Results · Commerce & Consumer Brands

Lenskart posts ₹132.7 Cr profit in Q3 FY26

By Startup Enthusiast · 11 February 2026

What they do

Lenskart sells eyewear online and through stores across India and internationally

Q3 FY26 profit jumped 70 times year-on-year to ₹132.7 crore, revenue rose 38% to ₹2,307.7 crore

The company added 195 stores in the quarter and plans 420 new stores for the full year

Lenskart reported a consolidated profit after tax (PAT) of ₹132.7 crore for Q3 FY26.
This is a 70 times increase from ₹1.9 crore in the same quarter last year.
Operating revenue grew 38% year-on-year to ₹2,307.7 crore.
Total expenses rose 28% to ₹2,162.6 crore.
EBITDA (earnings before interest, taxes, depreciation, and amortisation) was ₹462.4 crore, up 91%.
The company sold 89 lakh eyewear units, up 30% year-on-year.
It conducted 63 lakh eye tests, a 54% increase.
Lenskart added 195 new stores in the quarter, a 141% jump from last year.

The results show strong operating leverage from an AI-first model, according to cofounder and CEO Peyush Bansal.
International business turned profitable with a ₹32.5 crore profit versus a loss of ₹42.5 crore last year.
India vertical profit surged 3.3 times to ₹160.8 crore.
Same-store sales grew 28% and same-pincode sales grew 36%.
Average selling price rose 7% due to a premium product mix.

Lenskart is an eyewear retailer that sells glasses, contact lenses, and sunglasses.
It operates both online and through physical stores in India and internationally.
It has a subscription program called Gold membership with 81 lakh active subscribers.
Gold members contributed 37% of sales in the quarter.
International business generated ₹935.9 crore in revenue, up 40% year-on-year.
India business revenue was ₹1,385.3 crore, up 36%.

Lenskart expects to add 420 new stores across FY26.
It is acquiring a 29.2% stake in South Korean startup iiNEER for ₹18.6 crore to build AI-enabled eye testing equipment.
It is investing about $5 million to acquire a 50% stake in Thailand’s Marco Optical, forming a joint venture with Sunrise (Matt Optical Co., Ltd) for backward integration in frame manufacturing, R&D, and training.