Scaling up business helped in returning to profit in FY23: Lenskart’s Khurana

Eyewear retailer Lenskart’s return to the black in FY23 became possible by scaling up the business by investing heavily in setting up its largest automated eyewear factory in Bhiwadi, Rajasthan, co-founder and product head Ramneek Khurana told Fe. He said that the company will continue to post profit in the current fiscal also.

“Unit-economics wise we have been always profitable. We have done a lot of investment in the new facility which has come up. So, year-over-year it was just about getting to the right scale,” Khurana said.