PhysicsWallah, Lenskart, Nykaa post stellar profits
Multiple Indian tech companies reported earnings this quarter. PhysicsWallah posted record revenue and doubled net profit through expansion and cost efficiencies. Lenskart's net profit more than doubled year-on-year. Nykaa's profit grew three-fold to Rs 101 crore with 28% revenue growth to Rs 3,006 crore; the company also acquired an 82% stake in cosmetics brand Simply Nam to expand its premium makeup portfolio. Separately, SaaS firm Freshworks posted $18.3 million net profit in Q3 2026 with 14% revenue growth to $245.4 million. Fintech unicorn Razorpay has secured Sebi approval to pursue an IPO targeting Rs 5,000-6,000 crore at a $5 billion valuation.
Key points
- PhysicsWallah doubled net profit and posted record quarterly revenue
- Nykaa's profit grew three-fold to Rs 101 crore; acquired 82% stake in Simply Nam
- Lenskart net profit rose over two-fold; Freshworks achieved $18.3M quarterly profit
- Razorpay secured Sebi approval for Rs 5,000-6,000 crore IPO targeting $5B valuation
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