Lenskart Q3 Profit Soars 28%, Revenue Jumps; Acquires New Company Abroad

• Lenskart reported a net profit of ₹131 crore in Q3, a 28.2% increase from the previous quarter's ₹102 crore.
• Revenue grew by 10.1% to ₹2,307 crore, while EBITDA rose 11.8% to ₹463.4 crore, with margins improving to 20.1%.
• Lenskart Singapore acquired an 84.21% stake in Stellio Ventures S.L. for approximately ₹410.27 crore.
• The company increased its stake in QuantDuo Technologies Pvt. Ltd. to 96.57% and acquired stakes in Dimension NXG Pvt. Ltd. and iiNeer Co. Ltd.
• Lenskart completed its IPO, raising ₹72,780.15 million, with its shares closing at ₹473.00 on NSE, up 17.34% since listing.