Black Box Ltd, Essar’s technology arm, has unveiled an ambitious growth strategy focused on India, aiming to position itself as a strategic partner for global technology companies expanding into the region.
During its recent investor call, Black Box reported strong Q2 FY25 financial results and discussed long-term plans to leverage its expertise in supporting large-scale digital infrastructure projects as global tech firms enter the Indian market.
For Q2 FY25, Black Box posted notable financial growth with EBITDA of Rs 135 crore, a 34 per cent YoY increase, and a 60 per cent YoY rise in Profit After Tax (PAT) to Rs 51 crore. These gains reflect robust operational efficiencies, cost optimisation, and high-value solutions. The EBITDA margin improved by 260 basis points YoY to 9.0 per cent, and PAT margins rose by 140 basis points YoY to 3.4 per cent, underlining Black Box’s focus on sustainable profitability.
“We continue to see strong performance across …