Results · Commerce & Consumer Brands

Minimalist reports Q3 FY26 revenue and profit growth

By Startup Enthusiast · 11 February 2026

What they do

Minimalist is an eyewear brand that generates significant revenue from international markets

The company posted Rs 2,308 Cr in Q3 FY26 revenue with Rs 133 Cr profit

International sales now account for 40% of total revenue showing strong global expansion

Minimalist announced its Q3 FY26 financial results on 11 Feb 2026.
Revenue from operations reached Rs 2,308 Cr, marking a 36% year-on-year increase.
The company reported a profit of Rs 133 Cr, which is 71 times higher than the previous year.
Profit grew by 29% sequentially compared to the second quarter of FY26.
Total expenses increased by 28% to Rs 2,163 Cr during the quarter.
Material costs accounted for Rs 717 Cr, representing 33% of total expenses.
Employee benefit expenses rose sharply by 62.5% to Rs 528 Cr.
The post-trading share price stood at Rs 473 per share.

The sharp rise in employee benefits suggests significant hiring or compensation increases.
Material cost growth aligns with overall expense trends indicating operational scaling.
High profit multiples highlight improved efficiency or pricing power in recent quarters.

Minimalist operates as an eyewear brand selling optical products.
India contributes 60% of total revenue amounting to Rs 1,385 Cr.
International markets contribute 40% of revenue totaling Rs 936 Cr.
Global business forms a substantial 40% portion of the company's total revenue.
Nine months ending Dec 2025 saw revenue of Rs 6,298 Cr.
This nine-month period showed a 28% year-on-year revenue growth.
The company manages material procurement and employee costs across its operations.
Other income contributed Rs 40 Cr to the total income figure.
Total income for the quarter was recorded at Rs 2,348 Cr.