| Metric | Value (₹ Cr) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 1.7K | 4.7% | 10.5% |
| Total Income | 1.7K | 4.7% | 10.5% |
| Expenditure | 1.6K | 4.8% | 10.6% |
| PBT | 56.75 | 7.1% | 4.2% |
| Net Profit | 49.68 | 10.7% | 11.4% |
| OPM | 7.53% | 0.59pp | 7.84pp |
| NPM | 2.99% | 0.52pp | 2.98pp |
| EPS | 2.92 | 11.0% | 12.3% |
Black Box Ltd Reports Q3 FY26 Results with 11% Revenue Growth and Strategic Expansion
12 Feb 2026 · 12 Feb, 8:53 am
Summary
Black Box Ltd, a leading provider of digital infrastructure solutions, announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The Company delivered sustained growth, with improvements across revenue and operating profit, driven by broad-based performance across its key markets. The Company is firmly positioned for a growth trajectory in the quarters ahead.
Key Highlights
- 1
Revenue up 11% YoY and EBITDA up 10% YoY
- 2
Order backlog projected at approximately $800 million by FY26 end
- 3
Executed definitive agreement to acquire Brazil based 2S Inovagdes Tecnoldgicas
- 4
Revenue for Q3 FY26 stood at 1,660 crore compared from 1,585 crore in Q2 FY26, reflecting an 11% year-on-year growth and 5% quarter-on-quarter
- 5
EBITDA for the quarter was 147 crore, representing a 10% year-on-year growth and 3% quarter-on-quarter increase
- 6
Order backlog as of December 31, 2025 was $601 million
- 7
Notable orders during the quarter include datacentre orders from hyperscalers, multiple orders from US public sector, a large order from an Indian internet giant, and a large order from a bank in Australia
Management Comments
Sanjeev Verma
Executive Director & Chief Executive Officer, Black Box
Our Q3 performance reflects the strength of our focused go-to-market strategy and improving execution across regions. With order bookings on track to reach $1 billion in FY26 and backlog expected to grow meaningfully ahead of earlier estimates, we are entering FY27 with strong revenue visibility and momentum. As the business mix continues to improve and higher-value opportunities scale, we are confident of accelerating growth while enhancing the quality and resilience of earnings. The acquisition of 2S is a significant milestone for Black Box. By combining 2S’s CISCO and cloud expertise with Black Box’s infrastructure and A/V capabilities, we are well positioned to deliver a unified enterprise solution, accelerate digital transformation across the high-growth LATAM market, and strengthen our networking and datacentre business. This will allow us to drive greater efficiency and innovation for our customers in the LATAM market, while creating long-term value for our shareholders.
Informational and educational content only. Not investment advice.