D2C electronics brand boAt’s sales jumped over 2X to INR 2,872.9 Cr in FY22

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D2C electronics brand boAt’s sales jumped over 2X to INR 2,872.9 Cr in the financial year 2021-22 (FY22) from INR 1,313.8 Cr in FY21. Total revenue increased by 117.5% to INR 2,886.4 Cr, up from INR 1,320.3 Cr the previous fiscal year.

In FY22, audio products such as earphones and headphones continued to generate the most revenue for the startup. boAt’s revenue from audio product sales increased by 85.2% to INR 2,276 Cr from INR 1,228.5 Cr in FY21. Audio product sales accounted for nearly 80% of its operating revenue. Meanwhile, wearables like smart watches generated INR 515.5 Cr in revenue in FY22, an increase of 841% from INR 54.8 Cr the previous year.

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D2C electronics brand boAt’s sales jumped over 2X to INR 2,872.9 Cr in FY22

D2C electronics brand boAt’s sales jumped over 2X to INR 2,872.9 Cr in the financial year 2021-22 (FY22) from INR 1,313.8 Cr in FY21. Total revenue increased by 117.5% to INR 2,886.4 Cr, up from INR 1,320.3 Cr the previous fiscal year.

In FY22, audio products such as earphones and headphones continued to generate the most revenue for the startup. boAt’s revenue from audio product sales increased by 85.2% to INR 2,276 Cr from INR 1,228.5 Cr in FY21. Audio product sales accounted for nearly 80% of its operating revenue. Meanwhile, wearables like smart watches generated INR 515.5 Cr in revenue in FY22, an increase of 841% from INR 54.8 Cr the previous year.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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