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IPO-bound Boat faces rising attrition on road to listing

IPO-bound consumer electronics maker Boat reported an attrition rate of 34% among its full-time employees for the financial year ended March 31, a rise from 28% in the previous year. The company’s attrition has been on the rise since FY23, with 107 employees leaving that year, followed by 132 in FY24 and 161 in FY25. […]

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