IT Consulting & Software company Black Box announced Q2FY25 results Revenue from Operations: Rs 1,497 crore compared to Rs 1,574 crore during Q2FY24, change -5% Q2FY25 PAT at Rs 51 crore; up 60% YoY. PAT Margin: 3.4% for Q2FY25. Q2FY25 EBITDA at Rs 135 crore; up 34% YoY. EBITDA margin: 9.0% for Q2FY25. Sanjeev Verma, Whole Time Director, Black Box said: “Our strategic focus on reorganising the business into industry verticals and a horizontal business layer will help us to transition into the next phase of growth. A focused approach to targeting premium customers will lead to deeper engagement with our clients making us among the preferred digital infrastructure solutions provider globally. Additionally, our cost optimization efforts will yield consistent growth in operating performance and enhanced productivity leading to better margins. We have secured funding of Rs 386 crore, which will strengthen our balance sheet and help us make accelerated investments to propel growth across key focus areas.” Deepak Kumar Bansal, Executive Director and Global Chief Financial Officer of Black Box, said: “Our commitment towards better performance achieved through operating leveraging is starting to yield results as our operating and profitability margins continue to rise quarter on quarter. As we re-architecture our GTM, we will see further improvement in our operating performance, higher profitability and improved cash flows. At Rs 51 crore of PAT in Q2FY25 we are already at a run-rate of above Rs 200 crore of PAT and are hopeful to achieve our full year FY25 profitability targets. Result PDF
Conference Call with Black Box Management and Analysts on Q2FY25 Performance and Outlook. Listen to the full earnings transcript.