Black Box Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

Latest quarter shows sustained revenue growth, reflecting strong demand and effective pricing strategies.
Net profit increased significantly in the latest quarter, indicating improved operational efficiency and cost management.
Operating profit margin remains healthy, suggesting consistent profitability despite fluctuating expenses.

NEGATIVES

Revenue dipped in the most recent quarter compared to previous, signaling potential demand challenges or seasonal effects.
Expenses remain high, impacting overall profitability and raising concerns about cost control.
Other income experienced a decline, indicating reduced income from exceptional items, which could affect future earnings stability.

Field	Mar 23	Jun 23	Sep 23	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25
Revenue	1,681.92	1,571.41	1,574.35	1,655.47	1,480.35	1,423.38	1,497.23	1,501.72	1,544.58	1,386.74
Expenses	1,592.97	1,484.20	1,475.70	1,541.71	1,355.74	1,309.07	1,364.60	1,368.21	1,401.75	1,281.95
Operating Profit	88.95	87.21	98.65	113.76	124.61	114.31	132.63	133.51	142.83	104.79
Other Income	17.85	5.45	8.32	11.19	0.78	1.05	3.40	1.44	5.65	13.18
Interest	34.28	33.42	31.53	35.80	40.50	33.94	32.25	31.31	47.22	33.58
Depreciation	30.59	27.72	28.85	28.36	29.41	26.29	28.31	31.15	27.53	26.56
Profit Before Tax	19.45	24.40	33.40	51.70	46.89	40.26	54.59	59.23	57.78	45.20
Tax	-3.65	0.46	1.44	10.83	5.99	3.17	3.45	3.15	-2.69	-2.23
Net Profit	23.10	23.94	31.96	40.87	40.90	37.09	51.14	56.08	60.47	47.43
Eps in Rs	1.38	1.43	1.90	2.43	2.44	2.21	3.04	3.33	3.57	2.80