Lenskart Q3 profit jumps 70-fold after IPO, revenue rises 38% as investors eye margins
Lenskart Solutions posted a 70-fold surge in quarterly net profit to 131 crore rupees, with revenue up 38.3% to 2,307.7 crore. EBITDA margin rose to 20.1% from 12.7% a year earlier. The company reported an exceptional loss of 5.3 crore rupees tied to IPO expenses. Shares closed 0.5% lower at 473 rupees before results.