Result: Black Box Limited result Q2 2024

Black Box Limited result Q2: As Q2 2024 financials, showcasing a significant recovery and performance improvement. Revenue for the quarter reached INR 1,655 crore, reflecting a minor year-over-year decrease of about 1%. Despite this slight drop in revenue, the company achieved a remarkable rise in profitability, with EBITDA at INR 116 crore, marking a 62% year-on-year growth. This improvement in EBITDA also increased the company’s EBITDA margin from 4.3% to 7.0%, demonstrating better cost efficiencies and operational management


Here's a table summarizing the key financial results for Black Box Limited in Q2 2024:


Metric Q2 2024 Q3 2024 YoY Change
Revenue from Operations INR 1,655 Cr INR 1,672 Cr -1%
Gross Profit INR 426 Cr INR 426 Cr 0%
Gross Profit Margin 25.7% 25.5% +0.2%
EBITDA INR 116 Cr INR 72 Cr +62%
EBITDA Margin 7.0% 4.3% +2.7%
Profit After Tax (PAT) INR 41 Cr INR 8 Cr +425%
PAT Margin 2.5% 0.5% +2.0%
Basic EPS INR 2.43 INR 0.47 +417%
Total Other Expenses INR 311 Cr INR 350 Cr -11%
Finance Cost INR 36 Cr INR 27 Cr +33%

Highlights:

  • Revenue Stability: Although revenue saw a minor decline (1%), gross profit remained stable due to margin improvements.
  • Profitability: A significant increase in EBITDA (62%) and PAT (425%) highlights strong operational efficiency and cost control.
  • Cost Management: Total other expenses dropped by 11%, contributing to higher profitability.


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