Lenskart Q1 FY27 Profit Jumps 182%, Shares Fall 5% After Block Deal
Lenskart Solutions reported a 182.3% year-on-year increase in net profit for Q1 FY27, reaching Rs 228 crore. Revenue grew 33.6% to Rs 2,214 crore, with EBITDA margin expanding to 21.7%. Product margins exceeded 70% for the first time. Growth was broad-based across India and international markets, with products ranging from Rs 500 glasses to premium eyewear. Shares fell 5% following a Rs 1,985-crore block deal, likely involving Alpha Wave selling its stake.
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