Mumbai, 16:28 IST, February 11, 2026
Lenskart Solutions Ltd posted a consolidated net profit of 131 crore rupees for the October-December quarter, soaring over 70 times compared to the same period last year. Revenue from operations climbed 38.3% to 2,307.7 crore rupees. The eyewear retailer also recorded an exceptional loss of 5.3 crore rupees, attributing it to expenses tied to its recent initial public offering. 1
The company reported its first full earnings as a public firm, with investors keenly assessing if the post-IPO phase is shifting from just growth to solid profitability. EBITDA — a key measure of operating profit excluding interest, tax, depreciation, and amortisation — climbed to 464 crore rupees, pushing the margin up to 20.1% from 12.7% last year. Before the announcement, shares dipped 0.5% to 473 rupees, while the Nifty 50 benchmark edged slightly higher. 2
Inc42 reported a consolidated profit after tax of 132.7 crore rupees, marking a 28% jump from 103.5 crore rupees in the previous quarter. Total income, which includes other income of 40.4 crore rupees, reached 2,348.1 crore rupees. Expenses rose sharply by 28% to 2,162.6 crore rupees. The company also noted a 1.7 crore rupee loss from an associate, according to the report. 3
Before the release, Lenskart informed exchanges that its board would meet on Feb. 11 to approve unaudited results for the quarter and nine months ending Dec. 31, 2025. An earnings call was scheduled for 5:30 p.m. IST. The shares, which debuted on Nov. 10 at 395 rupees—a discount to the 402-rupee issue price—have surged about 16% since listing, according to an earlier NDTV Profit report. 4
JM Financial Institutional Securities kicked off coverage on Feb. 10 with a “buy” rating on Lenskart, setting a target price of 535 rupees—around 13% above the stock’s price at that time, Business Standard reports. The brokerage noted that Lenskart trades at a premium versus Indian consumer peers like Titan and Avenue Supermarts’ DMart when measured by enterprise value-to-EBITDA, which gauges a firm’s value relative to operating profit. As of Sept. 30, 2025, Lenskart had expanded to 2,270 stores across 431 cities in India and maintained 679 stores internationally.
Management has emphasized the runway story. During a December earnings call, co-founder and CEO Peyush Bansal told analysts, “We have less than 5% market share in India,” highlighting room to grow despite a crowded retail landscape. 5
The headline profit surge masks a very small starting point: the company reported 131.02 crore rupees in profit, up from just 1.85 crore the previous year, according to ETMarkets. This makes quarter-to-quarter comparisons tricky and shifts attention to whether margins can hold steady amid rising costs from new stores and international expansion. 6
Lenskart offers prescription glasses, sunglasses, and contact lenses both online and in its stores. The company emphasizes its tech-driven supply chain and distribution network aimed at expanding eyewear access. Its investor relations information includes main contacts based in Gurugram and New Delhi. 7
