Lenskart-backed Neso Brands records Rs 3.4 Cr operating loss

Lenskart-backed house of brands for eyewear, Neso Brands, has filed its first earnings report. The Singapore-headquartered entity reported net operating losses of Rs 3.44 crore and net losses of approx Rs 5.68 crore between November 12, 2021 and March 31, 2023. It received Rs 6.75 crore loan from its immediate holding firm during the period.