Black Box Limited’s shares surged to the upper circuit, rising nearly 3% to trade at ₹554.05 on the NSE as of 11:09 am, following the release of its Q2 FY25 financial results. The company reported solid growth in revenue and profitability, boosting investor confidence and attracting positive market sentiment.
Key Financial Highlights for Q2 FY25
- Revenue from Operations: ₹1,497.23 crore, marking a 5.18% increase from ₹1,423.38 crore in the previous quarter (QoQ), although reflecting a slight YoY decline of 4.89% from ₹1,574.35 crore in Q2 FY24.
- Net Profit: ₹51.14 crore, up 37.89% from ₹37.09 crore in the previous quarter and showing an impressive 59.99% YoY growth from ₹31.96 crore in Q2 FY24, indicating the company’s strong focus on profitability.
Market Reaction and Analyst Outlook
The sharp increase in Black Box’s net profit underlines its operational efficiency and cost management improvements. Despite a minor YoY dip in revenue, the substantial growth in net profit showcases the company’s emphasis on strengthening its financial performance. Analysts have responded positively, forecasting potential for sustained profitability as Black Box continues to streamline operations and enhance efficiency.
This promising quarterly performance positions Black Box favorably in the market, with investor optimism reflected in the stock’s upper circuit hit.
