Magellanic Cloud corrects FY26 XBRL discrepancies, files auditor declaration

Magellanic Cloud Ltd corrected discrepancies in its financial results for the year ended March 31, 2026, and filed a declaration confirming an unmodified auditor opinion. The company addressed errors in its XBRL filings submitted on May 26, 2026, revising figures for earnings per share (EPS), profit before tax (PBT), profit after tax (PAT), paid-up equity share capital, reserves, and cash flow statements.

The corrections involved both standalone and consolidated financial results. Specifically, the company rectified the non-annualised EPS figure that was inadvertently mentioned in the earlier filing. Additionally, adjustments were made to the PBT, PAT, paid-up equity share capital, and reserves excluding revaluation reserve figures. The cash flow statement was also updated to reflect accurate data.

In response to a query from the exchanges regarding the non-submission of a declaration for unmodified opinions, the company clarified that the audit report did not contain any qualified or modified opinions. The statutory auditors, SGCO & CO LLP, issued the audit report for the financial year ended March 31, 2026. The company attributed the absence of the declaration to an inadvertent oversight and subsequently filed the necessary document as required under Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The following table outlines the specific financial components that were corrected in the revised XBRL filings:

Financial Component	Filing Type
EPS	Standalone and Consolidated
PBT and PAT	Consolidated
Paid-up Equity Share Capital	Standalone and Consolidated
Reserves (excluding revaluation reserve)	Standalone and Consolidated
Cash Flow Statement	Standalone and Consolidated

Joseph Sudheer Reddy Thumma, Chairman and Managing Director, signed the correspondence and the annexed declaration submitted to the Bombay Stock Exchange Limited and the National Stock Exchange of India Ltd. on July 03, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.02%	-6.50%	+20.50%	+19.82%	-60.50%	-60.97%

A wholly owned subsidiary of Magellanic Cloud , Provigil Surveillance Limited, has secured a contract worth ₹6,25,19,418.88 from South Central Railway, Vijayawada Division. The order encompasses the provision of advanced surveillance systems at KVR, GVN, and Rajahmundry railway stations for Godavari Pushkaram-2027. Additionally, the project includes the replacement and augmentation of Video Surveillance Systems (VSS) at multiple stations and the installation of video recording systems in Relay Rooms and Station Master Rooms across the division. This contract strengthens the company's presence in the railway surveillance and security infrastructure segment.

Contract Details

The key details of the contract are outlined below:

Parameter	Details
Contract Value	₹6,25,19,418.88
Awarded To	Provigil Surveillance Limited (Wholly Owned Subsidiary)
Awarded By	South Central Railway, Vijayawada Division
Execution Period	9 Months
Scope of Work	Supply, installation, testing, commissioning, and integration of IP-based Video Surveillance System (VSS)

Scope and Execution

The scope of work entails the deployment of IP-based CCTV surveillance systems, Network Video Recorders (NVRs), and other associated Signalling & Telecommunication (S&T) infrastructure. The project will culminate in the successful handover of the surveillance system. The order is not a related party transaction, and none of the promoter or group companies have any interest in the entity awarding the contract.

Joseph Sudheer Thumma, Managing Director & Global CEO of Magellanic Cloud Limited, stated that the order reinforces the growing confidence government entities place in the company's surveillance capabilities. He highlighted strong order inflows from PSUs and increasing demand for intelligent, reliable, and scalable security infrastructure across critical public assets.