Shares of Lenskart rose by 7% as the company reported a 182.3% year-on-year jump in net profit for Q1 FY27, reaching ₹228 crore. Revenue for the period climbed 33.6% to hit ₹2,214 crore. Additionally, EBITDA grew by 61.3% to ₹589 crore, with product margins surpassing the 70% mark. Following these results, Jefferies, Goldman Sachs, Morgan Stanley, Macquarie, and Motilal Oswal all increased their price targets, pointing to the firm's robust growth and improved margins.
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