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Results · Commerce & Consumer Brands

GoBoult Audio reports Rs 763 crore revenue and Rs 24 crore profit in FY25

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Date
Company
GoBoult Audio
What it does
wireless audio devices
Kind
Results
Amount
₹24 crore
Founded
2017
Sector
Commerce & Consumer Brands

What they do

GoBoult Audio designs and sells wireless earbuds, headphones, smartwatches, and speakers

What happened

In FY25, the company reported revenue of Rs 763 crore and a net profit of Rs 24 crore

Why it matters

Despite slower growth compared to earlier years, GoBoult improved profitability through cost control

The details

  • GoBoult Audio reported revenue of Rs 763 crore in FY25, up 10% from Rs 697 crore in FY24.
  • The company’s net profit jumped to Rs 24 crore in FY25 from Rs 2.5 crore in FY24.
  • Material expenses, which are entirely import-dependent, declined 2.7% to Rs 391 crore in FY25.
  • Employee benefit expenses increased 29.6% to Rs 35 crore in FY25.
  • Advertising and promotional expenses rose 9.3% to Rs 177 crore in FY25.
  • GoBoult’s EBITDA margin stood at 6.6% in FY25.
  • The company’s total expenditure was Rs 731 crore in FY25.

The bigger picture

  • GoBoult Audio’s performance contrasts with other wearables companies like boAt and Noise, which reported flat or declining revenue.
  • The wearables market in India has moved beyond its hyper-growth phase, and companies are now focusing on profitability.
  • GoBoult’s disciplined cost management helped improve its profitability despite slower revenue growth.
  • The company has remained unfunded so far, unlike many venture-backed rivals in the sector.

About the business

  • GoBoult Audio designs and sells wireless earbuds, headphones, smartwatches, and speakers.
  • The company’s revenue comes entirely from the sale of these products.
  • Material expenses, which are entirely import-dependent, are the biggest component of its costs.
  • GoBoult’s cost management strategies have helped improve its profitability.
  • The company has not raised external funding so far.

The deal

Type
results

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