Black Box Limited Q2 profit rises 30% on 22% growth

Black Box Limited reported a 30.4% year-on-year rise in Q2FY27 net profit to ₹73 crore, while revenue increased 22.1% to ₹1,936 crore. EBITDA grew 26.2% to ₹183 crore, compared with ₹145 crore last year. EBITDA margin also improved 40 basis points to 9.5% from 9.1%. The results indicate healthy business growth, with operating profit growing faster than revenue. Improving margins suggest better operating efficiency and earnings quality. Separately, the company is exploring an acquisition of a Nasdaq-listed business. Earlier reports linked the proposal to Aeries Technology, with an estimated deal value of $70-90 million. However, valuation, funding and deal structure remain undecided. My view: The quarterly performance is encouraging, particularly the faster EBITDA growth and margin expansion. Sustaining margins above 9.5% and delivering consistent earnings growth will be key. The proposed acquisition also needs closer scrutiny once funding and valuation details emerge. Stance: Positive on Q2 performance, while awaiting clarity on the acquisition. BBOX Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.