Our operating leverage is kicking in: Peyush Bansal after Lenskart’s 21% Q2 revenue rise

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Omnichannel eyewear retailer Lenskart, which listed on the bourses on November 10, has reported its first quarterly results as a public company, posting 21% year-on-year operating revenue growth to Rs 2,096 crore for the July–September period.
Improved operating performance helped net profit rise 20% to Rs 103 crore. Ebitda for the quarter came in at Rs 414 crore, up 44% from Rs 287 crore a year earlier.About 59% of Lenskart’s revenue came from its India operations, with the remainder from international markets including Singapore, Thailand,…



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Our operating leverage is kicking in: Peyush Bansal after Lenskart’s 21% Q2 revenue rise



Omnichannel eyewear retailer Lenskart, which listed on the bourses on November 10, has reported its first quarterly results as a public company, posting 21% year-on-year operating revenue growth to Rs 2,096 crore for the July–September period.
Improved operating performance helped net profit rise 20% to Rs 103 crore. Ebitda for the quarter came in at Rs 414 crore, up 44% from Rs 287 crore a year earlier.About 59% of Lenskart’s revenue came from its India operations, with the remainder from international markets including Singapore, Thailand,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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