India, Nov. 5 -- Shares of omnichannel eyewear retailer Lenskart surged as much as 11.1% to an all-time high of Rs.767.4 on the BSE today after the company reported a sharp increase in its September-quarter profit.

The stock opened 7.8% higher at Rs.745.05 against yesterday's closing price of Rs.691. It subsequently pared some gains to trade at Rs.733.55 at 11:15 IST, up 6.2%. At that price, Lenskart's market capitalisation stood at Rs.1,27,586.8 Cr (about $13.5 Bn).

The rally followed Lenskart's Q2 FY27 results, announced yesterday. Consolidated net profit increased 124.7% YoY to Rs.232.5 Cr, while operating revenue grew 35.7% to Rs.2,845 Cr. Revenue growth outpaced the increase in expenses, supporting the improvement in profitability....