Lenskart shares jump 7% after Q1 beat; brokerages raise targets

Lenskart shares gained 7% after Q1 FY27 net profit surged 182.3% YoY to ₹228 crore, while revenue rose 33.6% to ₹2,214 crore. EBITDA increased 61.3% to ₹589 crore, and product margin crossed 70%. Jefferies, Goldman Sachs, Morgan Stanley, Macquarie and Motilal Oswal raised their targets, citing strong growth and margin expansion.