IT Consulting & Software company Black Box announced Q1FY26 results Revenue for Q1FY26 stood at Rs 1,387 crore compared to Rs 1,423 crore in Q1FY25. EBITDA for the quarter was Rs 116 crore, representing a 1% YoY growth. EBITDA margins improved by 30 basis points to 8.4% in Q1FY26 YoY. Profit after tax (PAT) rose 28% YoY to Rs 47 crore from Rs 37 crore in Q1FY25. PAT Margin: 3.4% for Q1FY26. Sanjeev Verma, Whole Time Director, said: "Over the past five years, we have transformed Black Box from a loss-making entity into a profitable, cash-generating business with a strong balance sheet. With the turnaround complete, FY26 is about accelerating growth, scaling revenues, and capturing market leadership. While the year began at a slower pace, we are seeing solid traction in key accounts and are actively engaged in multiple high-value opportunities. Supported by our differentiated capabilities, robust pipeline, and committed teams, we remain confident in delivering sustainable, long-term growth." Deepak Kumar Bansal, Executive Director and Global CFO, said: “While Q1 is typically softer than Q4, this quarter’s performance also reflected some client-driven delays in equipment procurement due to the prevailing tariff environment, which impacted the timing of revenue recognition and operating margins. Despite this, we achieved year-on-year growth in both EBITDA and PAT, demonstrating our operational efficiency and margin resilience. With a robust order book, healthy cash reserves, and a strengthened go-to-market strategy, we remain confident to deliver on our growth ambitions for the remainder of the fiscal year.” Result PDF