Black Box Limited has announced the outcome of its board meeting held on February 11, 2026, approving Q3FY26 unaudited financial results and key corporate decisions including equity share allotment and senior management appointments. The company has also made available the earnings call recording for stakeholder access.

Financial Performance Overview

The company delivered strong Q3FY26 performance with consolidated revenue reaching ₹1,659.58 crores compared to ₹1,501.72 crores in Q3FY25, representing 11% year-on-year growth. Net profit for the quarter stood at ₹49.68 crores against ₹56.08 crores in the corresponding period last year.

Nine Months Performance

For the nine months ended December 31, 2025, consolidated revenue reached ₹4,630.91 crores compared to ₹4,422.33 crores in the corresponding period last year, representing 5% growth. Net profit for 9MFY26 stood at ₹152.76 crores against ₹144.31 crores in the previous year, showing 6% improvement.

Equity Share Allotment

The board approved allotment of 8,179 equity shares of ₹2 each at a premium of ₹415 per share to Manish Agarwal (Non-Promoter) pursuant to conversion of equal number of convertible warrants. The total consideration received was ₹34,10,643.

Following this allotment, the company's paid-up capital increased from 17,04,82,543 equity shares aggregating to ₹34,09,65,086 to 17,04,90,722 equity shares aggregating to ₹34,09,81,444. After the current allotment, 70,04,533 warrants remain outstanding for conversion.

Senior Management Appointments

The board approved eight officials as Senior Management Personnel based on revised organizational hierarchy:

Earnings Call Recording Available

Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, Black Box Limited has made available the audio recording of the earnings call hosted on February 12, 2026, for Q3 & 9M FY26 unaudited financial results. The recording link has been shared with stock exchanges for dissemination to all stakeholders. Company Secretary & Compliance Officer Aditya Goswami communicated this information to BSE and NSE through official correspondence.

Exceptional Items Impact

The company reported exceptional expenses of ₹21.92 crores in Q3FY26, including ₹13.96 crores for severance expenses, ₹2.56 crores for lease foreclosure, and ₹5.55 crores impact from New Labour Codes implementation effective November 21, 2025.

Regulatory Compliance

The board meeting commenced at 7:45 PM and concluded at 10:25 PM on February 11, 2026. The financial results were prepared in accordance with Indian Accounting Standard 34 and reviewed by statutory auditors MSKA & Associates LLP.

Black Box Limited has notified the stock exchanges regarding a structural change in its statutory auditor firm. The company informed the Bombay Stock Exchange and National Stock Exchange of India through a formal communication dated January 16, 2026.

Auditor Firm Conversion Details

The company's statutory auditors, M S K A & Associates, Chartered Accountants, have converted their firm structure into a Limited Liability Partnership (LLP). The conversion was completed under the provisions of the Limited Liability Partnership Act, 2008.

Continuity of Audit Services

The firm will continue to function and discharge their obligations as statutory auditors of Black Box Limited for the remaining period of their appointment tenure. The conversion to LLP structure does not affect the ongoing audit engagement or the firm's responsibilities toward the company.

Regulatory Compliance

The intimation was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Aditya Goswami signed the notification, ensuring proper disclosure to all stakeholders.

Company Background

Black Box Limited operates from its registered office at Airoli Knowledge Park in Navi Mumbai. The company maintains its listing on both major Indian stock exchanges with scrip codes BSE: 500463 and NSE: BBOX.