Lenskart reports 32.5% revenue growth and profit more than doubles to ₹232 crore in Q2 FY27

Lenskart Solutions Limited announced a robust financial performance for the second quarter and first half of FY27. Revenue saw a substantial 32.5% year-on-year increase to ₹2,845 crore for Q2 FY27, while profit after tax more than doubled to ₹232 crore from ₹113 crore in the same period last year. The company also reported strong growth in its H1 FY27 results, with revenue up 33.0% to ₹5,559 crore and profit reaching ₹461 crore.

Lenskart Reports Strong Q2 FY27 Financials

Lenskart Solutions Limited has reported a significant increase in its financial performance for the second quarter and first half of the financial year 2027 (FY27). For the quarter ended September 30, 2026, the company’s revenue grew by 32.5% year-on-year to ₹2,845 crore, up from ₹2,147 crore in the corresponding period of the previous year. Profit after tax saw a more than doubling, reaching ₹232 crore, a substantial rise from ₹113 crore in the prior year.

This growth was driven by higher eyewear volumes, premiumisation, and strong demand across both India and international markets. The company’s EBITDA (pre-IndAS 116) also showed a marked improvement, growing 65.0% year-on-year to ₹392 crore, with margins expanding to 13.8% from 11.1%. This performance reflects the benefits of Lenskart’s integrated business model.

First Half FY27 Performance

For the first half of FY27 (H1 FY27), Lenskart’s revenue increased by 33.0% to ₹5,559 crore. Profit after tax for H1 FY27 stood at ₹461 crore, which is equivalent to 87% of the company’s full-year FY26 profit. Over the trailing 12 months, Lenskart’s revenue has surpassed ₹10,000 crore.

India and International Growth

The company experienced robust growth in its domestic market, with India revenue rising 35.3% year-on-year to ₹1,668 crore, supported by a 26.5% increase in eyewear volumes and growing demand for premium lenses. Same-store sales growth in India reached 20.8%. Internationally, revenue grew by 29.5% year-on-year to ₹1,201 crore, with strong performance across key markets like Japan and Southeast Asia.

Operational Highlights

Lenskart’s integrated manufacturing capabilities continue to support margins, with consolidated product margins maintained at 70.0%. In-house frame manufacturing saw a 71.7% year-on-year increase, while lens manufacturing grew by 52.2%. The company is also expanding its global network, adding 22 net new stores in the quarter, bringing its total global store count to 3,624. Technology integration, including remote optometry in 934 stores, remains a key focus.

The company generated ₹388 crore in operating cash flow during H1 FY27. Return on capital employed improved significantly to 22.5% in H1 FY27 from 14.6% in FY26, indicating efficient capital utilization and earnings growth.

Source: BSE

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