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Black Box Q2 Results: Shares rise after profit jumps 30%, revenue grows 22%

source: news (news:india-cnbc-tv18)published 2026-11-13 07:57ingested 2026-11-14 03:04

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Black Box Q2 Results: Shares rise after profit jumps 30%, revenue grows 22%
- Published OnNov 13, 2026 | 12:52 IST
- Last Updated OnNov 13, 2026 | 13:27 IST
Speaking to CNBC-TV18, Black Box said it is exploring the acquisition of a Nasdaq-listed company. CNBC-TV18 had reported in October that Black Box was in early-stage discussions to acquire Nasdaq-listed Aeries Technology. The proposed transaction could value Aeries at around $70-90 million.
Shares of Black Box Ltd. were trading around 2% higher on Friday, November 13, after the company reported a strong set of results for the September quarter of FY27, with healthy growth across revenue, operating profit and net profit.
The company reported revenue of ₹1,936 crore for Q2FY27, registering a year-on-year increase of 22.1% compared with ₹1,585 crore in the corresponding quarter last year.
Net profit for the September quarter increased 30.4% year-on-year to ₹73 crore, compared with ₹56 crore reported in Q2FY26.
Operating performance also remained healthy, with Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) rising 26.2% year-on-year to ₹183 crore from ₹145 crore in the year-ago quarter.
EBITDA margin improved by 40 basis points to 9.5% in Q2FY27, compared with 9.1% in the corresponding quarter last year.
Speaking to CNBC-TV18, Black Box said it is exploring the acquisition of a Nasdaq-listed company.
CNBC-TV18 had reported in October that Black Box was in early-stage discussions to acquire Nasdaq-listed Aeries Technology. The proposed transaction could value Aeries at around $70-90 million.
However, the deal structure, funding arrangements and timeline have not yet been finalised. It also remains unclear whether Black Box is looking to acquire the entire company or only a controlling stake.

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