Omnichannel eyewear giant Lenskart has delivered one of the most dramatic earnings turnarounds in India’s startup ecosystem this quarter. The company reported a staggering 70-fold jump in net profit year-on-year for Q3, clocking ₹133 crore compared to a modest profit in the same quarter last year.
The sharp surge in profitability signals not just improved cost discipline but also the maturity of India’s direct-to-consumer (D2C) retail playbook — one that Lenskart has helped define.
Revenue Growth Backed By Omnichannel Strategy
While profit grabbed the headlines, revenue growth remained steady and broad-based. The Gurugram-headquartered company saw healthy traction across both online and o
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