After solid Q2 show, Lenskart CEO Peyush Bansal says eyewear retailer will prioritise volume growth

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Volume growth is a priority for newly listed eyewear retailer rel=”dofollow” href=”https://economictimes.indiatimes.com/lenskart-solutions-ltd/stocks/companyid-2273847.cms” target=”_blank”>Lenskart, the company’s founder and chief executive Peyush Bansal said on Monday, after the company released its first quarterly results since going public. He noted that Lenskart‘s margins are being driven by factors such as vertical integration, an omnichannel model, reduced marketing expenses, and improved operating leverage.

“The operating leverage is coming from fundamental pillars of the business, including the Lenskart brand. It is not coming at the cost of growth,” Bansal told…



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After solid Q2 show, Lenskart CEO Peyush Bansal says eyewear retailer will prioritise volume growth



Volume growth is a priority for newly listed eyewear retailer rel=”dofollow” href=”https://economictimes.indiatimes.com/lenskart-solutions-ltd/stocks/companyid-2273847.cms” target=”_blank”>Lenskart, the company’s founder and chief executive Peyush Bansal said on Monday, after the company released its first quarterly results since going public. He noted that Lenskart‘s margins are being driven by factors such as vertical integration, an omnichannel model, reduced marketing expenses, and improved operating leverage.

“The operating leverage is coming from fundamental pillars of the business, including the Lenskart brand. It is not coming at the cost of growth,” Bansal told…



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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