BBOX

What Black Box promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 27 tracked 2 delivered 4 missed 21 open
  • FY26 EBITDA Margin delivered said Q3 FY25 Promised: 9% to 9.2% Q1 FY27: Promise concluded. Final result was achieved.
  • FY26 Revenue missed said Q3 FY25 Promised: INR 6,750 crore to INR 7,000 crore Q1 FY27: Promise concluded. Final result was a miss.
  • Overall Company Tax Rate revised down said Q4 FY26 Promised: 10% for next two years Q1 FY27: Guidance revised to 10-15% for FY27 and FY28.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 27 tracked commitments for Black Box — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens