Eyewear large Lenskart has reported a robust second quarter for FY26, marking its first earnings announcement since going public in November.
The corporate posted a internet revenue of Rs 103.5 crore, an nearly 20% rise from Rs 86.3 crore a yr earlier, and a pointy enchancment from the Rs 61.2 crore revenue recorded within the June quarter.
Income from operations grew 21% yr on yr to Rs 2,096.1 crore, in comparison with Rs 1,735.7 crore in Q2 FY25 and above Rs 1,894.5 crore generated in Q1. Whole bills had been Rs 1,980.3 crore. Revenue earlier than tax stood at Rs 147.99 crore, whereas earnings per share had been Rs 0.61.
India remained the core enterprise, contributing Rs 1,230.6 crore in Q2 FY26, up from Rs 1,088.8 crore a yr earlier. Worldwide operations delivered Rs 879.6 crore, rising strongly from Rs 658.3 crore in the identical interval final yr.
For the primary half of FY26, Lenskart reported complete revenue of Rs 4,075.5 crore and revenue after tax of Rs 164.6 crore, greater than double the Rs 75.4 crore earned within the first half of FY25.
For the complete yr FY25, the corporate posted complete revenue of Rs 7,009.3 crore and revenue after tax of Rs 297.3 crore.
Lenskart plans so as to add over 450 internet new shops in India in FY26, in comparison with 282 in FY25. The corporate highlighted enhancing profitability, stating that PAT margin has risen by 860 foundation factors, from –3.3% in FY23 to five.3% in Q2 FY26.
It mentioned its product margin stands at 69.2%, supported by scale and vertical integration, serving to maintain body and lens prices 35–40% beneath trade averages.
Co-founder and chairman Peyush Bansal mentioned years of funding at the moment are yielding robust working leverage, with income up 25.3% yr on yr and EBITDA (earlier than IndAS 116 changes) up 54.9% within the first half of FY26.
He added, “We’re increasing the market, not solely competing in it. Nearly half of the attention exams we conduct are for patrons having their very first eye examination… Our objective is to be the platform enabling the subsequent era of world eyewear manufacturers.”