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Lenskart Solutions shares fell more than 4 percent in early trade on Monday after nearly 3 crore shares of the eyewear retailer changed hands through block deals, with global investment firm Alpha Wave Ventures LP likely to be the seller.Around 2.93 crore shares, representing 1.67 percent of the co…
Lenskart shares fell on Monday after block deals worth Rs 1,895 crore, with Alpha Wave Ventures emerging as the likely seller. The stock was among the top losers on the BSE 500 and NSE 500 indices.
Lenskart Solutions reported a 182.3% YoY jump in Q1 FY27 net profit to Rs 228 crore, while revenue rose 33.6% to Rs 2,214 crore. EBITDA margin expanded to 21.7% as product margins crossed 70% for the first time. Growth remained broad-based across India and international markets, with offerings ranging from Rs 500…