Outcome of Board Meeting

August 14, 2026 Bombay Stock Exchange Limited, National Stock Exchange of India Ltd., Dept. of Corporate Services, Dept. of Corporate Services, S1c4ri pF lCooodr,e P: .5J. 3T8o8w9e1r/s,S Dcrailpal ISDtr: eMeCt, L OUD ESyxmchbaongl:e M PClaLzOa,U BDa/nSderrai-e Ks:u ErlQa Complex, F ort, Mumbai - 400001 B andra (East), Mumbai - 400051 Sub: Outcome of the meeting of the Board of Directors of Magellanic Cloud Limited (the “Company”) held on August 14, 2026 Ref: Prior Intimation dated August 11, 2026 Respected Sir/Madam, With reference to Regulation 30 and 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we wish to intimate your esteemed exchange that the Board of Directors of the Company at their meeting held today i.e. Friday, August 14, 2026, inter alia considered and approved the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026, along with Limited Review Report thereon issued by M/s SGCO & Co, LLP, Statutory Auditors as per Regulation 33 of the Listing Regulations. The meeting commenced at 12:30 p.m. (IST) and concluded at 03:50 p.m.(IST). The same has also been made available on the website of the Company i.e. www.magellanic-cloud.com We request you to kindly take the above on record. Thanking You, For Magellanic Cloud Limited Yours faithfully, Jagan Mohan Reddy Thumma Managing Director DIN: 06554945 Encl: MAGELLANIC CLOUDLIMITED Formerly known as South India Projects Limited CIN: L72100TG1981PLC169991 Registered Office: 6th Floor, Dallas Center, 83/1, Plot No A1 Knowledge City, Rai Durg Hyderabad Rangareddi TG 500032 Telephone No.: 040-46515454 www.magellanic-cloud.com info@magellanic-cloud.com Independent Auditor’s Limited Review Report on Unaudited Standalone Financial results of Magellanic Cloud Limited for the quarter ended 30 June 2026 pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. The Board of Directors of Magellanic Cloud Limited 1. We have reviewed the accompanying Statement of Unaudited Standalone Financial Results of Magellanic Cloud Limited (‘the Company’) and its subsidiaries including step down subsidiary (the Holding Company and its subsidiaries including step down subsidiaries together referred to as “the Group”) for the quarter ended June 30, 2026, (‘the Statement’) attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (‘the Regulation’). 2. This Statement, which is the responsibility of the Management and approved by the Company’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 ‘Interim Financial Reporting’ (‘Ind AS 34’), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other recognized accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagement (SRE) 2410, “Review of Interim Financial Information Performed by the Independent Auditor of the Entity” issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether standalone financial results are free of material misstatements. A review consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS 34, prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other recognized accounting principles generally accepted in India has not disclosed the information required to be disclosed in terms of the Regulation including the manner in which it is to be disclosed, or that it contains any material misstatement. For S G C O & Co. LLP Chartered Accountants Firm Reg. No. 112081W/W100184 Suresh Murarka Partner Mem. No. 044739 UDIN: 26044739GYMQUL9562 Date: 14th August ,2026 Place: Mumbai Magellanic Cloud Limited (formerly known as South India Projects Limited) CIN: L72100TG1981PLC169991 6th Floor, Dallas Center, 83/1, Plot No A1 Knowledge City, Rai Durg Hyderabad Rangareddi TG 500032 India Statement of audited Standalone Financial Results for the Quarter endend June 30 ,2026 Amount (Rs in Lakhs, except EPS) Standalone Quarter Ended Year Ended Sr. No PARTICULARS 30.06.2026 31.03.2026 30.06.2025 31.03.2026 (Unaudited) (Audited) (Unaudited) (Audited) I Revenue from operations 2,407.60 2 ,370.11 2,976.82 1 0,203.48 Other income 73.92 2 31.08 27.74 4 39.96 Total Revenue 2,481.52 2 ,601.19 3,004.56 1 0,643.44 II Expenses Cost of Services 94.61 1 03.05 242.08 5 39.79 Purchases of stock in trade 0.00 - 482.01 5 02.05 Changes in inventories of finished goods, Stock- in -Trade and workin-progress - - - 26.52 - Employee benefits expense 589.11 6 06.16 690.60 2 ,672.22 Finance costs 716.03 7 25.20 666.72 2 ,775.12 Depreciation and amortisation expense 215.43 1 92.01 80.25 5 32.88 Other expenses 217.99 1 49.60 158.96 7 50.08 Total expenses 1,833.16 1 ,776.02 2,294.10 7 ,772.15 III Profit Before Tax and Exceptional Items 648.36 8 25.17 710.46 2 ,871.29 IV Exceptional Items Impact of new Labour Codes (Refer note 04) - - - V Profit Before Tax and Exceptional Items 648.36 825.17 710.46 2,871.29 VI Income Tax Expense Current Tax (including earlier year provision) 1 64.19 1 28.53 1 86.83 6 41.02 Deferred Tax Charge/(credit) - 2.46 8 0.14 5 .46 1 42.41 Total Tax Expense 161.73 2 08.67 192.29 7 83.42 V Profit After Tax 486.63 6 16.50 518.18 2 ,087.87 VI Profit for the year 486.63 616.50 518.18 2,087.87 VII Other comprehensive income (a)loss in subsequent periods (i) Remeasurements gains/(losses) on defined 3 2.77 2 0.60 ( 21.59) -17.35 (iii) Income tax effect on above ( 8.25) -5.19 5.44 4 .37 net of tax 24.52 15.41 (16.16) ( 12.98) VIII net of tax 511.15 6 31.91 502.02 2 ,074.89 IX Paid up equity Share capital ( Face Value Rs. 2 each) 58,90,67,120 5 8,90,67,120 58,43,95,120 58,90,67,120 X Paid up equity Share capital ( Face Value Rs. 2 each Weighted Average No's for EPS) 58,90,67,120 5 8,61,99,920 58,43,95,120 58,61,99,920 X Other Equity 2 6,083.36 XI each Basic earning per share(₹) 0.08 0 .11 0.09 0 .35 Diluted earning per share(₹) 0.08 0 .11 0.09 0 .35 Notes: 1Theabovestandalonefinancialresults(the'results')arepreparedinaccordancewiththerecognitionandmeasurement principleslaiddowninIndianAccountingStandards(IndAS)specifiedundersection133oftheCompaniesAct,2013 read with the Companies (Indian Accounting Standards) Rules, 2015, and other accounting principles generally acceptedinIndiaandareincompliancewiththepresentationanddisclosurerequirementsofRegulation33oftheSEBI (ListingObligationsandDisclosureRequirements)Regulations,2015(asamended).Theseresultshavebeenreviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 14th August 2026. 2TheCompanyoperatesinonereportablebusinesssegmentnamelyITandITrelatedServicesasperINDAS108on Operating Segments. 3The above standalone results for the quarter ended June 30, 2026 are available a [Showing first 8,000 characters — download PDF for full document]