Eyewear retailer posts robust domestic and international sales in first results since IPO
Lenskart reported a nearly 20 per cent rise in second-quarter profit, supported by strong revenue growth across its domestic and overseas markets in its first earnings release since going public.
Net profit for Q2 FY26 rose to Rs 103.5 crore, compared with Rs 86.3 crore a year earlier. Revenue from operations increased 21 per cent to Rs 2,096 crore, up from Rs 1,735.7 crore in the same quarter last year. Total expenses climbed 18 per cent to Rs 1,980.3 crore in the three months ended September.
India remained the company’s largest market, contributing Rs 1,230.6 crore in revenue, while its international business generated Rs 879.6 crore, both reflecting sequential and annual growth.
Lenskart also reported a stronger operating performance. Ebitda rose 44.5 per cent year-on-year to Rs 414.2 crore, lifting the Ebitda margin to 19.76 per cent from 16.52 per cent a year earlier, driven by improved unit economics and tighter cost controls.
The company continued to expand its global footprint during the quarter. Its Singapore arm acquired an 84.21 per cent stake in Stellio Ventures S.L (Meller) for about Rs 410 crore, and it increased its holding in Quantduo Technologies, making it a subsidiary.
These results come soon after Lenskart completed its IPO, raising about Rs 7,278 crore through a mix of new shares and an offer for sale.
Lenskart’s stock closed 0.86 per cent higher at Rs 411.20 on the BSE on November 29.
