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BOULT PROFIT GROWTH
IPO-bound Boat turns around, posts Rs 60 crore profitIPO-bound Boat posted a net profit of over Rs 60 crore in FY25, a significant turnaround from last year's loss, driven by product innovatio...- Boult eyes 4x profit in FY26, rebrands to GoBoult for premium pushBoult expects a fourfold rise in net profit and 40% revenue growth in FY26, driven by premiumisation and rebranding to GoBoult. It aims to ...
- Boult rebrands as GOBOULT to position itself as premium player before public listingHearable and wearable device maker Boult has rebranded itself as GOBOULT as it looks to move toward premium products before going for publi...
- Paytm's maiden profit; Eternal's Rs 3 lakh crore m-capPaytm recorded its first quarterly profit in the April-June quarter. This and more in today's ETtech Top 5.
- Wearables brand Noise raises $20 million from Bose CorpThis is the second round of funding for the company. Earlier in 2023, US-based audio equipment major Bose had invested $10 million in the G...
- Smartwatch shipments plunged 30% in 2024: ReportThe steep decline was blamed on a slower replacement cycle due to limited innovation in lower-price segments, poor sensor accuracy, unclear...
- Amid wearable device slump, companies target repeat customersWearables companies like Noise and Boult are banking on repeat customers and premium products to revive growth amidst a market slowdown. No...
- New-age companies seek growth areas as urban consumption slump gripsThe slump has exposed pain points for multiple new-age beauty brands. Mamaearth posted a loss in its second quarter, even as its stock hit ...
- Wearables brand Noise posts loss in FY24, revenue growth flat amid slump in sectorGurugram-based Noise, a wearables brand, reported a net loss of Rs 20 crore in the year ended March, compared to net profit of Rs 88 lakh i...
- Alarm bells at wearables companies as slump extends to this fiscalIndia’s wearables market has been on a downturn for over a year, affecting major brands like Boat and Boult. Boat reported a 5% revenue dro...
- Winners of The ET Startup Awards 2024 to be feted today, and other top stories this weekIt’s D-day! Top entrepreneurs, policymakers, and investors will come together in Bengaluru today to honour the stars of Indian entrepreneur...
- ETSA 2024 | ‘Bootstrap Champ’ Boult is marching to beat of its own drumBoult, a brand known for wearables and electronic devices, prioritizes profitability over market share. Founded by brothers Varun and Tarun...
- ET Startup Awards 2024: Lenskart bags top honours, a look at the winnersA high-powered jury led by Infosys cofounder and chairman Nandan Nilekani picked eight winners from a shortlist of 41 contenders after deli...
- The Economic Times Startup Awards 2024: And the big winners are…Top entrepreneurs, business leaders and an international cricketer came together in Bengaluru on September 11 to pick the winners of The Ec...
- ET Startup Awards 2024: Lenskart gets 10/10, bags top honoursThe award recognised Lenskart’s success in building a fast-growing, large-scale, omnichannel consumer retail venture while creating an enti...
- Smartwatch companies turn to premium buyers looking for upgradeLeading smartwatch brands like Noise, Boult, and Boat are targeting repeat buyers with premium hardware to increase average selling prices ...
- Sales of Indian wearables & hearables brands have jumped over three times in last three fiscalsWearables and hearables are the only electronic categories in India dominated by home grown brands who together have 65-70% market share ev...
- Bose picks up minority stake in Noise; Udaan fires over 100 employeesIn what could potentially strengthen homegrown audio accessories and wearables brand Noise’s foothold in a tightly contested segment, the c...
- Indian smartwatch brands turn to price cuts to gain market shareThe price war between smartwatch makers is most evident in the lower end of the market, which is where most companies have been launching m...
- D2C brands see orders surge over 40%, improved their prepaid share by 400-1000 basis points - GoKwikAbout half a dozen consumer brands including Neeman, Fablestreet and Boult Audio have seen their orders surge 40-160% after partnering e-co...
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