Lenskart, the Indian eyewear retailer, reported a robust 46% growth in revenue for the March quarter, reaching ₹2,515 crore compared to ₹1,725 crore the previous year. However, profit after tax dipped slightly to ₹203.6 crore from ₹220 crore due to a one-time gain last year. The company noted a 24.3% increase in eyewear units sold, totaling 7.9 million. In contrast, Ola Electric reported a narrowed net loss of ₹500 crore, down from ₹870 crore in the same quarter last year, but its revenue fell sharply by 56.6% to ₹265 crore. The electric vehicle manufacturer is exploring a qualified institutional placement (QIP) to raise funds and improve liquidity. Meanwhile, layoffs in the tech sector have surged, particularly affecting H-1B visa holders in the U.S., who are now facing stricter immigration requirements as they transition to B-2 visas. Meta Platforms has initiated a significant round of layoffs, affecting 8,000 employees, while LinkedIn is set to cut 606 jobs in California. These developments highlight the ongoing challenges in the tech industry amid economic pressures.