Lenskart Q2 profit: Net rises 20% in first post-IPO quarter; expansion plan targets 450+ new stores
Lenskart Q2 profit: Net rises 20% in first post-IPO quarter; expansion plan targets 450+ new stores
Eyewear retailer Lenskart reported a robust first quarter as a public company, with operating revenue climbing 21% to Rs 2,096 crore and net profit increasing 20% to Rs 103 crore. The company attributes its improved profitability to investments in technology, supply chain, and an omnichannel model, with plans to open over 450 new stores in India this fiscal year.
Eyewear retailer Lenskart reported a robust first quarter as a public company, with operating revenue climbing 21% to Rs 2,096 crore and net profit increasing 20% to Rs 103 crore. The company attributes its improved profitability to investments in technology, supply chain, and an omnichannel model, with plans to open over 450 new stores in India this fiscal year.
Eyewear retailer Lenskart reported a robust first quarter as a public company, with operating revenue climbing 21% to Rs 2,096 crore and net profit increasing 20% to Rs 103 crore. The company attributes its improved profitability to investments in technology, supply chain, and an omnichannel model, with plans to open over 450 new stores in India this fiscal year. 
