{
  "id": 3480108,
  "title": "boAt’s FY26 Profit Rises 38% To ₹85 Cr, Wearables Segment Turns Profitable",
  "url": "https://urgent.news/2026/08/26/boats-fy26-profit-rises-38-to-85-cr-wearables-segment-turns-profitable",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-26T09:12:04.000Z",
  "source": {
    "name": "Inc42",
    "slug": "inc42",
    "url": "https://inc42.com/buzz/boats-fy26-profit-rises-38-to-%e2%82%b985-cr-wearables-segment-turns-profitable/"
  },
  "original_language": "en",
  "account": "Consumer electronics firm boAt reported a 38% increase in profit after tax (PAT) to ₹84.5 crore for the financial year ending March 2026 (FY26), up from ₹61.1 crore in FY25. Despite a 5% decline in operating revenue to ₹2,931 crore, boAt's profit before tax (PBT) rose 53% to ₹114.3 crore compared to ₹74.7 crore in FY25. CEO Gaurav Nayyar highlighted productivity gains in product quality, sourcing, channel management, and cost efficiency as key drivers of the profit growth. The finance cost decreased by 72% to ₹7.9 crore, and boAt repaid ₹60 crore of short-term borrowings, reducing its loans payable on demand to nil. The company ended FY26 with cash reserves of around ₹397 crore and no bank debt. Its inventory fell by 10% to ₹294 crore, while trade receivables remained steady at approximately ₹255 crore. Return on capital employed improved by 370 basis points to 15.2% in FY26, indicating enhanced capital efficiency. The wearables segment turned profitable, generating about ₹7 crore in FY26, up from a loss of approximately ₹54 crore in FY25. boAt's 'Other' segment, comprising charging solutions, cables, and gaming products, saw its segment profit triple to ₹46 crore, indicating emerging profitability in non-audio categories. CEO Gaurav Nayyar indicated a shift from turnaround to growth, aiming to build boAt into a broader consumer technology company under its 'boAt 2.0' strategy.",
  "summary": "Consumer electronics startup boAt’s profit after tax (PAT) increased 38% to ₹84.5 Cr in the financial year ended March 2026…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}