boAt returns to profitability after 2 years; posts ₹60 cr profit in FY25

Yeni Delhi, October 6 (PTI) on Monday on Monday, the parent company’s parent company Imagine Marketing. La60 Crore after reporting losses in the last two years.

This has turned a significant return from a clear loss La79.7 Crore in FY24 and La129.5 Crore in FY23.

“The return category leadership was directed by product innovation and disciplined cost control,” IPO said in a statement. He said.

The group -based company reported a consolidated income. La3,097.8 Crore, supported by continuous market domination in sound, strategic growth in wearable devices and strong traction in new businesses.

Independently, the company’s 25 financial income La3,089.6 Crore with Net Snow La64.2 Crore.

“With a deep understanding of cost discipline, innovation and consumer needs, we have not only returned to profitability, but also we have laid the basis for long -term sustainable growth. We are building a new categories from strengthening our leadership to new categories and the future.” He said.

In FY25, Boat strengthened its leadership in the audio category, and a strong double -digit share in India’s personal sound segment continued. Premium range ‘Nirvana by Boat contributed to this growth. The company also diversified its portfolio and expanded its new growth segments with more than 100 new products initiated throughout the year.

In addition to domestic growth, the boat continuously expanded its international footprint and gained strong traction in GCC markets.

The boat is reported to upload draft papers files with sebı in April La2,000 Crore with the public problem. In late August to swim the public issue, he took his head.

The company presented draft documents using a secret way to prevent the explanation of the details in accordance with the draft red herring garden prospectus until later stages.