🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

News on Medial

Related News

Lenskart profit jumps to Rs 133 Cr in Q3 FY26; global biz forms 40% of revenue

EntrackrEntrackr · 1d ago
Lenskart profit jumps to Rs 133 Cr in Q3 FY26; global biz forms 40% of revenue
Medial

Eyewear brand Lenskart announced its financial results for Q3 FY26 on Thursday. The firm’s revenue increased by 36% during the third quarter, while its profit zoomed over 71X year-on-year to Rs 133 crore in the same period. The company’s revenue from operations increased to Rs 2,308 crore year-on-year in Q3 FY26 from Rs 1,669 crore in the same quarter last year, according to its financial statement sourced from NSE. Revenue from the Indian market accounted for 60% of total revenue at Rs 1,385 crore, while the international market contributed 40% at Rs 936 crore. A further Rs 14 crore was adjusted as inter-segment revenue. Other income contributed an additional Rs 40 crore, which drove its total income to Rs 2,348 crore for the quarter. For the nine-month period ending December 2025, the firm’s revenue increased by 28% to Rs 6,298 crore from Rs 4,925 crore a year earlier. On the expense side, the cost of material was the largest expenditure, accounting for 33% of the total expense. This cost increased by 31% to Rs 717 crore in Q3 FY26 from Rs 548 crore in Q3 FY25. Employee benefit expense rose 62.5% to Rs 528 crore in Q3 FY26 from Rs 325 crore in Q3 FY25. Finance and depreciation costs were other overheads that added to the total expense, which increased by 28% to Rs 2,163 crore in Q3 FY26. Lenskart’s profit jumped 71X to Rs 132.7 crore in Q3 FY26 as compared to Rs 1.85 crore in Q3 FY25. On a sequential basis, its profit increased by 29% from Rs 103 crore in Q2 FY26. After today’s trading session, Lenskart’s shares closed at Rs 473 per share, valuing the company at a market capitalization of Rs 82,059 crore, or around $9 billion.

Nykaa posts Rs 2,873 Cr revenue in Q3 FY26; profit jumps 2.5X

EntrackrEntrackr · 8d ago
Nykaa posts Rs 2,873 Cr revenue in Q3 FY26; profit jumps 2.5X
Medial

Nykaa posts Rs 2,873 Cr revenue in Q3 FY26; profit jumps 2.5X Online beauty and fashion platform Nykaa reported strong growth in Q3 FY26. Revenue from operations rose 27% year on year, while profit jumped 2.5X in the quarter ended December 2025. According to its financial statements sourced from the National Stock Exchange (NSE), Nykaa's revenue from operations grew to Rs 2,873 crore in Q3 FY26, compared to Rs 2,267 crore in Q3 FY25. For the nine-month period, Nykaa’s operating revenue increased 25% to Rs 7,374 crore from Rs 5,888 crore, a year earlier. The beauty segment accounted for 91% of the total revenue at Rs 2,622 crore, while the fashion segment contributed 8% of the operating income in Q3 FY25. For the Falguni Nayar-led firm, the cost of materials constituted 57% of its total expenditure, rising to Rs 1,576 crore in Q3 FY26. Additional spending on employee benefits, finance, marketing, technology, and other overheads brought the company’s total costs to Rs 2,753 crore during the quarter. Steady growth in its scale helped Nykaa achieve a 2.5X increase in profit to Rs 68 crore in Q3 FY26, compared to Rs 27 crore in Q3 FY25. On a sequential basis, the company’s profit increased 101% from Rs 33 crore in Q2 FY26. At the close of today's trading session, Nykaa's stock was priced at Rs 261.5, giving the firm a market cap of Rs 74,844 crore (approximately $8 billion). Nykaa’s Q3 FY26 results show steady revenue growth and improving profitability. Higher scale helped absorb costs better, leading to a sharp rise in profit both year-on-year and sequentially. The continued dominance of the beauty segment provides stability to the business, while margins appear to be strengthening as the company grows. Overall, the numbers point to better operating efficiency as Nykaa expands.

CarTrade posts Rs 210 Cr revenue in Q3 FY26, profit jumps 35%

EntrackrEntrackr · 16d ago
CarTrade posts Rs 210 Cr revenue in Q3 FY26, profit jumps 35%
Medial

CarTrade released its financial results for the third quarter of the ongoing fiscal year (Q3 FY26) on Wednesday. The company reported a 19% year-on-year revenue growth, with profit crossing the Rs 50 crore mark in the same time period. CarTrade’s revenue from operations grew to Rs 210 crore in Q3 FY26 in contrast to Rs 176 crore in Q3 FY25, as per the firm’s unaudited financial results sourced from the National Stock Exchange (NSE). The company’s total income for Q3 FY26 grew to Rs 228 crore, compared to Rs 193 crore in Q3 FY25. The Mumbai-based company operates in three segments: Consumer, Remarketing, and Classifieds. Income from the consumer segment formed 41% of the total operating revenue which increased to Rs 86 crore in Q3 FY26. Income from the remarketing and classified segment stood at Rs 66 crore and Rs 59 crore, respectively, in the third quarter of the ongoing fiscal year. On the expense front, employee benefits expenses formed 53% of the overall spending which went up a modest 4% to Rs 76 crore during the period. Including other costs, CarTrade’s overall expenses increased 3% to Rs 144 crore in Q3 FY26 from Rs 139.5 crore during Q3 FY25. The decent growth and controlled spending enabled CarTrade to increase its net profit to Rs 61.5 crore in Q3 FY26, compared to Rs 45.5 crore in Q3 FY25. However, on a sequential basis, the company’s profit decreased by 4% from Rs 64 crore in Q2 FY26. CarTrade was in preliminary discussions with CarDekho for a potential merger in India’s automotive classifieds space, but the two companies mutually decided to call off the proposed consolidation. CarTrade’s share price is trading at Rs 2,333 (as of 11:36 AM) with a total market capitalization of Rs 11,163 crore ($1.2 billion).

Delhivery reports Rs 2,805 Cr revenue in Q3 FY26, profit jumps 59%

EntrackrEntrackr · 13d ago
Delhivery reports Rs 2,805 Cr revenue in Q3 FY26, profit jumps 59%
Medial

Delhivery reports Rs 2,805 Cr revenue in Q3 FY26, profit jumps 59% Logistics company Delhivery announced its Q3 FY26 results on Saturday and reported an 18% year-on-year increase in revenue. At the same time, the company’s profit rose 59% to Rs 40 crore. Delhivery’s revenue from operations grew 18% to Rs 2,805 crore in Q3 FY26 from Rs 2,378 crore in Q3 FY25, according to its financial statements filed with the National Stock Exchange (NSE). Delhivery’s primary revenue came from its logistics services, including warehousing, last-mile delivery, and the design and deployment of logistics management systems. The company also earned Rs 77 crore from non-operating activities, bringing its total revenue to Rs 2,882 crore in Q3 FY26. Freight handling and servicing costs accounted for 70% of total expenditure and rose 7.4% to Rs 1,980 crore in Q3 FY26. Employee benefit expenses declined marginally by 4% to Rs 410 crore, while depreciation and amortization costs stood at Rs 187 crore. Legal, finance, and other overheads added another Rs 243 crore, a 4% year-on-year increase. An 18% rise in operating revenue and controlled expenditure helped the firm increase its profit by 59% to Rs 40 crore in Q3 FY26, compared with Rs 25 crore in Q3 FY25. The company had reported a loss of Rs 50 crore in the previous quarter. For the first nine months of the fiscal year ending March 2026, revenue from operations rose over 13% year-on-year to Rs 7,658 crore, while profit stood at Rs 88 crore. In a separate exchange filing, Delhivery granted 70,900 employee stock options worth Rs 3 crore, based on the company’s current share price. At the end of the last trading session, Delhivery’s share price stood at Rs 426.35, giving the company a market capitalization of Rs 31,903 crore (approximately $3.54 billion).

ETSA 2024 | For startups, right talent is human capital, not just human resource: Lenskart CEO Peyush Bansal

Economic TimesEconomic Times · 1y ago
ETSA 2024 | For startups, right talent is human capital, not just human resource: Lenskart CEO Peyush Bansal
Medial

- Talent density has become increasingly challenging to maintain in the last 10 years, according to Peyush Bansal, CEO of Lenskart. - To hire and retain talent, companies must constantly improve and up their game, says Peyush Bansal. - Building the right work culture and attracting top talent are crucial for startup growth, according to Peyush Bansal. - Taking Indian startups to the global stage requires a focus on talent and surpassing milestones, states Peyush Bansal. - The panel discussion at the Economic Times Startup Awards 2024 emphasized the importance of staying ahead of trends in order to succeed in the next decade of Indian startups.

Download the medial app to read full posts, comements and news.