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Mridul Das

Stealth • 4d

Lenskart is preparing for an IPO at a valuation of $10 billion 💵( ₹86,780 crore). ➡️ The company intends to file its Draft Red Herring Prospectus (DRHP) by May 2025, with the goal of listing on Indian stock exchanges before the end of the year. The company's financials are looking great though 👇💰📈 The company significantly reduced its net loss by 84.4%, from ₹63.7 crore in FY23 to ₹10.1 crore in FY24. Revenue from Operations saw a strong 43% year-on-year growth, reaching ₹5,427 crore in FY24 from ₹ 3,788 crore in FY23. Additionally, EBITDA more than doubled, rising 112.5% from ₹403 crore in FY23 to ₹856 crore in FY24. Lenskart achieved a net profit on a standalone basis of ₹144 crore in FY24, reflecting a 5.1% increase from ₹137 crore in FY23, marking a steady financial improvement.

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Ashish Singh

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Quick commerce unicorn Zepto recorded a 120% surge in revenue in FY24, growing from 2,026 crore in FY23 to ₹4,455 crore. This growth is driven by a shift in consumer preferences, with more customers opting for 10-minute deliveries over traditional e-

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Ashish Singh

Stealth • 1m

🫡This is business . Drishti IAS Institute achieved revenue of over ₹400 crore in FY24, with profits reaching ₹90 crore🤯. The company's revenue has grown significantly over the past four years: -- ₹40 crore in FY21, -- ₹119 crore in FY22, --