boAt reports 38% profit growth to Rs 84.5 crore in FY26, wearables drive success

Peripherals firm boAt reported a 38% profit increase for fiscal year 2025-26. Higher demand for wearables significantly boosted the company's financial performance. Profit from peripherals also rose substantially, contributing to overall growth. The company ended the year with strong cash reserves and no bank debt. boAt's parent company, Imagine Marketing, has received approval for an upcoming initial public offering.