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