Lenskart Q2 FY26 Results: Profit Up 20%, Revenue Rises 21% in First Post-IPO Quarterly Report

Lenskart Solutions has released its first quarterly results since its IPO, reporting 20% profit growth and 21% revenue growth in Q2 FY26. The eyewear giant continues to expand its footprint both in India and internationally, with strong operational performance.

Lenskart Q2 FY26 Results Overview

Lenskart Solutions, a leading company in eyewear and eye care products, posted its first quarterly earnings after its IPO. For the quarter ended September 30, 2025, the company reported significant growth in both profit and revenue.

Profit Growth

• Net Profit: The company’s net profit rose 19.8% year-on-year to ₹103.4 crore, compared to ₹86.3 crore in the same quarter last year.

• Revenue: Total operating revenue for Q2 FY26 increased by 21%, rising from ₹1,735.68 crore last year to ₹2,096.14 crore.

• EBITDA: Lenskart’s EBITDA jumped 44.5% to ₹414.2 crore, up from ₹287 crore in Q2 FY25. EBITDA margin improved from 16.52% to 19.76%.

• Total Expenses: Total expenses for the quarter were ₹1,980.3 crore, an 18% increase from ₹1,671 crore in the previous year and ₹1,836.6 crore in Q1 FY26.

India vs International Business

• India Business: Consolidated segment data shows India continues to contribute the largest share, with ₹1,230.6 crore in Q2 FY26, up from ₹1,169.2 crore in Q1 and ₹1,088.8 crore last year.

• International Segment: Revenue from international operations reached ₹879.6 crore, up from ₹736.5 crore last quarter and ₹658.3 crore in Q2 FY25. After inter-segment eliminations, total operating revenue was ₹2,096.1 crore, compared to ₹1,894.5 crore in Q1 FY26.

• Lenskart’s international expansion is growing rapidly, with operations in Singapore, UAE, Thailand, and Saudi Arabia.

Lenskart IPO Listing Overview

Lenskart made its stock market debut on November 10, 2025. The shares listed at:

• BSE: ₹390 (2.99% discount to issue price of ₹402)

• NSE: ₹395 (1.74% below issue price)

The IPO was 28.26 times oversubscribed, with QIB subscription exceeding 40 times, reflecting strong investor confidence in the brand and growth plans.

Strong Business Model

Lenskart’s business is not just about selling eyewear in stores. Its strength lies in:

• Own manufacturing + supply chain

• Omnichannel presence: online and offline

• Fast home delivery & try-at-home options

• Cost control and attractive unit economics

This vertically integrated ecosystem gives Lenskart a competitive edge over traditional players.

Share Price Update

• Last session: ₹411.20 (up 0.86%)

• 52-week high: ₹438.65

• 52-week low: ₹355.70

• Market capitalization: ₹71,337.86 crore

Conclusion

Lenskart’s Q2 FY26 results highlight a strong operational performance in both domestic and international markets. With robust profit and revenue growth post-IPO, the company continues to strengthen its position as a leading eyewear solutions provider.