Lenskart's Q3 Profit Skyrockets to ₹132 Crore from ₹1.8 Crore; What Fueled the Surge?
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News18•11-02-2026, 23:45
Lenskart's Q3 Profit Skyrockets to ₹132 Crore from ₹1.8 Crore; What Fueled the Surge?
•Lenskart's Q3 profit surged from ₹1.8 crore to ₹132.7 crore, marking a significant financial turnaround.
•Operating revenue jumped 38% to ₹2,308 crore, up from ₹1,669 crore in the same period last year.
•India's revenue grew by 40.4%, while international business expanded by 32.7%, driven by platform expansion.
•CEO Peyush Bansal highlighted a rise in EBITDA Margin from 2% to 6.1% over nine months, indicating improved expense management.
•Future plans include increased investment in international markets, technological advancements, enhanced customer experience, and expansion into smaller Indian cities.