boAT crosses 5 crore ‘Made in India’ products mark

Quick Summary:

The personal audio device maker focuses on localising its manufacturing capacity and research and development capacities within the country.

The company posted its best-ever revenue of Rs 3,377 crore during the fiscal year ending March 2023.boAT has been profitable for eight years since inception, and posted a loss of Rs 129.4 crore in FY23 due to growing business development and advertising costs.

Under these efforts, it established a dedicated innovation centre in India.

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Article Details

Author / Journalist: Akshita Toshniwal

Category: StartupsEconomyBusiness

Markets: India

Topics: Personal Boat Company Information Google Terms Products Policy Privacy Efforts Crore

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-12 @ 07:49:10 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 220 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 22028429

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Official Website: yourstory.com

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