8 334
Fashion Jobs
BENCHMARK SERVICES
Area Sales Manager - Sme Lap With Top Nbfc Company
Permanent · AHMEDABAD
GENIUS CONSULTANTS
Opening For Territory Sales Manager OR Area Business Manager
Permanent · NASHIK
TALISMAN HR SOLUTIONS
Area Sales Manager (Transportation & Logistics Company)
Permanent · AHMEDABAD
AUXIN RECRUITMENT CONSULTANTS
Area Sales Manager | Lap | Hyderabad
Permanent · HYDERABAD
BERGER PAINTS
Area Sales Manager Wood Coating
Permanent · ROHTAK
360 REALTORS
Hiring -Team Leader/ Sales Manager / Relationship Manager| Pune
Permanent · PUNE
LEVI'S
Senior Supply Planner
Permanent · BENGALURU
ADIDAS
Manager -Tech Infrastructure
Permanent · CHENNAI
ADIDAS
Senior Specialist - Finance Operations FP&A
Permanent · CHENNAI
ADIDAS
sr. Manager Merchandising Ecommerce - em Hub
Permanent · GURUGRAM
ADIDAS
sr. Manager- DPC Partner Program
Permanent · GURUGRAM
L'OREAL GROUP
Online Brand Manager
Permanent · MUMBAI
L'OREAL GROUP
Retail And Education Manager - Ysl
Permanent · MUMBAI
JCPENNEY
Senior Manager
Permanent · BENGALURU
DAMYAA PJ FOODS
Area Sales Manager/Regional Sales Manager
Permanent · ROHTAK
ON TIME SOLUTIONS
Branded Fmcg Company Opening For Area Sales Manager in North Kerala
Permanent ·
HECTOR AND STREAK CONSULTING
Sales Engineer / am / Manager - Ups
Permanent · MUMBAI
HDFC LIFE
Hiring For Associate Area Manager-Abp Channel
Permanent ·
STONELAM SURFACES LLP
Area Sales Manager- Project Sales
Permanent · CHENNAI
SHINE
Oracle Functional Consultant - Scm
Permanent ·
SHINE
System Administrator
Permanent ·
SHINE
Information Technology Executive
Permanent ·
Published
Dec 5, 2019
Download
Download the article
Print
Text size

Lenskart loss narrows to Rs 28 crore for FY19, revenue up 56 percent

Published
Dec 5, 2019

Eyewear brand Lenskart managed to narrow its losses to Rs 28 crore ($4 million) for the financial year 2018-19, as against a net loss of Rs 188 crore it had reported in the fiscal year 2017-18.
 

Lenskart loss narrows to Rs 28 crore for FY19, revenue up 56 percent - Lenskart - Facebook


The company witnessed a 56 percent growth in revenue to Rs 486 crore for the fiscal year 2019, while its total expenses shot up 20 percent to Rs 515 crore, according to Lenskart’s filings with the Registrar of Companies.
 
The company attributed the rise in revenue to its pan-India expansion, coupled with strong online sales. The increased material cost, employee benefits, marketing, and promotional costs led to higher total expenses, it said.

In September, Lenskart had received a funding of Rs 392 crore from the Indian private equity business Kedaara Capital.
 
The omni-channel eyewear solutions company, which has over 500 stores across India, is planning to use the funds to expand further in India and internationally as well. The business aims to reach a total of 650 brick-and-mortar stores in India by March 2020. 
 
The Delhi-based Lenskart sells private label brands like Vincent Chase, John Jacobs along with international labels such as Oakley, French Connection, Ray-Ban, and Tommy Hilfiger, among many others.

Copyright © 2024 FashionNetwork.com All rights reserved.