Consumer electronics brand boAt has posted a strong turnaround in FY25, returning to profitability with a consolidated net profit of ₹64.2 crore and EBITDA of ₹142 crore, compared to a net loss of ₹79.7 crore in FY24. Its parent company, Imagine Marketing Limited, reported revenue of ₹3,097.8 crore, driven by robust performance in audio products, strategic growth in wearables, and expansion into new business segments. On a standalone basis, boAt recorded revenue of ₹3,089.6 crore.
Commenting on the results, Gaurav Nayyar, CEO of boAt, said, “FY25 marks a pivotal turning point. Through cost discipline, innovation, and a deep understanding of consumer needs, we have returned to profitability and built a foundation for long-term sustainable growth.” Sameer Mehta, Co-founder and Executive Director, added, “This milestone reflects the resilience of our business model and the trust of millions of consumers who continue to choose boAt.”
The company has also filed its Draft Red Herring Prospectus (DRHP) with SEBI via the confidential route, planning to raise ₹900 crore through a fresh issue and ₹1,100 crore through an offer for sale (OFS) by existing shareholders. This marks boAt’s second attempt at going public after withdrawing its 2022 IPO amid market volatility.
Founded in 2013 and launching its flagship brand in 2014, boAt has grown into one of India’s leading consumer electronics companies, known for its innovative audio products, wearables, and lifestyle devices, with a strong focus on affordability and design.
