Lenskart More Than Doubles Profit; Shares Up 6%

Mumbai, November 05: Lenskart Solutions Limited (NSE: LENSKART; BSE: 544600) reported a 32.5% year-on-year increase in revenue to ₹2,845 crore for the quarter ended September 30, 2026, compared with ₹2,147 crore in the corresponding quarter last year.

Profit after tax more than doubled to ₹227 crore from ₹102 crore, while adjusted EBITDA increased 65% to ₹392 crore from ₹237 crore. The company’s board approved the unaudited financial results on November 4, 2026.

India Business and Store Expansion

Revenue from India grew 35.3% year-on-year to ₹1,668 crore, supported by 26.5% growth in eyewear volumes and rising demand for premium lenses. Same-store sales growth reached 20.8%, compared with 14.8% a year earlier.

Lenskart added 143 net new stores in India during the quarter, including 94 in Tier 2+ markets, and entered 61 new cities. Its domestic network expanded to 2,868 stores across 665 cities.

The company also conducted 80 lakh eye tests globally during the quarter, while its Lenskart Gold membership base crossed one crore active members in India.

International Business and Manufacturing

International revenue increased 29.5% year-on-year to ₹1,201 crore. International EBITDA rose 86.8% to ₹127 crore, with the segment’s EBITDA margin expanding to 10.6% from 7.3%.

The company added 22 net new international stores, taking its global network to 3,624 stores across 12 countries.

Lenskart maintained its consolidated product margin at 70%, compared with 69.2% a year earlier. In-house frame manufacturing grew 71.7% year-on-year, while lens manufacturing increased 52.2%.

Stock Market Snapshot

The Lenskart share price was trading at ₹732.50, up ₹42.80 or 6.21% on Thursday, November 5, 2026, at 9:40:59 AM IST, compared with the previous close of ₹689.70. The stock opened at ₹750.

About Lenskart Solutions Limited

Founded in 2008, Lenskart Solutions Limited operates an integrated eyewear business spanning designing, manufacturing, branding and retailing. Its product portfolio includes prescription eyewear, sunglasses, contact lenses and eyewear accessories.

Conclusion

Lenskart delivered strong Q2 FY27 growth, with revenue increasing 32.5% and profit more than doubling year-on-year. Growth across India and international markets, along with higher manufacturing output and expanding retail operations, supported its quarterly performance.

Source:

• https://www.nseindia.com/get-quote/equity/LENSKART/Lenskart-Solutions-Limited
• https://nsearchives.nseindia.com/corporate/LENSKART_04112026161516_Press_Release_Intimation_dated_04112026.pdf