| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 1.5K | 0.3% |
| Total Income | 1.5K | 0.3% |
| Expenditure | 1.4K | 0.5% |
| PBT | 59.23 | 8.5% |
| Net Profit | 56.08 | 9.7% |
| OPM | -0.31% | 0.16pp |
| NPM | 0.01% | 0.02pp |
| EPS | 3.33 | 9.5% |
Black Box Ltd Reports Highest Ever Quarterly PAT of INR 56 Crore, Up 37% YoY in Q3 FY25
11 Feb 2025 · 11 Feb 2025, 09:23 pm
Summary
Black Box Limited, a leading digital infrastructure solution provider, announced its results for the quarter and nine months ending 31st December 2024. The company reported a highest ever quarterly PAT of INR 56 crore, growing by 37% YoY. The EBITDA for the quarter was INR 134 crore, reflecting a growth of 15% YoY. The company's focus on continuous improvement and enhanced productivity measures led to significant growth YoY in both EBITDA and PAT. The revenue was predominantly affected due to subdued order book as a result of delayed decision making with some of the large customers coupled with company’s strategy to exit the tail customers. However, the company’s pipeline for digital infrastructure, across industry verticals including hyperscalers, continues to grow, positioning Black Box for sustained growth and market leadership.
Key Highlights
- 1
Q3 FY25 PAT at INR 56 crore, up 37% YoY
- 2
Q3 FY25 EBITDA at INR 134 crore, up 15% YoY
- 3
Revenue for Q3FY25 stood at INR 1,502 crore, down 9% YoY
- 4
Order book stood at US$ 465 million (approx. INR 3,900 crore) as of December 2024
Management Comments
Mr. Sanjeev Verma
Whole Time Director, Black Box
The rapid advancements in AI and the ongoing developments in this field are expected to drive a global surge in demand for AI tools across businesses. This, in turn, will accelerate the need for robust digital infrastructure. As a result, hyperscalers are making significant capital investments in AI infrastructure and data centers, reinforcing our confidence in reaching our growth target of US$2 billion in revenue by FY29.
Mr. Deepak Kumar Bansal
Executive Director and Global Chief Financial Officer of Black Box
Our relentless focus on improving operating performance allowed us to achieve highest ever quarterly PAT. The company has, over the last few years, consistently generated strong ROE and ROCE, and remains committed to generating positive cash flows and better returns for the shareholders. Better efficiencies and productivity helped us in achieving stronger than estimated margins.
Informational and educational content only. Not investment advice.