Brands
Lenskart Q3 profit jumps 70-fold to Rs 131 crore
Revenue rises 38 per cent to Rs 2,308 crore; IPO costs weigh marginally
MUMBAI: Lenskart Solutions Limited delivered a blockbuster December quarter, reporting a multi-fold jump in profits as scale benefits and strong demand powered earnings.
Consolidated net profit for the third quarter of FY26 surged more than 70 times year-on-year to Rs 131 crore, compared with Rs 1.85 crore in the same period last year, the company said in a stock exchange filing.
Revenue from operations rose 38.3 per cent on-year to Rs 2,307.7 crore, up from Rs 1,668.8 crore, reflecting sustained expansion across Lenskart’s physical retail network and online channels.
The company reported an exceptional loss of Rs 5.3 crore during the quarter, entirely attributable to expenses linked to the fresh issue of shares under its initial public offering. Excluding this one-off charge, operating performance remained robust.
Lenskart shares closed at Rs 473 ahead of the earnings announcement, down 0.5 per cent on the day. Since its market debut in November 2025, the stock has gained 17.3 per cent, underscoring investor confidence in the company’s growth trajectory.
Brands
Ather Energy doubles service network to 500 centres nationwide
EV maker scales support alongside growth to keep riders on the road
MUMBAI: Ather Energy is quietly building more than just scooters. It is building the backbone to keep them running.
The electric two-wheeler maker has expanded its service network to 500 authorised centres across India, nearly doubling its footprint in a year from 277. The move mirrors its growing retail presence and signals a clear focus on one often overlooked part of EV ownership, what happens after the purchase.
From the outset, Ather has prioritised service support in every city it enters, aiming to make ownership as smooth as the ride itself. Its Gold Service Centres bring in upgraded customer lounges, modern equipment and processes designed to make servicing more transparent and reliable.
Speed, too, is part of the pitch. Through its ExpressCare initiative, riders can get periodic maintenance done in about an hour, now available across 82 centres, turning what used to be a chore into a quick pit stop.
Ather Energy chief business officer Ravneet Singh Phokela said, “Crossing 500 service centres is an important milestone as we scale across the country. Reliable after-sales support is central to the ownership experience, and our focus remains on consistent service quality and accessibility.”
The expansion comes as demand grows for models like the Ather 450 and the Rizta, which have helped the company reach a broader set of riders across metros and emerging cities alike.
Alongside servicing, Ather continues to power up infrastructure through the Ather Grid, now one of the largest fast-charging networks for two-wheelers, with over 4,300 charging points.
With plans to scale further and deepen its presence, Ather’s approach is clear. Selling the scooter may start the journey, but keeping it running smoothly is what sustains it.
