Quarterly Result12 Aug 2026, 10:20 pm
Black Box Ltd Q1 FY27 Unaudited Results Review
AI Summary
Black Box Limited has released its unaudited consolidated financial results for the first quarter of FY27, ending June 30, 2026. The independent auditor, MSKA & Associates LLP, has reviewed the statement and found no material misstatements. However, the report highlights delays in remittance of import payments (₹20.95 crores), repatriation of export proceeds (₹9.21 crores), and other receipts (₹9.15 crores) beyond stipulated timelines under the Foreign Exchange Management Act, 1999. Applications for condonation of these delays have been filed with the Authorised Dealer Category-I bank, with responses awaited. The auditor's conclusion is not modified in respect of this matter.
Key Highlights
- Unaudited consolidated results for Q1 FY27 reviewed.
- No material misstatements found in financial statement.
- Significant delays noted in foreign exchange remittances.
- Applications filed for condonation of forex remittance delays.
Price Impact
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