Mumbai, February 11, 2026, 16:28 (IST)
Lenskart Solutions Ltd reported a more than 70-fold jump in consolidated net profit for the October-December quarter to 131 crore rupees (1 crore = 10 million rupees), as revenue from operations rose 38.3% to 2,307.7 crore rupees. The eyewear retailer also booked an exceptional loss of 5.3 crore rupees, which it linked to expenses from the fresh issue in its initial public offering. (Moneycontrol)
The numbers land in the company’s first full earnings stretch as a listed stock, with investors watching whether the post-IPO story is moving from growth to cleaner profitability. EBITDA — earnings before interest, tax, depreciation and amortisation, a common proxy for operating profit — rose to 464 crore rupees, lifting the margin to 20.1% from 12.7% a year earlier. Shares closed 0.5% lower at 473 rupees before the results, while the benchmark Nifty 50 ended slightly higher. (NDTV Profit)
Inc42 put consolidated profit after tax at 132.7 crore rupees and said it rose 28% sequentially from 103.5 crore rupees in the prior quarter. Total income, including other income of 40.4 crore rupees, stood at 2,348.1 crore rupees, while expenses climbed 28% to 2,162.6 crore rupees; the company also recorded a 1.7 crore rupee loss from an associate, it reported. (Inc42 Media)
Ahead of the release, Lenskart had told exchanges its board would meet on Feb. 11 to approve unaudited results for the quarter and nine months ended Dec. 31, 2025, and it had lined up an earnings call at 5:30 p.m. IST. Shares listed on Nov. 10 at 395 rupees, a discount to the 402-rupee issue price, and had risen about 16% since listing, NDTV Profit reported earlier. (NDTV Profit)
Brokerage JM Financial Institutional Securities initiated coverage on Feb. 10 with a “buy” rating and a target price of 535 rupees, implying about 13% upside from then-current levels, according to Business Standard. The brokerage said Lenskart’s valuation sits at a premium to Indian consumer peers such as Titan and Avenue Supermarts’ DMart on an enterprise value-to-EBITDA basis — a yardstick that compares a company’s value to its operating profit — and pegged its footprint at 2,270 stores across 431 Indian cities and 679 stores overseas as of Sept. 30, 2025. (Business Standard)
Management has leaned on the runway argument. In a December earnings call, co-founder and CEO Peyush Bansal told analysts, “We have less than 5% market share in India,” pitching headroom even in a crowded retail market. (Lenskart)
But the headline profit jump also reflects a tiny base: the company posted 131.02 crore rupees in profit versus 1.85 crore a year earlier, according to ETMarkets. That makes the next few quarters messy to compare, and keeps the focus on whether margins hold as costs shift with store additions and overseas expansion. (The Economic Times)
Lenskart sells prescription glasses, sunglasses and contact lenses through its stores and online, and says it is building technology-led supply and distribution to widen access to eyewear. Its investor relations disclosures list key contacts in Gurugram and New Delhi. (Lenskart)
