Essar Group's IT firm Black Box on Tuesday reported a 7 per cent growth in consolidated net profit to ₹64.76 crore in the January-March quarter of FY26, aided by robust order inflows across key verticals and strategic markets.It had reported a net profit of ₹60.47 crore in the corresponding quarter of the previous fiscal.Black Box's revenue from operations rose 9.5 per cent to ₹1,690.94 crore in Q4 FY26, as compared to ₹1,544.58 crore in Q4 FY25.Seen on a quarter-on-quarter basis, the company's profit and revenue grew 30.3 per cent and 1.9 per cent, respectively. During the quarter, Black Box secured new orders worth $377 million (approximately ₹3,331 crore).Key order wins during the quarter included a $75 million (about ₹663 crore) data centre services engagement from a US-based global hyperscaler.The company also secured a multi-year strategic engagement worth over $90 million (about ₹795 crore) with a major US international airport.In the full fiscal year of 2025-26, Black Box's profit stood at ₹217.52 crore, 6.2 per cent higher than ₹204.78 crore in the previous year. FY26 revenue jumped 5.9 per cent to ₹6,321.85 crore."Black Box is a direct beneficiary of the global AI-driven infrastructure boom, as enterprises and hyperscalers accelerate spending on next-generation networks, data centres and connectivity. In FY26, we crossed a landmark of around $1 billion in order bookings … giving us strong visibility into FY27 and beyond.“With AI and enterprise modernisation investments accelerating, Black Box is well positioned to capitalise on a multi-year growth opportunity, driven by disciplined execution and an unwavering focus on long-term shareholder value," Black Box CEO and Executive Director Sanjeev Verma said.In March 2026, the company raised ₹386.36 crore through the conversion of warrants issued in September 2024. Promoters contributed ₹200 crore, representing 51.76 per cent of the total capital infusion. Post-conversion, promoter shareholding increased to 69.99 per cent.Shares of Black Box settled 0.16 per cent higher at ₹978.60 apiece on the BSE on Tuesday.Published on May 26, 2026