Ever since its inception two decades ago, Lenskart has remained a capex-heavy business — building manufacturing capacity, developing proprietary tech, expanding offline footprint, and testing international markets.
While these long-term bets have helped the company achieve significant scale, it also kept its margins under pressure. However, Q3 FY26 suggests this equation is now beginning to shift on the back of operating leverage kicking in and improving margins.
The company reported a consolidated profit after tax (PAT) of ₹132.7 Cr in the…
Source link
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi
