Black Box Limited’s Board of Directors convened on August 12, 2026, to approve the unaudited financial results for the quarter ended June 30, 2026. Key decisions included the reclassification of authorized share capital, subject to shareholder approval, and the scheduling of the 40th Annual General Meeting for September 16, 2026. The board also fixed August 28, 2026, as the record date for determining final dividend eligibility.
Q1 FY27 Financial Highlights
Black Box Limited announced its unaudited financial results for the quarter ending June 30, 2026, following a board meeting held on August 12, 2026. The company’s consolidated revenue from operations stood at ₹1,718.50 crores, with a total income of ₹1,722.25 crores for the quarter. Total expenses amounted to ₹1,653.16 crores, leading to a profit before tax of ₹61.13 crores. The net profit after tax for the period was ₹55.92 crores. The board also approved the Limited Review Report on these results.
Share Capital Reclassification
A significant resolution passed by the Board of Directors was the approval for reclassification of the company’s authorized share capital. This move will alter the Capital Clause of the Memorandum of Association and Articles of Association. The existing authorized share capital of ₹1,45,00,00,000/-, comprising 22,50,00,000 Equity Shares, 50,00,000 Cumulative/Non-Cumulative Redeemable Preference Shares, and 50,00,000 Convertible Preference Shares, will be reclassified. The new structure will feature 47,50,00,000 Equity Shares, 25,00,000 Cumulative/Non-Cumulative Redeemable Preference Shares, and 25,00,000 Convertible Preference Shares, all with the same face values. This reclassification is subject to shareholder approval at the upcoming Annual General Meeting.
Annual General Meeting and Dividend
The 40th Annual General Meeting (AGM) of Black Box Limited has been scheduled for Wednesday, September 16, 2026, at 11:00 A.M. IST, to be conducted via Video Conferencing. The Notice of the AGM was also approved during the board meeting. Additionally, the Board has fixed Friday, August 28, 2026, as the Record Date for determining the eligibility of shareholders for the final dividend for FY 2025-26. The Board of Directors has recommended a final dividend of Re. 1 per equity share (face value Rs. 2) for the year ended March 31, 2026.
Auditor’s Review and Notes
The consolidated unaudited financial results were reviewed by MSKA & Associates LLP, Chartered Accountants. The auditors noted delays in remittance of import payments and repatriation of export proceeds, aggregating ₹20.95 crores and ₹9.21 crores respectively as of June 30, 2026, due to timelines stipulated under the Foreign Exchange Management Act, 1999. The company has filed necessary applications for extension of time and condonation of such delays. For the standalone financial results, similar delays were noted for import payments (₹2.93 crores) and export proceeds (₹6.67 crores and ₹8.93 crores). The company has also announced an increase in paid-up share capital due to the issuance of 103,950 equity shares under the ESOP Scheme, 2015.
Source: BSE
