Results · Commerce & Consumer Brands

Lenskart Q1 profit jumps 269% to ₹222 crore

By Startup Enthusiast · 13 August 2026

What they do

Lenskart sells prescription glasses, sunglasses, contact lenses and accessories online and in stores

Q1 FY27 consolidated net profit surged 269% to ₹222 crore, revenue rose 43% to ₹2,714 crore

EBITDA margin improved to 21.68%, and the company added 132 new stores in the quarter

Lenskart reported Q1 FY27 consolidated net profit of ₹222 crore, up 269% from ₹60 crore a year ago.
Consolidated revenue from operations rose 43% to ₹2,714 crore.
Consolidated EBITDA was ₹589 crore, up 61% YoY, with margin expanding to 21.68% from 17.74%.
India revenue grew 30.7% YoY, while international revenue rose 38% to ₹1,203 crore.
The company added 132 net new stores (116 in India, 16 international), taking the total to 3,459 active stores.
Lenskart entered 50 new cities in India during the quarter.
Lenskart Gold active members reached 93.5 lakh, generating ₹66 crore in subscription fees, up 57.4% YoY.
The company conducted 0.7 crore eye tests, with nearly half of India tests being first-time users.

Lenskart's market capitalisation crossed ₹1 trillion on BSE on 10 August 2026.
In June 2026, Softbank executed a ₹2,873 crore stake sale, absorbed by Goldman Sachs, Morgan Stanley and Fidelity.
Several brokerages raised target prices: Jefferies to ₹680, Goldman Sachs to ₹715, Macquarie to ₹675, Motilal Oswal to ₹705.
The stock hit an all-time high of ₹627.35 on 13 August 2026.

Lenskart is a technology-driven eyewear company selling prescription eyeglasses, sunglasses, contact lenses and accessories.
It aims to build a tech-enabled supply and distribution system for affordable, quality eyewear for all.
Its brands are designed to be aspirational and appeal to wide customer segments.
As of Q1 FY27, it operated 3,459 active stores (2,725 in India, 734 international).
The company's India average selling price was ₹1,856, while international ASP was ₹5,267.
Consolidated product margin crossed 70% for the first time, reaching 70.3%.
Marketing expenses as a percentage of revenue fell to 4.8% from 5.7% a year ago.

Lenskart approved acquisition of additional 19% equity in Baofeng Framekart Technology Limited (China JV) for RMB 7.5 million (~₹10.6 crore), increasing stake from 51% to 70%.
It approved incorporation of OWNDAYS Korea, a step-down subsidiary in South Korea, with initial investment KRW 300 million (~₹2.02 crore).
It also approved incorporation of Wenzhou Framekart Trade Co., Ltd., a new step-down subsidiary in China.