Indian eyewear seller Lenskart’s quarterly profit soars on strong demand

Lenskart eyewear is displayed in drawers ahead of the company’s IPO announcement in Mumbai, India, October 27, 2025. REUTERS/Francis Mascarenhas · Reuters

Reuters

Wed, 11 February 2026 at 9:22 pm GMT+9 1 min read

In this article:

LENSKART.NS

-1.64%

(Corrects paragraph 1 to say profit rose seventy times, not nearly sevenfold)

Feb 11 (Reuters) - India’s ‌largest eyewear retailer Lenskart Solutions posted a ‌seventy-times increase in third-quarter profit on Wednesday, as demand growth for ​its prescription eyeglasses outpaced a rise in costs.

Consolidated net profit for the quarter ended December 31 surged to 1.31 billion rupees ($14.4 million) from 18.5 million rupees ‌last year, the ⁠company said.

Its revenue rose 38.8% to 23.08 billion rupees, outweighing total expenses which ⁠rose 28% to 16.9 billion rupees.

In an initiation note, analysts at Antique Stockbroking said that they see ​significant growth ​headroom for Lenskart in ​the largely unorganised eyewear ‌markets of India and Southeast Asia, since they control their own supply chain and distribution.

Revenue from Lenskart’s mainstay India business, which forms three-fifths of its topline, rose about 37%, helped by 28% same-store-sales growth ‌in the country.

Revenue from the ​company’s international segment, which includes ​Southeast Asia, Japan ​and the Middle East, jumped by nearly ‌40%.

About 80% of the ​company’s revenue comes ​from prescription eyeglasses, while sunglasses and contact lenses form the rest, Antique Stockbroking added.

Lenskart’s shares ​have risen 18% ‌since their trading debut on November 10.

($1 = ​90.6910 Indian rupees)

(Reporting by Abhirami G in Bengaluru; ​Editng by Eileen Soreng)

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