Black Box announced that it has secured a $131 million (₹1,240 crore) order with a new U.S.-based global Tier-1 hyper-scaler for a major data centre project in the U.S.
| Photo Credit: The Hindu
Black Box Limited, a provider of digital infrastructure solutions, for the quarter ended June 30, 2026 and part of Essar reported 18% YoY growth in net profit at ₹56 crore. Revenue during the quarter grew 24% YoY to ₹1,719 crore. Order book grew 83% YoY to ₹8,986 crore.
Sanjeev Verma, Whole-time Director & Chief Executive Officer, said, “We have entered FY27 with strong momentum, delivering our highest-ever quarterly revenue of ₹1,719 crore, up 24% YoY, driven by improved execution of our expanding backlog and the contribution from our recently acquired Brazilian business, 2S.”
“Strong order bookings of $339 million lifted our backlog to an all-time high of $949 million, providing greater visibility and a strong foundation for sustained growth,” he added.
Deepak Kumar Bansal, Executive Director and Global CFO, said, “Q1 demonstrates the improving financial quality of the business, with EBITDA growth outpacing revenue growth and margins expanding by 90 bps. The increasing scale, quality and duration of our order book create a stronger base for growth and enhance revenue visibility.”
“Our focus remains on translating this momentum into stronger cash flows and returns through operating leverage, disciplined working capital management and prudent capital allocation, while selectively investing in capabilities that can create sustainable long-term value,” he added.
Black Box receives ₹386 crore from warrant conversion
Meanwhile, the company announced that it has secured a $131 million (₹1,240 crore) order with a new U.S.-based global Tier-1 hyper-scaler for a major data centre project in the U.S.
Under the engagement, Black Box will deliver work at a key location in the U.S. over approximately a three-year period, with further expansion expected in due course.
Published – August 13, 2026 05:05 pm IST
