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Boba Bhai Reports 145% Revenue Jump to ₹70 Crore in FY26 as Net Loss Reaches ₹12.5 Crore

Radhika M.

Bubble tea and Korean food startup Boba Bhai grew its net revenue by 145% to approximately ₹70 crore in FY26.

The brand's net losses widened by 32% to ₹12.5 crore, up from ₹9.5 crore in FY25, reflecting heavy infrastructure and retail deployment costs.

The three-year-old startup is targeting an aggressive 200% to 250% top-line revenue growth for the fiscal year 2027.

The financial model proves that niche international culinary trends can achieve mass-market commercial scale when backed by a structured QSR framework.

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