Stories

Representative image
M
Moneycontrol•19-10-2026, 12:56
boAt Overseas Revenue More Than Doubles in FY26 With Expansion into Sri Lanka and Bhutan
  • •Consumer electronics brand boAt reported that its overseas revenue more than doubled in FY26 as part of its international growth strategy.
  • •The company has expanded its footprint into Sri Lanka and Bhutan, offering personal audio, smartwatches, and charging solutions.
  • •The international expansion is a core pillar of the boAt 2.0 strategy aimed at reducing dependence on the Indian market and building a global lifestyle-tech brand.
  • •CEO Gaurav Nayyar emphasized that the company focuses on understanding local consumer preferences and category opportunities in each new geography.
  • •Alongside geographical growth, boAt's wearables business turned profitable in FY26, and the company continues to invest in innovation through its in-house R&D center, boAt Labs.

Key Questions Answered

In FY26, consumer electronics brand boAt expanded its international footprint by entering Sri Lanka and Bhutan.

BoAt reported a 38 percent growth in its profit after tax, reaching Rs 84.5 crore in FY26 compared to Rs 61.1 crore in the previous fiscal year.

The wearables business turned profitable during FY26, recording a profit of about Rs 7 crore after suffering a loss of Rs 54 crore in FY25.