Boult eyes Rs 1,000 cr in revenue
image for illustrative purpose
New Delhi: Homegrown wearable brand Boult has clocked a turnover of Rs 750 crore in FY24 and audio products accounted for 75 per cent of its revenue, the company’s co-founder Varun Gupta said on Friday.
In the past quarter, “we've experienced significant momentum,” Gupta told IANS.
“We are setting ambitious revenue goals, aiming for a target of over Rs 1,000 crore in the coming fiscal year,” he added.
The company executive said that the journey has been characterised by bootstrapped growth and profitability from day one.
Within just two years of inception, the company grew its customer base to over 1 million users.
After seven years, it has a customer base of more than 25 million.
“Within seven years, we have achieved more than 11 per cent market share among our competitors,” said Gupta.
