Boat has released its financials for FY24

1. Revenue Trend: The revenue decreased by 7.7% in FY24, from ₹3,377 crores in FY23 to ₹3,118 crores.

2. Profitability: PAT (Profit After Tax) shows a negative trend, with a loss of ₹80 crores in FY24, though it has improved from a loss of ₹129 crores in FY23.

3. Asset and Equity Decline: Total assets fell by 20.8% in FY24, from ₹2,152 crores to ₹1,706 crores, indicating a reduction in the company’s resources. Total equity decreased by 13.2%, from ₹469 crores in FY23 to ₹407 crores in FY24, reflecting possible erosion of shareholder value.

4. Earnings Per Share (EPS) Performance: EPS remains negative at ₹-8 in FY24, but it shows improvement from ₹-13 in FY23, indicating a reduction in the company's losses per share.