Lenskart net profit doubles to Rs 232.5 crore in Q2
The eyewear retailer saw revenue grow 36 per cent year-on-year during the September quarter.
Lenskart reported a net profit of Rs 232.5 crore for the second quarter of financial year 2026-27, marking a more than two-fold increase from the Rs 103.5 crore recorded during the same period last year, according to Moneycontrol.
The Gurugram-based eyewear retailer's revenue from operations reached Rs 2,845 crore, up 36 per cent from the Rs 2,096 crore earned in the year-ago quarter. Earnings before interest, taxes, depreciation and amortisation (EBITDA) rose 65 per cent year-on-year to Rs 392 crore, while margins expanded to 13.8 per cent from 11.1 per cent.
In India, the company's revenue climbed 35.3 per cent year-on-year to Rs 1,668 crore, supported by a 26.5 per cent rise in eyewear volumes and higher demand for premium lenses. Same-store sales growth grew to 20.8 per cent, up from 14.8 per cent in the previous year.
Lenskart expanded its Indian presence by adding 143 net new stores and entering 61 new cities, bringing its total network to 2,868 stores across 665 cities. Total expenses for the firm rose 31 per cent to Rs 2,596.8 crore for the quarter ended September.
Lenskart Chairman, Managing Director and CEO Peyush Bansal said the company is building a culture from India for the world, noting that remote optometry is now available in 934 stores.