The recently-listed company’s net profit increased 19.7% in the September quarter to ₹102.2 crore from the previous year’s ₹85.4 crore. It was also up 70.3% sequentially at ₹60 crore.
Its exceptional loss was nil compared to ₹10.4 crore in the previous quarter.
Its revenue increased 20.8% to ₹2,096 crore from ₹1,735.6 crore in the September quarter last year. The same increased 10.6% to ₹2,096 crore from ₹1,894.4 crore in the first quarter of the financial year 2025.
Lenskart’s earnings before interest, tax, depreciation and amortisation (EBITDA) increased 44.5% from the previous year’s ₹287 crore and 23.3% from the last quarter’s ₹336 crore to ₹414.2 crore.
Its margin expanded to 19.76% in the year-ago period and from 18% in the first quarter of FY25.
A day prior to the company’s earnings, brokerage firm Jefferies initiated coverage on the stock with a “buy” rating and a target price of ₹500 per share.
At just 5% market share, Lenskart, which is India’s largest tech-driven eyewear retailer, offers a strong growth potential, Jefferies wrote in its note. It cited Lenskart’s vertically integrated omni-channel model, which ensures cost efficiency, rapid delivery and superior customer experience as some of its key plus points.
Lenskart shares made their stock market debut on November 10, 2025 at a discount of 3% at 305 apiece from their issue price of ₹403 per share.
The stock ended the previous session 1% up at ₹411.8 apiece.
