Black Box Limited, Essar’s technology arm, revealed its audited financial results for the quarter and year ending March 31, 2026. The company showed progress in key financial and operational areas during FY26, with improved profitability and cash flows. It also saw growth in strategic deal wins, a promising opportunity pipeline, and a growing order backlog, indicating potential for sustained growth.
Throughout the quarter and year, Black Box focused on enhancing client relationships and engagement across key accounts. This effort led to consistent deal momentum and improved execution quality. The company’s expanding order backlog further supports its positive business trajectory and long-term growth outlook.
Black Box experienced strong business momentum in Q4 FY26, driven by robust order inflows across key verticals and markets. The company closed FY26 with an order backlog of around $792 million (~Rs 7,000 crore), up 57% year-over-year, providing solid revenue visibility for the upcoming fiscal year.
In Q4 FY26, Black Box reported growth in revenue, EBITDA, and profit after tax. The company secured new orders worth $377 million (~Rs 3,331 crore) during the quarter, showcasing increasing customer demand and improved deal conversion momentum. Key order wins included engagements with a leading US-based global hyperscaler and a major U.S. international airport, among others.
