Lenskart vs Titan EyeCare: post-listing showdown in India's Rs 30,000 crore eyewear market
Newly-listed Lenskart's tech-and-manufacturing model faces Tata's service-led Titan EyeCare. Lenskart posts Q2 revenue of Rs 2,146.6 crore (up 24%), 69.2% product margins and 203 net new stores across 431 cities, while Titan EyeCare runs 871 stores with Rs 215 crore income. GST-cut demand shifts add to the battle.
Post-listing comparison of Lenskart's tech-and-manufacturing-driven eyewear model against Tata's service-led Titan EyeCare across market share, store expansion, margins, and revenue, both citing GST-cut demand shifts in India's eyewear segment.