SynopsisThe Gurugram-based company’s net profit jumped 3.7 times during the quarter to Rs 228 crore, as operating leverage kicked in across the business even as it faced cost pressures from its dependence on Chinese frame imports.Omnichannel eyewear retailer Lenskart posted a 43% year-on-year (YoY) growth in operating revenue for the April-June period, at Rs 2,714 crore, driven by volume expansion in its Indian business, premiumisation, and an upturn in its international business, aided by favourable forex movements.The Gurugram-based company’s net profit jumped 3.7 times during the quarter to Rs 228 crore, as operating leverage kicked in across the business even as itNow Playing
Lenskart posts steady growth in Q1 revenue, profit as operating leverage kicks in - The Economic Times
The Gurugram-based company’s net profit jumped 3.7 times during the quarter to Rs 228 crore, as operating leverage kicked in across the business even as it faced cost pressures from its dependence on Chinese frame imports.
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