BLACK BOX POSTS STRONG Q1FY26 PROFIT

Black Box Ltd promoted by the Essar Group has transformed itself from a loss making entity over the last five years into a profitable cash generating business with an extremely strong balance sheet.

- RAJIV KAPOOR

With the turnaround now complete, the company management expects to post higher revenue and growth in the current financial year on the back of solid traction by winning large key business accounts and multiple high value opportunities in the horizon. Black Box booked solid orders worth $176 million during the first quarter of FY2026 with almost majority of them being high value deals.

The company won a notable project order from a leading US based financial services blue-chip company along with an order from one of the biggest OTT player in the world for their operations in Latin America. It also secured two significant data centre orders in the US during the first quarter from a global hyper scaler and from a large global core location provider. Black Box also received orders for a work place solution project in the US from a top tier transport authority, another order from a public service authority for a combined connectivity infrastructure and networking segment and a large networking deal from a reputed 200 years old US based research university.