Black Box Ltd News
IT firm Black Box targets 15% annual growth, aims for $2 bn revenue by FY29
IT company Black Box expects 15 per cent year-on-year growth for the next four years as it eyes to cross the USD 2 billion revenue mark by fiscal year 2029, a senior company official said. Black Box President and CEO Sanjeev Verma told PTI that the company expects that its planned acquisition may add up to USD 750 million in incremental revenues. "With a quarterly order book averaging USD 500 million, the company anticipates closing the fiscal year with a backlog 30-40 per cent higher than last year, providing strong forward visibility," Verma said. The company had posted revenue of Rs 1,387 crore, about USD 160 million, in the first quarter ended June 30, 2025. "For FY'26, we are guiding revenues in the range of Rs 6,750-7,000 crore. This outlook reflects the momentum in our core business and the steps we are taking to build a stronger foundation for sustained growth," Verma said. The BSE-listed digital infrastructure solutions provider and part of the Essar Group has unveiled an
 "IT firm Black Box targets 15% annual growth, aims for $2 bn revenue by FY29")
Black Box eyes $700 mn additional revenues via acquisitions in 3-4 years
The Essar group company is setting up a dedicated mergers and acquisitions (M&A) team to identify targets so that it can expand digital infrastructure capabilities and geographic reach
Black Box shares hit 5% upper circuit on partnering with Wind River
The demand on the counter came after the company announced a global strategic partnership with Wind River, an Aptiv company
 "Black Box shares hit 5% upper circuit on partnering with Wind River")
