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Swapnil Agarwal Profile picture
Swapnil Agarwal
@swapnil140496
Building 🚀 | Writing my heart out on Startups, Finance, Health, Politics | Via @ExponentEnergy @atlanhq @leap_wallet | Founding team @imstrongteam → 1L users
Oct 29 • 9 tweets • 2 min read
Lenskart’s ₹7,278 crore IPO drops on Oct 31 and everyone’s got an opinion. Retail investors, especially, look confused. So here’s a quick, no-jargon breakdown of what’s really going on. 🧵 #LenskartIPO Image Growth or Just Hype?

In FY25, Lenskart showed profit of ₹297 crore (after years of losses), but honestly, ₹167 crore came from a one-time accounting trick after the Owndays buyout. So, real profits are just a tiny slice, not as rosy as they look.