Black Box Q2 result: Profit rises 60% to Rs 51 cr due to operating leverage

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Black Box Q2 result: Profit rises 60% to Rs 51 cr due to operating leverage - Business Standard

Quick Summary:

Essar Group's IT arm Black Box has reported a 60 per cent jump in consolidated net profit to Rs 51.14 crore for the July-September quarter, helped by operating leverage.

The company's EBITDA (earnings before interest, taxes, depreciation, and amortization) for the quarter increased 34 per cent to Rs 135 crore, a statement said.

"The company's commitment towards better performance achieved through operating leverage has led to growth in both EBITDA and PAT margins," it added.