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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