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The Latest Breaking News from Lenskart

Lenskart shares in focus after Viridian completes stake transfer from Copthall Mauritius

Hong Kong-based Viridian Asia Opportunities Master Fund acquired an 18.96 lakh share stake in Lenskart Solutions for Rs 96 crore. This follows a recent Rs 2,873 crore block deal where SoftBank affiliate SVF II Lightbulb (Cayman) reduced its holding.

The Economic Times

Kuku FM readies public market debut; SoftBank books Lenskart gains

Kuku FM's parent has taken the first step towards a stock market listing. This and more in today's ETtech Top 5.

The Economic Times

SoftBank snags Rs 2,873 crore from Lenskart stake sale, clocking 7x return

SVF II Lightbulb Cayman, a SoftBank affiliate, sold 5.65 crore shares, or 3.25%, in Lenskart for Rs 2,873 crore through a block deal on Wednesday. The shares were sold at Rs 508.55 apiece, with Goldman Sachs, Fidelity, Quant Mutual Fund, WhiteOak Capital, and other institutional investors among the buyers. SoftBank’s…

The Economic Times

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Lenskart shares fall 2% on Softbank's Rs 2,873-crore stake sale; draws Goldman, Fidelity, others

Lenskart Solutions share price dipped 2% on Thursday as SoftBank affiliate SVF II Lightbulb (Cayman) sold a significant stake. Global and domestic institutional investors, including funds managed by Goldman Sachs and Fidelity, acquired these shares. This transaction, valued at approximately Rs 2,873 crore, saw strong participation.

The Economic Times

Stocks in news: Rajesh Exports, Lenskart, Suzlon Energy, Aurobindo Pharma, Tata Motors

Indian markets saw volatility and closed lower on Wednesday. Key companies are in focus due to significant developments. SoftBank reduced its stake in Lenskart. Sebi issued an interim order against Rajesh Exports. Tata Motors revised its Avinya EV strategy. Suzlon Energy is diversifying into battery storage. RIL's subsidiary signed MoUs…

The Economic Times

SoftBank sells Rs 2,873 crore worth of Lenskart shares in block deal to Goldman Sachs and other investors

Lenskart Solutions saw a major stake sale as SoftBank offloaded shares worth about Rs 2,873 crore through a block deal. The transaction drew strong institutional interest, while analysts remain positive on Lenskart's growth prospects, technology-led model and expanding international footprint.

The Economic Times

Lenskart to become eyewear industry's Tanishq? Elara makes big prediction

Elara Capital initiated coverage on Lenskart with a Buy rating and a target price of Rs 615, implying a 22% upside. The brokerage called the eyewear company a structural compounder with a strong competitive moat and a differentiated full-stack business model. Analysts believe Lenskart is well placed to replicate the…

The Economic Times

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Listed new-age companies use AI to tune their daily ops engine

Companies are using AI to personalise discovery, improve marketing efficiency, reduce manual work in logistics, handle customer support, reduce failed deliveries, improve store productivity and speed up internal technology deployment. The use cases differ across companies, but the common thread is that AI is now being applied extensively to operating…

The Economic Times

Jefferies, other top brokers raise Lenskart targets after Q4 results; here's why

Lenskart Solutions shares surged after the eyewear retailer reported a strong Q4FY26 performance, with revenue from operations rising nearly 46% YoY to Rs 2,516 crore. The upbeat earnings prompted bullish brokerage views and target price upgrades, pushing the stock to a near one-month high of Rs 517 on the NSE.…

The Economic Times

Lenskart shares rise 2% after Q4 profit slips; revenue jumps 46% YoY

Shares of Lenskart climbed by 2% on Thursday, despite a 9% decline in net profit for the fourth quarter. The company showcased impressive operational growth, with a significant 46% increase in revenue. Lenskart has intensified its eye testing services and is ambitiously spreading its footprint into new cities, while its…

The Economic Times

Stocks in news: ITC, Nykaa, Lenskart, Ola Electric, IndusInd Bank

Markets saw a volatile session with Nifty trading below the 23,800-24,000 resistance zone, though select heavyweight buying limited downside. Several companies like ITC, Nykaa, and IndusInd Bank are in focus due to Q4 results and news developments, including Lenskart's profit decline and Dr. Reddy's new diabetes drug launch.

The Economic Times

Lenskart to step up AI push in FY27, targets scale-up in eye tests, automation

Lenskart is pivoting to a consumer-AI company, making artificial intelligence central to its FY27 growth strategy. The company aims to integrate AI across its value chain, from eye tests and product design to manufacturing and delivery, to enhance customer acquisition and eye-testing capacity.

The Economic Times

Lenskart, Ola’s Q4 scorecards; Visa maze for laid-off techies

Lenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. This and more in today’s ETtech Top 5.

The Economic Times

Lenskart Q4 revenue jumps 46% on volume expansion

Lenskart reported a significant 46% jump in revenue from operations to Rs 2,515 crore in the January-March quarter, driven by volume expansion and new customer acquisitions. Despite a slight dip in net profit due to a one-time gain in the previous year, the company's operating margin expanded to 21.3%.

The Economic Times

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The Economic Times

Lenskart Q4 Results: Profit falls 9% YoY to Rs 200 crore, but revenue jumps 46%

Lenskart Solutions saw its net profit decrease by 9% year-on-year in the fourth quarter. However, revenue from operations surged by 46%. The company conducted significantly more eye tests, expanding its market reach. International business also showed robust growth. Lenskart is focusing on premiumization and improving capital efficiency, funding its expansion…

The Economic Times

Stocks in news: Lenskart, Apollo Hospitals, ZEE, BPCL, Hindalco

Indian markets navigated a sideways trend, with analysts urging caution until the 24,000 mark is reclaimed. Key stocks like Lenskart, Apollo Hospitals, ZEE, BPCL, and Hindalco are in focus due to Q4 results and news. BEL reported a profit rise, while ZEE saw a net loss. Maruti Suzuki expanded production…

The Economic Times

Quant Mid Cap Fund exits Lenskart Solutions and 2 other stocks, adds SAIL in April

Quant Mid Cap Fund exited Lenskart Solutions, NMDC and SBI Cards in April, while adding Steel Authority of India to its portfolio, the fund’s monthly disclosure showed. The fund also increased exposure to Reliance Industries and maintained holdings in several key stocks, as sector allocations shifted toward healthcare and metals.

The Economic Times

SoftBank logs $600 million paper loss on India-listed portfolio in Jan-Mar

SoftBank's Indian investments faced a significant downturn in the January-March quarter. Several prominent companies like Swiggy and Ola Electric saw their market value drop. This led to substantial paper losses for SoftBank's Vision Fund. Despite overall gains from other investments, the Indian portfolio's performance highlights recent market challenges. SoftBank has…

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The Economic Times

SoftBank logs $600 million paper loss on India-listed portfolio in March quarter

The Economic Times

Stocks in news: Groww, Dr Reddy's, Waaree Energies, Lenskart, SBI

Markets experienced a sharp risk-off session on Monday, with indices declining amid broad selling. Investors are advised to avoid aggressive index bets and await clearer directional signals. Pharma and healthcare stocks remain preferred, while dips in energy and metal sectors offer accumulation opportunities.

Whats Hot

Rs 12K Lenskart glasses bought, shattered on camera; viral clip triggers backlash

A fresh controversy surrounding Lenskart has resurfaced on social media after a viral video reignited public debate about the brand. Over the past few hours, the clip has been widely circulated, drawing a mix of reactions and placing the company back into trending conversations.

Whats Hot

Why Are People Smashing Glasses on Camera? Inside the ‘Boycott Lenskart’ Trend

What began as a routine discussion around a company policy has rapidly escalated into a major online controversy, placing Lenskart at the center of widespread criticism and debate. Over the past few days, the brand has dominated social media conversations—not for its products or innovation, but for a growing narrative…

Whats Hot

Lenskart Controversy Sparks Debate Over Workplace Policies and Religious Expression

A recent controversy involving Lenskart has ignited widespread discussion across social media, raising questions about workplace dress codes and the balance of religious expression within corporate environments.

Times Life

Lenskart Faces Backlash Over ‘Hijab Allowed, Bindi Banned’ Row, Peyush Bansal Responds

The screenshot triggered backlash online, with critics accusing the company of applying unequal standards to religious and cultural expression in the workplace. The issue gained traction after social media users, including public commentators, shared the page and questioned whether the rules discriminated against Hindu symbols while making exceptions for other…

Newslaundry

Piyush Goyal is right and wrong: Why Indian startups aren’t building the future

“Life can only be understood backwards; but it must be lived forwards,” said the nineteenth century Danish philosopher Soren Kierkegaard. In this piece, we will try and understand life backwards.

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