<ul><li>Homegrown brand Boat reported a 5% decline in revenue for FY24, with a net loss reduction of 48% to Rs 70.8 crore.</li><li>Boat's revenue decreased from Rs 3,284.7 crore in FY23 to Rs 3,121.6 crore in FY24.</li><li>The company noted a flat audio business and decline in headphone and speaker segments in the second half of FY24.</li><li>Boat aims for improved Ebitda and profit margins in FY25, focusing on cost optimization and reduction of expenses.</li></ul>

Boat reports 5% revenue decline in FY24, net loss halves

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