Eyewear retailer Lenskart reported a powerful efficiency within the third quarter of FY26, supported by each sequential and year-on-year development, even because it continued to deploy capital into acquisitions.
The corporate’s income from operations rose 38.3% year-on-year to Rs 2,308 crore in Q3 FY26 from Rs 1,669 crore within the corresponding quarter final yr, in keeping with its monetary assertion. On a sequential foundation, income elevated 10.1% from Rs 2,096 crore in Q2 FY26. For the 9 months ended December 2025, income grew 28% to Rs 6,298 crore from Rs 4,925 crore a yr earlier.
India accounted for 60% of complete income at Rs 1,385 crore, whereas worldwide markets contributed 40% at Rs 936 crore. Inter-segment income stood at -Rs 13.49 crore. Different revenue of Rs 40 crore took complete revenue for the quarter to Rs 2,348 crore.
Internet revenue surged 71.6x to Rs 132.7 crore in Q3 FY26 from Rs 1.85 crore a yr earlier. On a sequential foundation, revenue rose about 29% from Rs 103 crore in Q2 FY26. Revenue attributable to house owners of the mother or father stood at Rs 131 crore in Q3, up 28.2% quarter-on-quarter from Rs 102 crore.
On the fee aspect, materials prices accounted for 33% of complete bills and rose 31% year-on-year to Rs 717 crore. Worker profit bills elevated 62.5% to Rs 528 crore. Complete bills rose 28% to Rs 2,163 crore in Q3 FY26.
The corporate additionally expanded by way of acquisitions. Its wholly owned subsidiary, Lenskart Singapore Pte. Ltd., acquired an 84.21% stake in Stellio Ventures S.L for Rs 410.27 crore, together with deferred consideration of Rs 52.36 crore payable to the founders inside three years and 45 days from August 11, 2025.
It elevated its stake in QuantDuo Applied sciences Pvt. Ltd. to 96.57% with an extra 79.19% acquisition for Rs 11.40 crore. It invested Rs 21.50 crore for a 5.05% stake in Dimension NXG Pvt. Ltd., categorised as an affiliate.
Lenskart Singapore additionally acquired a 21.60% stake in iiNeer Co. Ltd. for Rs 12.67 crore, with an settlement to buy an extra 7.60% stake, additionally categorised as an affiliate.