IT Consulting & Software company Black Box announced Q4FY26 & FY26 results Consolidated Financial Highlights: The company’s Revenue from operations for Q4FY26 was Rs 1,690.94 crore, a growth of 1.89% on a QoQ basis compared to Rs 1,659.58 crore in Q3FY26 and an increase of 9.48% on a YoY basis compared to Rs 1,544.58 crore in Q4FY25. Total Income for Q4FY26 stood at Rs 1,693.08 crore, showing a marginal increase of 1.95% from Rs 1,660.76 crore in the previous quarter and a rise of 9.51% from Rs 1,546.10 crore in the same quarter last year. Net Profit for Q4FY26 was Rs 64.76 crore, representing a significant growth of 30.35% QoQ from Rs 49.68 crore and a YoY growth of 7.10% from Rs 60.47 crore. For the full year FY26, Revenue from operations reached Rs 6,321.85 crore, marking a 5.97% YoY increase compared to Rs 5,965.91 crore in FY25. Total annual income for FY26 was Rs 6,327.83 crore, up 5.96% from Rs 5,971.94 crore in the previous year. Annual Net Profit for FY26 stood at Rs 217.52 crore, reflecting a growth of 6.22% over Rs 204.78 crore reported in FY25. Total Comprehensive Income for FY26 amounted to Rs 305.77 crore compared to Rs 143.63 crore in FY25, a growth of 112.89%. The Basic Earnings Per Share (EPS) for FY26 was Rs 12.78, compared to Rs 12.16 in FY25. Standalone Financial Highlights: Revenue from operations for Q4FY26 was Rs 110.35 crore, registering an increase of 7.27% QoQ from Rs 102.87 crore, while decreasing by 11.34% YoY from Rs 124.46 crore. Total Income for the quarter ended March 31, 2026, was Rs 112.36 crore, up 7.90% on a QoQ basis but down 11.03% on a YoY basis. The standalone Net Profit for Q4FY26 was Rs 15.18 crore, showing a turnaround from a net loss of Rs 1.34 crore in Q3FY26 and a marginal decrease of 1.87% compared to Rs 15.47 crore in Q4FY25. Annual Revenue from operations for FY26 grew by 7.73% to Rs 405.98 crore from Rs 376.86 crore in FY25. Annual Net Profit for FY26 reached Rs 18.23 crore, a significant growth of 53.45% compared to Rs 11.88 crore in FY25. Standalone Basic EPS for FY26 improved to Rs 1.07 from Rs 0.71 in the previous year. Business Highlights: Segment-wise Performance: System Integration: This segment reported a revenue of Rs 5,326.06 crore in FY26, showing a growth of 5.07% compared to Rs 5,068.93 crore in FY25. Segment results (PBIT) for the year were Rs 434.13 crore. Technology Product Solutions: Revenue for this segment grew by 10.92% to Rs 847.12 crore in FY26 from Rs 763.73 crore in FY25. The segment reported a reduced loss of Rs 15.84 crore compared to a loss of Rs 32.72 crore in the previous year. Others: Revenue from other business activities stood at Rs 148.67 crore in FY26. Acquisition in Brazil: A step-down subsidiary, Black Box Do Brasil Indústria E Comércio Ltda., completed the acquisition of 2S Inovações Tecnológicas (“2S”), a leading Brazilian solutions integrator, on May 13, 2026. The acquisition is effective from May 01, 2026. Stake Sale in Black Box DMCC: The Group entered into a Share Purchase Agreement on December 30, 2025, to sell its 39.53% equity stake in Black Box DMCC (formerly ZServices HQ DMCC) for a consideration of 4 million USD. Dividend: The Board of Directors has recommended a final dividend of Rs 1 per equity share (face value of Rs 2) for the financial year ended March 31, 2026. Share Capital Increase: The paid-up share capital of the company increased from Rs 33.87 crore to Rs 35.50 crore during the year following the allotment of shares under the ESOP scheme and the conversion of warrants. Impact of New Labour Code: The company has recognized an estimated incremental impact of Rs 5.55 crore in the consolidated results and Rs 3.41 crore in the standalone results for FY26 due to material increase in provision for employee benefits on account of the New Labour Codes. Sanjeev Verma, Executive Director & Chief Executive Officer, said: “Black Box is a direct beneficiary of the global AI-driven infrastructure boom, as enterprises and hyperscalers accelerate spending on next-generation networks, data centers, and connectivity. In FY26, we crossed a landmark ~USD 1 billion in order bookings, underscoring the strength of our customer relationships and market position and giving us strong visibility into FY27 and beyond. With AI and enterprise modernization investments accelerating, Black Box is well positioned to capitalize on a multi-year growth opportunity, driven by disciplined execution and an unwavering focus on long-term shareholder value.” Deepak Kumar Bansal, Executive Director & Global CFO, said: “FY26 was a year of disciplined execution and continued improvement in business quality for Black Box. We delivered steady growth in revenue, profitability, and margins, while further strengthening our operational and financial foundation globally. With growing demand for digital infrastructure and AI-led enterprise transformation, we believe the industry is entering a multi-year investment cycle that presents significant long-term growth opportunities. We remain focused on driving scalable growth with financial discipline, improving operational efficiencies, and strengthening cash flow generation to support sustainable value creation over the long term.” Result PDF