1 week ago
boAt FY26 Profit Rises 38% as Wearables Turn Profitable
boAt sells electronics such as audio products and wearables.
In FY26, it earned ₹84.5 crore in profit.
This was 38% more than the previous year.
The company made ₹2,931 crore from its operations.
Its wearables business changed from losing money to making about ₹7 crore.
Other products, including chargers, cables and gaming devices, also made more profit.
boAt had about ₹397 crore in cash and no bank debt at the end of the year.
The company plans to grow internationally and develop products such as projectors, grooming devices and charging solutions.
boAt’s profit after tax increased 38% to ₹84.5 crore in FY26 from ₹61.1 crore.
Revenue from operations reached ₹2,931 crore during the financial year.
The wearables segment became profitable, earning about ₹7 crore after a ₹54 crore loss in FY25.
Profit from the other segment, including charging solutions, cables and gaming, rose to ₹46 crore from ₹14 crore.
International revenue more than doubled to ₹45 crore, while boAt ended FY26 with about ₹397 crore in cash and no bank debt.
- Who
- boAt, owned by Imagine Marketing Limited, and its CEO Gaurav Nayyar.
- What
- boAt reported a 38% increase in FY26 profit after tax to ₹84.5 crore, with improved results in wearables, other product categories and international operations.
- Where
- New Delhi; the results concern boAt’s business operations.
- When
- The results were reported on August 26 for the financial year 2025-26.
- Why
- boAt attributed its stronger position to improved operating discipline, a healthy core business and better performance across its businesses while facing a challenging external environment.
Key facts
- FY26 profit after tax
- ₹84.5 crore
- Profit growth
- 38% year-on-year
- FY25 profit after tax
- ₹61.1 crore
- FY26 revenue from operations
- ₹2,931 crore
- Wearables result
- About ₹7 crore profit in FY26, compared with a ₹54 crore loss in FY25
- Other-segment profit
- ₹46 crore in FY26, up from ₹14 crore in the previous year
- Financial position
- Approximately ₹397 crore in cash reserves and zero bank debt
- International revenue
- ₹45 crore in FY26, more than double approximately ₹20 crore in FY25
Quotes
Gaurav Nayyar
CEO of boAt
“Our focus now shifts from turnaround to growth. With a stronger balance sheet, tighter operating discipline and a healthy core business, we are getting ready for boAt 2.0 — taking our leadership in audio forward while building the next set of growth engines across international markets and new consumer-tech categories such as projectors, grooming and charging solutions.”
freepressjournal.in
“FY26 was about strengthening the foundations of boAt while navigating a challenging external environment... We closed the year with approximately Rs 397 crore of cash reserves and zero bank debt... improvement is visible across the business...newer categories are beginning to emerge as meaningful growth and profit pools.”
freepressjournal.in
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