Lenskart’s FY24 Loss Declines 84% To INR 10 Cr

Lenskart’s FY24 Loss Declines 84% To INR 10 Cr

Peyush Bansal-led Lenskart’s operating revenue breached the INR 5,000 Cr mark in the financial year ended March 31, 2024. The eyewear company’s sales jumped 43% to INR 5,427.7 Cr during the year under review from INR 3,788 Cr in FY23.  The company primarily generates revenue by selling spectacles and eye lens. It generated INR 5,166.2 Cr from this, up 43% from INR 3,609.8 Cr in FY23. It also earned INR 104.5 Cr from lens fitting and membership p…

Lenskart Revenue Soars: 43.3% Increase in FY24 Earnings

Lenskart is an internet-first brand offering eyewear for women, kids, and men. The platform offering eyewear announced a 43.3 percent increase in its operational revenue to Rs 5,427.7 crore in FY24. The startup provides affordable eyewear to solve the eye-related problems of its customers. These product sales and services are the company’s primary source of revenue. The startup also offers an online platform to match a perfect frame to the cust…