the original for the full detail.