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Black Box Q1 result: Net profit rises 18% to ₹56 cr, revenue at ₹8,986 cr
Essar group's IT arm Black Box has posted an 18 per cent increase in consolidated profit at Rs 56 crore in the June quarter, driven by a stronger order book and contribution from its recently acquired Brazilian business, 2S, the company said on Thursday. Black Box had posted profit of around Rs 47 crore in the same period a year ago. The company's revenue from operations grew by about 83 per cent to Rs 8,986 crore during the reported quarter from Rs 4,901 crore a year ago. "We have entered FY'2…
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