Bengaluru, August 13: Lenskart’s shares are rising by more than 2% in early morning trades on Thursday, August 13, following the company’s strong financials for the quarter ended June 30, 2026. This includes a consolidated net profit of ₹228.43 crore for Q1 FY27, a 273% increase from ₹61.2 crore reported during the same quarter last year. Sequentially, the net profits increased 12% from ₹203.6 crores.
During the quarter, revenues rose to ₹2,714.2 crore, a 43% year on year rise with total income increasing to ₹2,782.7 crore. The Delhi based eyewear brand has also seen its operational Earnings before interest, tax, depreciation and amortisation (EBITDA) jump 61% to ₹589 crore from ₹365 crore during the same period last year.The EBITDA margins have expanded 370 basis points YoY to 21.7% for the quarter, as against 18% from the corresponding period last year.
The company’s international business operations have risen 63% YoY to ₹1,203 crore for FY27, as compared to ₹736.45 crore during the same quarter last year. Its expanded store footprint, now numbering 3,459 outlets globally, along with a strong demand for its premium products, have also contributed to its strong revenue growth.
“We see our role as creating the market, not competing in it. India has not bought its glasses yet. Around 94 crore Indians will need eyeglasses—and our ambition is to serve every one of them across every income group, age, and town.”, Lenskart Founder and CEO Peyush Bansal said in a letter to shareholders.
Lenskart’s shares have risen 46% since its listing in November 2025, despite analysts’ concerns about the company’s growth prospects amid its high valuations and low profitability.
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