Lenskart Rolls In Profit Lenskart delivered explosive profit growth and robust revenue expansion in Q3. The surge came on the back of AI-driven leverage, record store additions, and a rapidly growing international footprint. Adding to the optimism was the domestic premiumisation push and high customer retention. Here are the key takeaways from Lenskart’s Q3 performance: Profits soared 70X YoY to ₹132.7 Cr Operating revenue zoomed 38% YoY to ₹2,307.7 Cr EBITDA improved 91% YoY to ₹462.4 Cr Total expenses rose 28% YoY to ₹2,162.6 Cr The Compounding Engine: The eyewear major’s profits soared on margins doubling YoY in Q3, buoyed by improving unit economics and same-store sales. AI-first efficiencies turned every incremental sale into “disproportionate” bottom-line gains as the company’s management hailed the profitability as structural, not cyclical. The Premium Pivot: On the home turf, Lenskart continued to move up the value chain. The D2C brand’s “Gold” membership programme and progressive lenses lifted average selling prices and increased customer retention. Simultaneously, growing eye-test volumes and same-pincode growth reflected deeper penetration, with repeat buyers now accounting for over a third of its sales. Global Bets Mature: Another major takeaway from Lenskart’s Q3 results was the rapid maturation of its international business.… Read MoreInc42 Media
