Lenskart Solutions Limited has reported robust financial results for the second quarter of Fiscal Year 2027. The company announced a 32.5% year-on-year revenue growth, reaching ₹2,845 crores. EBITDA saw a significant jump of 46.6% to ₹624 crores, with Profit After Tax more than doubling to ₹232 crores. The company highlighted continued expansion in both domestic and international markets, alongside product innovation and customer experience initiatives.
Lenskart Solutions Limited Reports Strong Q2 FY27 Performance
Lenskart Solutions Limited has announced its financial results for the second quarter of Fiscal Year 2027, showcasing significant growth across key metrics. The company reported a substantial 32.5% year-on-year increase in revenue, reaching ₹2,845 crores. This strong top-line performance was complemented by a healthy EBITDA growth of 46.6% year-on-year, amounting to ₹624 crores.
Profit After Tax (PAT) more than doubled, reaching ₹232 crores for the quarter. The company also highlighted strong growth in EBITDA Pre-Ind AS, which grew 65%, outpacing revenue growth and leading to an expansion in margins from 11.1% to 13.8%. For the half-year period, revenue increased by 1.3x year-on-year to ₹5,559 crores, with EBITDA Pre-Ind AS growing 1.8x to ₹753 crores.
Operational Highlights and Strategic Focus
Operationally, Lenskart conducted 80 lakh eye tests globally, a 40% increase year-on-year. The company added 165 net new stores globally, expanding its network to 3,624 stores. In India, same-store sales growth stood at 20.8%. Lenskart Gold also crossed 1 crore active members in India, showing a 39% year-on-year growth.
The company emphasized its long-term strategy centered around evolving the business into an engineering company. Key pillars include owning the entire supply chain, building strong brands, and continuous innovation in customer experience and product development. Initiatives like the new concept store, Lenskart evolv, and the Hustlr Club initiative, offering high-quality glasses at ₹500, are aimed at expanding market reach and enhancing customer value.
International Expansion and Future Outlook
International business also demonstrated strong growth, with revenue up 29.5% to ₹1,201 crores, and EBITDA up 87% to ₹127 crores, achieving a margin of 10.6%. Lenskart is focused on sustained volume growth and expanding its market presence, particularly in Tier 2+ cities in India and key international markets, while maintaining a healthy balance sheet and disciplined capital allocation.
Source: BSE
