Wednesday, 26 August 2026 MUMBAI EDITION LIVE

boAt Net Profit Jumps 38% to ₹84.5 Crore in FY26

boAt reports strong growth, wearables turn profitable, international revenue doubles

Mumbai Alert · Markets Desk
Mumbai Alert · Markets Desk
Markets Desk · Mumbai Alert News · Wed, 26 August 2026 at 11:50 am
boAt Net Profit Jumps 38% to ₹84.5 Crore in FY26

boAt, a leading consumer electronics brand, has reported a 38% growth in its profit after tax at ₹84.5 crore in the financial year 2025-26. The company's revenue from operations stood at ₹2,931 crore in FY26, with its wearables business turning profitable during the year.

The wearables segment recorded a profit of about ₹7 crore in FY26, compared to a loss of ₹54 crore in FY25. This significant turnaround is a testament to the company's efforts to strengthen its foundations and navigate a challenging external environment.

According to boAt CEO Gaurav Nayyar, the company closed the year with approximately ₹397 crore of cash reserves and zero bank debt. Nayyar stated that improvement is visible across the business, with newer categories beginning to emerge as meaningful growth and profit pools.

The company's 'other' segment, which includes categories such as charging solutions, cables, and gaming, saw its profit increase to ₹46 crore from ₹14 crore in the year-ago period. On the international front, the brand's revenue more than doubled to ₹45 crore, up from approximately ₹20 crore in FY25.

boAt's strong growth in FY26 can be attributed to its focus on strengthening its core business and expanding into new categories. The company is now shifting its focus from turnaround to growth, with plans to take its leadership in audio forward while building the next set of growth engines across international markets and new consumer-tech categories.

The Indian consumer electronics market has seen significant growth in recent years, driven by increasing demand for affordable and innovative products. boAt's success in this market is a testament to its ability to adapt to changing consumer preferences and stay ahead of the competition.

As the company looks to expand its presence in international markets, it will face stiff competition from established players. However, with its strong balance sheet and tighter operating discipline, boAt is well-positioned to take on this challenge and achieve its growth ambitions.

In the coming years, boAt plans to focus on building the next set of growth engines across new consumer-tech categories such as projectors, grooming, and charging solutions. With its leadership in audio and growing presence in wearables, the company is poised for significant growth and expansion.

The company's success in FY26 is a positive sign for the Indian consumer electronics industry, which is expected to continue growing in the coming years. As consumers increasingly look for affordable and innovative products, companies like boAt are well-positioned to capitalize on this trend and achieve significant growth.

In conclusion, boAt's strong growth in FY26 is a testament to its ability to adapt to changing consumer preferences and stay ahead of the competition. With its focus on strengthening its core business and expanding into new categories, the company is poised for significant growth and expansion in the coming years.

Frequently asked questions

What was boAt's net profit in FY26?

boAt's net profit in FY26 was ₹84.5 crore, a 38% growth from the previous year.

What is boAt's plan for future growth?

boAt plans to focus on building the next set of growth engines across new consumer-tech categories such as projectors, grooming, and charging solutions, while taking its leadership in audio forward.

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