Eyewear retailer Lenskart Solutions Limited reported a profit of Rs 61.2 crore for the three months ended June 30, 2025 (Q1 FY26), compared with a loss of Rs 10.9 crore in the same period last year, according to its revised Red Herring Prospectus (RHP).
Revenue from operations grew 24.6 percent year-on-year to Rs 1,894.5 crore, up from Rs 1,520.4 crore in the June 2024 quarter. The company said the growth was driven by a wider store network, robust demand across both online and offline channels, and a rising contribution from international markets.
How much did Lenskart earn in Q1 FY26?
Lenskart reported a profit before tax of Rs 75.9 crore, compared with a loss of Rs 12.4 crore in Q1 FY25. Total income rose to Rs 1,934.1 crore, while total expenses stood at Rs 1,858 crore during the quarter.
The company said its improved bottom line reflects higher sales productivity, operating leverage from new stores, and disciplined cost management.
How did operating performance change?
Earnings before interest, tax, depreciation and amortisation (EBITDA) increased to Rs 336.6 crore in Q1 FY26 from Rs 183.4 crore a year earlier, supported by growth across categories and continued investment efficiency.
Finance costs were Rs 41 crore, while depreciation and amortisation expenses rose to Rs 181.2 crore, reflecting the expansion of company-owned stores and new technology infrastructure.
How did India and international operations perform?
The India business generated Rs 1,169.2 crore in revenue during the quarter, up from Rs 936 crore a year earlier. The international segment, which includes markets in the Middle East and Southeast Asia, contributed Rs 736.5 crore, compared with Rs 584.4 crore in Q1 FY25.
Segment results before depreciation and amortisation improved to Rs 228 crore for India and Rs 117 crore for international operations, underscoring steady growth across both regions.
When does the IPO open?
The anchor round opens on October 30, followed by the public offer between October 31 and November 4. Lenskart plans to raise Rs 2,150 crore through a fresh issue and an offer for sale of up to 12.76 crore shares by existing investors, including SoftBank, Kedaara Capital, ChrysCapital, and KKR.
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