Eyewear retailer Lenskart Options has reported a virtually three-fold rise in quarterly revenue, helped by greater gross sales in India and worldwide markets and improved margins.
In keeping with the corporate, its PAT rose to Rs 228 crore within the quarter ended 30 June 2026, from Rs 81 crore a 12 months earlier on a pro-forma foundation, whereas income from operations elevated 33.6% year-on-year to Rs 2,714 crore in Q1 FY27.
Lenskart makes use of pro-forma monetary figures in its shareholder communication to supply a like-for-like comparability following current acquisitions, together with Dealskart, GeoIQ and worldwide eyewear model Meller. The corporate mentioned its pro-forma and reported figures have been similar since Q3 FY26.
Development was broad-based, with income from the India enterprise rising 30.7% to Rs 1,531 crore.
The corporate mentioned it added 116 internet new shops in India in the course of the quarter, together with 83 in Tier-2 and smaller markets, and entered 50 new cities. India same-store gross sales development stood at 18.3%.
Worldwide income rose 38% to Rs 1,203 crore. On a constant-currency foundation, worldwide income grew by about 29%, with the corporate reporting development throughout Japan, Southeast Asia, the Center East and different markets.
Lenskart added 16 internet new shops abroad in the course of the quarter, taking its worldwide retailer rely to 734.
Margins additionally improved. Consolidated product margin crossed 70% for the primary time, reaching 70.3% in contrast with 68.7% a 12 months earlier.
Product margin in India elevated to 64.2% from 63.4%, whereas the worldwide enterprise recorded a margin of 77.1%, up from 75.9%.
Consolidated EBITDA margin rose to 21.7% from 18% a 12 months earlier. On a pre-Ind AS 116 foundation, EBITDA elevated 95% year-on-year to Rs 361 crore, whereas the margin expanded to 13.3% from 9.1%.
In India, pre-Ind AS 116 EBITDA rose 51.5% to Rs 236 crore, with the margin rising to fifteen.4% from 13.3%. It mentioned greater product margins and decrease advertising prices as a proportion of income helped profitability, whereas prices associated to staffing newly opened shops offered some offset.
Lenskart additionally reported greater buyer exercise in the course of the quarter. It performed about seven million eye checks, up 39.8% from a 12 months earlier. India accounted for about 6.3 million checks, a rise of 42.7%.
Eyewear volumes elevated 25.7% throughout the group. In India, volumes rose 22.8% to eight.2 million items, whereas the typical promoting worth elevated 6.4% to Rs 1,856.
The corporate added 132 internet new shops globally in the course of the quarter, in contrast with 83 a 12 months earlier, taking its complete variety of energetic shops to three,459.
Working money move stood at Rs 297 crore, exceeding capital expenditure of about Rs 207 crore.
Lenskart spent Rs 75 crore on shops and upgrades, together with new openings, refurbishments and remote-optometry deployment. An additional Rs 132 crore was spent on plant and different capital expenditure, largely in direction of its Hyderabad manufacturing facility.
Its internet money move earlier than mergers and acquisitions and fairness transactions stood at Rs 116 crore, whereas its internet money stability excluding IPO-related payables was Rs 4,104 crore on the finish of the quarter.
Return on capital employed rose to 23.2% from 14.6% in FY26, which Lenskart attributed to greater earnings earlier than curiosity and tax and disciplined capital allocation.
Co-founder Peyush Bansal mentioned within the firm’s letter to shareholders “We see our function as creating the market, not competing in it.”
The outcomes comply with a collection of secondary stake gross sales by Lenskart’s institutional buyers, disclosed individually by way of inventory trade filings.
Temasek-backed MacRitchie Investments sold about 2.05% of the corporate in July for an estimated Rs 1,940 crore, decreasing the mixed holding of Temasek entities to 4.75% from 6.8%.
In June, Abu Dhabi Funding Authority-backed Platinum Jasmine A 2018 Belief bought a 2.3% stake for Rs 1,960 crore. The transaction concerned 40 million shares bought at Rs 490 every.
Earlier that month, SoftBank affiliate SVF II Lightbulb (Cayman) bought a 3.25% stake in Lenskart by way of a block deal price about Rs 2,873 crore.