Lenskart quarterly profit surges sevenfold on strong demand for prescription eyewear
Lenskart reported a sevenfold profit jump as prescription eyewear demand outpaced costs. Revenue rose nearly forty percent across its global retail markets.
Insights:
Lenskart Solutions has posted a nearly sevenfold increase in its consolidated net profit for the third quarter ended December 31, as the company benefited from surging demand for prescription eyeglasses. The results, which show that revenue rose 38.8% during the period, have materially improved the reported earnings of the firm, which is currently recognized as the largest eyewear retailer in India 
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