IPO-bound Imagine Marketing Ltd, known for its consumer electronics brand boAt, returned to profitability after two years and posted a net profit of over ₹60 crore in FY25. The company, in a statement, said the turnaround was driven by product innovation and disciplined cost control.
“boAt posted a consolidated net profit of over ₹60 crore and EBITDA of over ₹142 crore in FY25, compared to a net loss of ₹79.7 crore in FY24. This turnaround followed a significant reduction in losses in FY24, where losses had dropped from ₹129.5 crore in FY23 to ₹79.7 crore in FY24,” the company said. It reported a consolidated revenue of ₹3,097.8 crore in FY25.
The company had filed for an Initial Public Offering in April through confidential pre-filing route. It received nod from SEBI for its IPO in late