logo
#

Latest news with #SanjeevVerma

Black Box Q4 PAT surges 48 per cent
Black Box Q4 PAT surges 48 per cent

United News of India

time27-05-2025

  • Business
  • United News of India

Black Box Q4 PAT surges 48 per cent

Mumbai, May 27 (UNI) Black Box Limited, Essar Group's technology arm and a global provider of digital infrastructure solutions, on Tuesday reported robust financial performance for the quarter and financial year ended March 31, 2025, driven by improved margins, strong order inflows, and operational efficiencies. The Company reported a consolidated Profit After Tax (PAT) of ₹60 crore for Q4 FY25, registering a 48 per cent year-on-year (YoY) growth, while EBITDA rose 21 per cent YoY to ₹147 crore. Revenue for the quarter stood at ₹1,545 crore, up 4 per cent YoY. For the full year FY25, the Company's PAT surged 49 per cent YoY to ₹205 crore, with EBITDA rising 24 per cent to ₹531 crore. Despite a 5 per cent decline in revenue to ₹5,967 crore, the Company expanded its EBITDA margin by 210 basis points to 8.9 per cent, reflecting improved operating discipline and strategic exit from low-margin engagements. PAT margin improved to 3.4 per cent from 2.2 per cent in FY24. The Board has recommended a final dividend of 50 per cent (₹1 per share on face value of ₹2), subject to shareholders' approval. Black Box also announced that *CRISIL Ratings* had upgraded its long-term credit rating to **BBB+/Stable**, acknowledging the company's consistent financial performance and strengthened balance sheet. During Q4 FY25, Black Box secured over ₹1,550 crore in new business, more than double the average quarterly run-rate. Key wins included a ₹240 crore digital transformation project with a leading US hospital network, over ₹225 crore in data centre deals with global hyperscalers, ₹130 crore in airport modernisation, and contracts in education and consumer electronics sectors. The consolidated order backlog stood at $504 million as of March 31, 2025, covering approximately two-thirds of the Company's projected FY26 revenues. Reinforcing its India growth strategy, Black Box committed ₹100 crore towards expanding domestic operations and enhancing its Bengaluru Centre of Excellence. The Company secured ₹180 crore in Indian contracts during the year, focused on telecom and municipal infrastructure. Sanjeev Verma, Whole Time Director, said: "Our disciplined execution and sharper market focus have yielded consistent profitability and order momentum. We are strategically aligned to capitalise on the digital and AI-driven transformation sweeping across industries." Deepak Kumar Bansal, Executive Director and Global CFO, added: "FY25 reflects our progress on capital efficiency and margin improvement. With a strong ROE, expanding pipeline, and robust cash position, we are optimistic about achieving our FY26 guidance." UNI BDN GNK 1837

Blackbox Q4FY25 net profit rises 47.8% to ₹60.47 crore on deal wins
Blackbox Q4FY25 net profit rises 47.8% to ₹60.47 crore on deal wins

Business Standard

time27-05-2025

  • Business
  • Business Standard

Blackbox Q4FY25 net profit rises 47.8% to ₹60.47 crore on deal wins

Digital infrastructure company Blackbox reported a 47.8 per cent increase in its consolidated net profit for the January–March quarter of 2024–25. The technology arm of Essar posted a consolidated net profit of ₹60.47 crore. Revenue from operations for Q4FY25 was up 4.3 per cent at ₹1,544.58 crore. Expenses for the quarter also rose 3.6 per cent to ₹1,476.50 crore. Ebitda margin for the quarter under review stood at 9.5 per cent, up 130 basis points. 'Our strategic focus on high-value customer segments and operational rigour has led to a meaningful expansion in both order book and profitability,' said Sanjeev Verma, Whole-time Director, Blackbox. In Q4FY25, the company reported new deal wins worth over ₹1,550 crore. Notable among these were a ₹240 crore digital modernisation contract with a major US hospital network and data centre service deals exceeding ₹225 crore for global hyperscalers. As part of its India growth strategy, Blackbox has committed ₹100 crore to expand its domestic business and enhance its Bengaluru Centre of Excellence, the company said. For the full year ended March 2025, the company reported a net profit of ₹204.78 crore, up 48.74 per cent compared with the corresponding previous year. Revenue was recorded at ₹5,966.91 crore, down 5 per cent, due to delayed customer decision-making and a strategic exit from low-margin accounts, the company said. Shares of the company closed at ₹477.30, down 0.55 per cent, while the benchmark Sensex declined 0.76 per cent to 81,551.63 points.

Black Box Strengthens Australian Presence. Launches Security Operations Center, and Data Networking Lab in Sydney
Black Box Strengthens Australian Presence. Launches Security Operations Center, and Data Networking Lab in Sydney

Yahoo

time12-05-2025

  • Business
  • Yahoo

Black Box Strengthens Australian Presence. Launches Security Operations Center, and Data Networking Lab in Sydney

MUMBAI, India and SYDNEY, May 13, 2025 /PRNewswire/ -- Black Box Limited (BSE: 500463) (NSE: BBOX), a leading digital infrastructure solution provider, today announced the expansion of its operations in Australia with the launch of a new facility in Sydney. This strategic move underscores Black Box's commitment to providing world-class, customer-centric technology solutions that combine global expertise with tailored local execution. At the core of the expansion is the establishment of a state-of-the-art Security Operations Center (SOC) and an advanced Data Networking Lab. These facilities are purpose-built to meet the growing demand for robust cybersecurity and high-performance networking solutions among Australian enterprises. The new SOC will offer 24/7 threat monitoring, AI-driven risk mitigation, and real-time incident response, enabling organizations to proactively protect their digital environments. Complementing this, the Data Networking Lab will accelerate the deployment of next-generation technologies such as Wi-Fi 6E, AI-powered automation, and Software-Defined Networking (SDN)—empowering businesses to modernize, optimize, and future-proof their IT infrastructure. "Our expansion is fundamentally about serving our customers better," said Mr. Sanjeev Verma, President & CEO, Black Box. "We're not just opening a new office—we're creating a dedicated innovation hub that will transform how Australian enterprises approach digital security and network modernization." This investment represents a significant milestone in Black Box's global growth strategy and reinforces its vision of enabling secure, intelligent, and scalable digital transformation for enterprises worldwide. As Australia's digital economy continues to evolve rapidly, Black Box is committed to playing a leading role in helping organizations strengthen resilience, agility, and competitiveness in an increasingly complex technology landscape. About Black Box Black Box is a global digital infrastructure integrator specializing in network integration, cybersecurity, digital connectivity, and data center services. With 4,000 professionals worldwide, the company supports businesses across the United States, Europe, Asia Pacific, the Middle East, and Latin America, helping them accelerate digital transformation, fortify cybersecurity, and optimize operations. At the core of its solutions is cybersecurity expertise, offering AI-driven threat detection, proactive risk mitigation, and 24/7 security operations to defend enterprises against evolving cyber threats. Partnering with industry leaders, Black Box delivers secure, scalable, and industry-specific technology solutions. By blending cutting-edge security with innovation, the company empowers businesses to build resilient digital ecosystems that drive growth and agility in an increasingly complex threat landscape. For more information, visit View original content: SOURCE Black Box Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

India mock drill live updates: Drills to be conducted at 4 pm at most locations
India mock drill live updates: Drills to be conducted at 4 pm at most locations

Hindustan Times

time07-05-2025

  • Politics
  • Hindustan Times

India mock drill live updates: Drills to be conducted at 4 pm at most locations

By Nikita Sharma Mock drills live updates: Security personnel along with Delhi Police doing a security check in New Delhi on Tuesday ahead of Wednesday's planned security mock drills. (Photo by Sanjeev Verma/ Hindustan Times) India mock drill live updates: To review India's emergency response preparedness amid escalating tensions with Pakistan, full-scale civil defence mock drills are to be conducted across the country on Wednesday. The Ministry of Home Affairs had directed all the states and union territories on Monday to conduct the drills to check whether they're prepared against "new and complex threats". ...Read More The direction on Monday came as India prepared to strike terror posts in Pakistan along the Line of Control (LOC) on the intervening night of Tuesday-Wednesday under Operation Sindoor. The strikes came as a sharp response to the terror attack in Kashmir's Pahalgam on April 22 that killed 26 people, mostly terrorists. Under Operation Sindoor, which caught Pakistan unawares, the Indian armed forces launched 'focused strikes' on nine terrorist sites in Pakistan and Pakistan-occupied Kashmir (PoK). Now amid the anticipation of further escalating tensions, it becomes even more crucial to review India's civil defence preparedness. Such high-scale mock drills are perhaps being conducted since 1971 across India. Districts across the country have begun preparations for the mock drills. While the mock drills in identified locations across India are likely to start at 4 pm, the timings may vary in different districts. As per the government, the mock drills will involve air raid sirens going off, wartime blackout simulations, activation of emergency control rooms, evacuation rehearsals, and coordination with the Indian Air Force. Civil defence mock drills today | Key points Among the most vulnerable spots are metro cities such as Delhi, Chennai, Mumbai and Kolkata, along with cities that house vital installations such as nuclear facilities and refineries or are on the border. Students, government and private employees, healthcare staff, railway and metro officials, along with several security forces are expected to participate and conduct the mock drills around the country with local authorities The mock drills, however, will not hamper transport services as metros, trains, buses, and flights may fly as scheduled. A list of do's and don'ts has been issued by the Delhi Government for 'Operation Abhyaas' at 55 locations across the national capital. Follow all the updates here: May 7, 2025 9:13 AM IST Follwing Home Ministry's orders, a comprehensive civil defence mock drill will be conducted across all districts of Tripura on May 7. The District Disaster Management Authorities (DDMAs), in collaboration with the District Civil Defence Corps, will spearhead the exercise, ensuring active involvement from various emergency and disaster response agencies. The drill aims to evaluate the readiness, efficiency, and coordination among civil defence units and allied departments in managing potential hostile attacks and emergencies. (PTI) May 7, 2025 9:11 AM IST In Karnataka, mock drills will be conducted in Bengaluru, Karwar, and Raichur, said a PTI report. According to officials, the first mock drill will be held on the premises of the Director General, Civil Defence in Bengaluru at 4 pm, on Wednesday, while in other designated areas in the state it will be held on subsequent days decided during the week, aimed at identifying and addressing gaps in preparedness and resources. May 7, 2025 9:10 AM IST After the order of the Home Ministry, a civil defence mock drill will be conducted at 16 locations across 10 districts in Maharashtra on Wednesday, said officials on Tuesday. More than 10,000 volunteers of civil defence, National Cadet Corps (NCC) cadets and Home Guard volunteers will participate in the mock drill, which is part of a large-scale nationwide preparedness exercise, a senior official of Civil Defence told PTI.

Civil defence drill: Hospitals to prepare for patient influx
Civil defence drill: Hospitals to prepare for patient influx

Hindustan Times

time07-05-2025

  • Health
  • Hindustan Times

Civil defence drill: Hospitals to prepare for patient influx

Government and private hospitals across the Capital are gearing up to participate in a large-scale security drill on Wednesday, aimed at testing the preparedness of Delhi's healthcare system against 'new and complex threats', officials said. Police and security personnel in central Delhi on Tuesday ahead of the drill. (Sanjeev Verma/HT Photo) The exercise, termed the 'Mega Civil Defence Mock Drill', will train staff at hospitals and health centres to handle emergencies such as a sudden spike in patient inflow or mass casualty scenarios. While some state-run hospitals have not received direct orders from the health ministry, they are proceeding with the drill as a precaution. 'We've had no formal communication from the ministry, but we are going ahead with the awareness drill as a preparedness measure,' said an official from Lok Nayak Hospital, requesting anonymity. A circular issued by Lok Nayak said the drill will raise awareness about air raid sirens, crash blackout measures, evacuation plans, and civil defence training for staff and students. A sensitisation session is scheduled at 12 noon in the Disaster Ward of the Casualty Department. Other government hospitals including Babu Jag Jivan Hospital, DDU Hospital, Charak Palika Hospital, the government hospital in Burari, and ESIC Hospital will also hold mock drills at 4pm. Several private hospitals — including Fortis, Apollo, Wellness Home Clinic, and Sleep Centre in Paschim Vihar — have confirmed their participation. 'All doctors and staff are being trained to respond swiftly during high patient inflow. Even smaller facilities like ours must be ready,' said Dr Vikas Mittal, director, Wellness Home Clinic and Sleep Centre. At PSRI Hospital, a 'Code Yellow' drill will simulate an external disaster scenario involving patients from other hospitals or mass casualty sites. 'All patients will be treated as critically ill, requiring urgent care,' said Dr Anju Wali, medical director at the hospital.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store