Lenskart's Q3 profit soars 74X on improved margins; revenue jumps 38%

Lenskart’s revenue rose 38% YoY to Rs 2,308 crore in the December quarter, with a 74-fold jump in net profit to Rs 133 crore. The company said improving operating leverage helped each additional rupee of revenue contribute more to profit. Total expenses grew 28%, while EBITDA expanded 90%.