Lenskart records 125% profit growth in second quarter
Eyewear retailer Lenskart reported a consolidated net profit of ₹232.5 Cr for the September quarter, marking a significant year-on-year increase.
Lenskart’s consolidated net profit rose to ₹232.5 Cr in the second quarter of the 2027 fiscal year, a 124.7% increase compared to ₹103.5 Cr during the same period last year. The company’s operating revenue grew by 35.7% to reach ₹2,845 Cr, as total income reached ₹2,899.5 Cr when accounting for other income.
While the company experienced revenue growth, total expenses also rose by 31.1% to ₹2,596.8 Cr for the quarter. Despite the rising costs, revenue outpaced spending, allowing for higher profit margins compared to the previous fiscal year. Sequentially, the company saw marginal growth, with profits rising 1.8% and revenue increasing 4.8% over the first quarter.
Performance metrics indicate growth across both domestic and international operations. The Indian business contributed ₹1,667.9 Cr in revenue, a 35.5% increase, while the international segment reported revenue of ₹1,201.1 Cr. The international division notably improved its profitability, with segment profit rising from ₹31.1 Cr to ₹97.2 Cr year-on-year.