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: Qualcomm unveils $20 billion stock buyback program; shares jump 3%
Smartphone chip designer Qualcomm on Tuesday unveiled a $20 billion stock buyback program as it looks to take advantage of a steep drop in its