Digital infrastructure firm Black Box Ltd reported a net profit of Rs 47 crore for the April-June quarter, registering a 28 percent growth over the same quarter last year. The firm reported earnings before interest, taxes, depreciation, and amortisation (EBITDA) of Rs 116 crore for the quarter, with EBITDA margins at 8.4 percent, higher by 30 basis points over the corresponding period a year ago.
Order inflows for the quarter were Rs 1,506 crore, taking the company's total order backlog to Rs 4,433 crore. The order backlog at the end of FY25 was Rs 4,313 crore. "Nearly two-thirds of all the deals won in Q1FY26 were high-value engagements demonstrating the success of the ongoing transformation and the company’s strategic focus on large-scale projects with global marquee clients," the company said in a statement. Black Box also added that it has continued to reduce the tail of low-value accounts.
"With the turnaround complete, FY26 is about accelerating growth, scaling revenues, and capturing market leadership. While the year began at a slower pace, we are seeing solid traction in key accounts and are actively engaged in multiple high-value opportunities," said Sanjeev Verma, whole time director at Black Box.
Black Box is promoted by the conglomerate Essar Group. For the quarter, the company reported a revenue of Rs 1,387 crore, lower by 3 percent year-on-year, which it attributed to delay in procurement by some clients due to the prevailing tariff environment, thus pushing back revenue recognition.
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