Black Box Limited announced its consolidated unaudited financial results for the quarter ended June 30, 2026. The company reported total income of ₹1,722.25 crore and a profit of ₹55.92 crore. Key highlights include the acquisition of 100% equity interest in 2S Inovações Tecnológicas and management addressing delays in foreign currency remittances and collections. The results are prepared in compliance with Indian Accounting Standard 34.
Black Box Limited Reports Q1 FY27 Financial Highlights
Black Box Limited, along with its subsidiaries, has released its consolidated unaudited financial results for the quarter that concluded on June 30, 2026. The company reported a total income of ₹1,722.25 crore, comprising revenue from operations of ₹1,718.50 crore and other income of ₹3.75 crore. Expenses for the quarter amounted to ₹1,653.16 crore, leading to a profit before tax of ₹61.13 crore. After accounting for a tax expense of ₹5.21 crore, the profit for the period stood at ₹55.92 crore.
Key Operational and Financial Metrics
During the quarter, the company’s cost of materials and components consumed was ₹496.45 crore, while employee benefits expense (net) was ₹656.26 crore. The statement also detailed other comprehensive income, contributing a net gain of ₹2.52 crore, resulting in a total comprehensive income for the period of ₹58.44 crore.
Significant Business Developments
A notable development during the quarter was the acquisition of 100% equity interest in 2S Inovações Tecnológicas effective May 1, 2026, for a total purchase consideration of ₹496.59 crore. This acquisition has been accounted for as a business combination in accordance with Ind AS 103. Additionally, the company provided an update on delays in remittance of import payments and repatriation of export proceeds, aggregating to ₹20.95 crore, ₹9.21 crore, and ₹9.15 crore respectively. Management has filed applications for extension of time and condonation of these delays.
Segmental Performance
The segment information reveals that ‘System integration’ generated revenue of ₹1,412.54 crore, with segment results of ₹138.57 crore. ‘Technology product solutions’ reported revenue of ₹267.06 crore and segment results of (₹14.11) crore. ‘Others’ contributed revenue of ₹38.90 crore with segment results of (₹11.12) crore. Total segment results before other income and finance costs were ₹113.34 crore.
Shareholder Information
The paid-up equity share capital of the Holding Company increased to ₹35.52 crore due to the issue and allotment of 103,950 equity shares under the ESOP Scheme, 2015. Earnings per share (EPS) before exceptional items were ₹4.21* (basic) and ₹4.21* (diluted). After exceptional items, EPS was ₹3.15* (basic) and ₹3.15* (diluted).
Source: BSE
