Lenskart's profits jump after market debut: Here's what's up
Lenskart just posted a solid quarter, with profits rising 19.8% to ₹102 crore and revenue up 20.8% to ₹2,096 crore.
Their earnings margins are looking healthier too, thanks to a big boost in operational efficiency.
Why does this matter?
This is Lenskart's first financial report since going public earlier this month, and it's turning heads—analysts like Jefferies are already giving it a "buy" rating with high growth expectations.
If you're into business trends or thinking about investing, Lenskart's strong start could be worth watching.
What's fueling the growth?
The company credits its success to tighter operations and rapid expansion—think over 2,100 stores across India.
With almost double the net profit compared to last year for the half-year period, Lenskart is showing real momentum in India's booming eyewear market.