India, Nov. 6 -- Peyush Bansal-led Lenskart's operating revenue breached the INR 5,000 Cr mark in the financial year ended March 31, 2024. The eyewear company's sales jumped 43% to INR 5,427.7 Cr during the year under review from INR 3,788 Cr in FY23.

The company primarily generates revenue by selling spectacles and eye lens. It generated INR 5,166.2 Cr from this, up 43% from INR 3,609.8 Cr in FY23. It also earned INR 104.5 Cr from lens fitting and membership programme during the year under review as against INR 82.7 Cr in the previous year.

Including other income, total revenue rose 43% to INR 5,609.8 Cr in FY24 from INR 3,927.9 Cr in the previous fiscal year.

Founded in 2010 by Bansal, Amit Chaudhury, and Sumeet Kapahi, Lenskart is a...