boAt posted a consolidated revenue of Rs 3,097.8 crore for the financial year, supported by its strong market positioning in the audio segment, strategic growth in wearables, and growing traction in new business categories.
The company also reported an EBITDA of over Rs 142 crore in FY25, compared to a net loss of Rs 79.7 crore in FY24 and Rs 129.5 crore in FY23.
On a standalone basis, the company’s revenue stood at Rs 3,089.6 crore, with a net profit of Rs 64.2 crore, indicating the strength of its financial recovery.
During FY25, boAt reinforced its leadership in the personal audio category, registering strong double-digit growth. The company’s premium segment, Nirvana by boAt, contributed significantly to this growth, supported by a sharper software-led ecosystem approach that enhanced customer experience and business efficiency.
boAt launched over 100 new products during the year, including industry-first offerings like TWS with head-tracking technology and advanced Knowles drivers. The company also entered the connected consumer category with the introduction of ‘boAt TAG’, expanding its presence into smart experiences.Marketing efforts were bolstered by strategic campaigns with digital-first storytelling and partnerships with platforms such as Netflix and IPL team RCB, helping the brand connect deeper with younger consumers.In line with its “Make in India” vision, over 70% of boAt’s production volumes are now manufactured domestically. The company scaled its localisation efforts across PCBs, plastics, and other components to improve supply chain resilience. Working capital days were reduced from ~71 in March 2024 to ~36 in March 2025, further enhancing financial agility.
“This milestone of returning to profitability after two years reflects the resilience of our business model and the trust of millions of consumers who continue to choose boAt. Our ability to innovate, scale new categories, and adapt quickly to evolving consumer preferences has kept us ahead in a dynamic market. Looking ahead, our focus will remain on our product ecosystem, strengthening the ‘Make in India’ agenda, and delivering superior experiences that define the boAt lifestyle,” said Sameer Mehta, Co-founder and Executive Director of boAt.
Also read: FPIs ramp up bearish bets to record levels, see Indian stocks falling further
boAt has also made progress in international markets, gaining strong traction in GCC countries. With a diversified channel mix that spans e-commerce, offline retail, and exports, and a continued focus on innovation and profitability, boAt stated it is well-positioned for growth in FY26 and beyond.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)