Aman Gupta’s boAt Sold Products Worth INR 3,376 Cr In FY23

Audio products and smartwatch maker boAt’s sales crossed the INR 3,000 Cr mark in the financial year ended March 31, 2023. The Delhi NCR-based startup’s operating revenue rose 18% to INR 3,376.7 Cr in the financial year 2022-23 (FY23) from INR 2,873 Cr in the previous fiscal year. The startup’s EBITDA margin deteriorated to -1.6% in FY23.