Tech
Lenskart turns around, posts net profit of Rs 62 crore in Q1 FY26
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IPO-bound eyewear retailer Lenskart posted a net profit of Rs 62 crore during the April-June quarter of 2025, compared to a loss of Rs 11 crore in the same period last year, as per its red herring prospectus (RHP).
The Peyush Bansal-founded company saw its operating revenue grow 25% to Rs 1,894 crore in Q1FY26, from Rs 1,520 crore a year ago.
Lenskart had turned profitable in FY25 with a net profit of Rs 297 crore, turning around from a Rs 10 crore loss in FY24. Its topline increased 22% in FY25 to Rs 6,652 crore, from Rs 5,428 crore the year…
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