Black Box Limited — Updates, 09-11-2024: Press Release

Black Box Limited reported strong Q2 FY25 results, with a 60% year-over-year increase in PAT to INR 51 crore and a 34% rise in EBITDA to INR 135 crore. Despite a slight revenue decline, the company saw improved EBITDA and PAT margins due to effective cost optimization and improved operating leverage. They are refocusing their business strategy on select industry verticals and deepening relationships with key clients. Additionally, a funding of INR 386 crore is expected to support further growth initiatives.