Lenskart Q4: Profit slips 8.5% to Rs 200 cr even as revenue jumps 45.6% to Rs 2,516 cr
Tier 2+ town traction and margin expansion prompt Jefferies (TP Rs 600) and Morgan Stanley (TP Rs 576) to turn constructive. Management guides for 25% annual volume growth and a 25% steady-state EBITDA margin, though near-term profit drop trimmed early 6% share gains.
Tier 2+ town traction and margin expansion prompt Jefferies (TP Rs 600) and Morgan Stanley (TP Rs 576) to turn constructive. Management guides for 25% annual vo
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