Eyewear retailer Lenskart Solutions Limited has delivered a strong performance for the quarter ended June 30, 2025 (Q1 FY26), posting a net profit of ₹61.2 crore, compared to a loss of ₹10.9 crore in the same quarter last year. The company’s robust growth comes just days before its much-awaited ₹2,150 crore IPO.
Lenskart’s revenue from operations jumped 24.6% year-on-year to ₹1,894.5 crore from ₹1,520.4 crore in Q1 FY25, driven by strong demand across both online and offline channels and steady expansion in domestic and international markets.
The company’s profit before tax (PBT) stood at ₹75.9 crore, compared to a loss of ₹12.4 crore a year ago. Total income rose to ₹1,934.1 crore, while total expenses increased to ₹1,858 crore, reflecting higher marketing and expansion costs.
Lenskart’s EBITDA surged to ₹336.6 crore from ₹183.4 crore in Q1 FY25, supported by higher sales productivity, improved product margins, and cost discipline.
Finance costs: ₹41 crore
Depreciation & amortisation: ₹181.2 crore
Product Margin: 68.1% (flat YoY)
The company attributed the improvement to better operating leverage from its growing store network and investments in technology infrastructure.
The India business continues to lead performance with a 25% year-on-year revenue growth. Meanwhile, the international segment — covering the Middle East and Southeast Asia — grew over 26%, underlining Lenskart’s accelerating global presence.
Highlights:
Transacting customer accounts: 4.43 million (up from 3.41 million YoY)
Eyewear units sold: 7.8 million (up from 6.35 million YoY)
Store count: 2,806 (up from 2,435 YoY)
Operating cash flow: ₹283 crore
Lenskart’s expanding footprint, coupled with efficient store performance, continues to strengthen its omnichannel growth strategy.
Lenskart’s IPO is among the most anticipated public issues in 2025. The anchor round opens on October 30, followed by the public offer between October 31 and November 4, 2025.
The offering includes:
Fresh issue: ₹2,150 crore
Offer for sale (OFS): 12.76 crore shares by existing investors like SoftBank, Kedaara Capital, ChrysCapital, and KKR
Lenskart’s Q1 FY26 performance reflects strong demand momentum, improved profitability, and effective cost control — signaling a confident entry into the public markets. With a rapidly expanding store network and rising global presence, the company is well-positioned to sustain its growth trajectory.
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