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Alpha Wave Ventures may sell ₹1,313 crore Lenskart stake via block deal

Alpha Wave Ventures II is expected to sell its roughly 1.2% Lenskart stake through a block deal valued up to Rs 1,313 crore at a Rs 630 floor price. Lenskart reported strong Q1 FY27 growth in profit, revenue and EBITDA.

Newer report on another story , , Outlook Business : ADIA sells 2.01% Lenskart stake for ₹2,390 crore

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Reported figures

From the report. Source details below

Alpha Wave Ventures II may sell up to 2.08 crore Lenskart shares
Q1 FY27 net profit Rs 222 crore, up 270% from Rs 60 crore
Q1 FY27 revenue Rs 2,714 crore, up 43% from Rs 1,894 crore
Q1 FY27 EBITDA Rs 588 crore, up 76% from Rs 335 crore
EBITDA margin 21.7% versus 17.7%
Q1 FY26 one-time loss Rs 10.4 crore

Also in the report

  • Floor price is a 1.7% discount to prior closing price

The source

Source Read the source at NDTV Profit Published

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