The shares of omnichannel eyewear retailer Lenskart rose 2% to Rs 496.75 during Thursday’s trading session after reporting a 9% year-on-year decline in consolidated net profit to Rs 200 crore for the fourth quarter, compared with Rs 219 crore in the corresponding period last year.
Despite the drop in profit, the company posted strong operational growth, with revenue from operations rising 46% YoY to Rs 2,516 crore.