Lenskart’s FY25 profit of Rs 297 crore marks a sharp turnaround from a loss a year earlier, but much of the jump stems from a one-time accounting gain linked to its Owndays acquisition. Adjusted profits are closer to Rs 130 crore, analysts say, warning that thin margins and premium IPO valuations leave little room for upside.
US stocks: US market ends mixed as investors focus on Big Tech earnings
Wall Street closed mixed as investors awaited tech earnings and feared rate hikes. Oil prices fell after President Trump discussed peace talks with Iran. Major