Black Box reports 4% revenue growth in Q4 at Rs 1,545 crore

The EBITDA for the quarter increased by 21 percent to Rs 147 crore, with the EBITDA margin expanding by 130 basis points to 9.5 percent.

Digital infrastructure firm Black Box Ltd reported a 4 percent year-on-year growth in its topline at Rs 1,545 crore for the January-March quarter of FY25, while its net profit rose by 48 percent over the same period to Rs 60 crore.

The EBITDA for the quarter increased by 21 percent to Rs 147 crore, with the EBITDA margin expanding by 130 basis points to 9.5 percent.

The company, which is a listed arm of the conglomerate Essar Group, however reported that its topline for FY25 declined by around 5 percent to Rs 5,967 crore. In a statement, the company said that the reduction in topline is due to potential clients pushing back projects and related decision-making, and the company also stepped back from some low-margin accounts.

Despite the decline in the topline, Black Box's EBITDA for the year increased by 24 percent to Rs 531 crore, while the EBITDA margin significantly increased to 8.9 percent.

"Our strategic focus on high-value customer segments and operational rigor has led to a meaningful expansion in both order book and profitability. The ongoing digital and AI-driven transformation across industries presents structural growth opportunities, and we are well-positioned to capitalize on them," said Sanjeev Verma, whole time director at Black Box.

The company won orders worth more than Rs 1,500 crore in the reporting quarter, including from clients in segments such as health, data centres, transportation, and education. The company's cumulative order book stands at around $500 million.

On May 27, Black Box Ltd's shares closed at Rs 476.95 apiece on the NSE, 0.6 percent lower than its previous close