Share Price Jumps on Market Debut
Lenskart Solutions Ltd saw its share price surge by as much as 5.1% during Monday’s opening trade, following the release of its second-quarter results for FY26. This marked the eyewear retailer’s first earnings announcement since its recent stock-market listing. Early trades on the NSE recorded the stock at a high of Rs 431.3, up from the previous close of Rs 410.45. Notably, Lenskart shares have gained around 5% from their IPO issue price of Rs 402, after the company debuted on the exchanges in November.
Robust Profit Growth in Maiden Quarterly Report
The Gurugram-based company posted a near 20% year-on-year increase in net profit for Q2 FY26, reaching Rs 103.5 crore compared to Rs 86.3 crore in the same quarter last year. Sequentially, the profits were also significantly higher than Rs 61.2 crore reported in Q1 FY26, according to regulatory filings.
Revenue Expansion Driven by Domestic and International Markets
Lenskart’s revenue from operations climbed 21% year-on-year to Rs 2,096 crore, up from Rs 1,735.7 crore in Q2 FY25 and Rs 1,894.5 crore in the previous quarter. Total expenses rose 18% to Rs 1,980.3 crore, reflecting increased operational scale from Rs 1,671 crore a year earlier.
Domestic Segment Leads Growth
India remained the cornerstone of Lenskart’s business, generating Rs 1,230.6 crore in revenue during the quarter. This figure surpassed both the previous quarter and the corresponding period last year, underlining strong domestic demand.
International Markets Show Strong Momentum
International operations contributed Rs 879.6 crore, up from Rs 736.5 crore in Q1 FY26 and Rs 658.3 crore in Q2 FY25, signaling robust global expansion.
Overall Financial Performance
After accounting for inter-segment eliminations, Lenskart’s total revenue from operations stood at Rs 2,096.1 crore for the September quarter, marking a solid start to its public company journey.
