Lenskart Shares Jump Over 5% After Strong Q2 FY26 Results in First Earnings Post IPO

Lenskart Solutions Ltd, the newly listed eyewear retailer, delivered a strong set of numbers in its first earnings announcement after going public — and the stock market reacted instantly. Shares of the company surged over 5% in early trade on Monday, driven by robust profitability, solid revenue growth, and broad-based expansion across both India and international markets in Q2 FY26.

This was Lenskart’s maiden quarterly performance as a publicly traded company since its November stock market debut, and investors clearly liked what they saw.

Share Price Jumps More Than 5% Post-Earnings

In the opening minutes of Monday’s trade, Lenskart’s share price climbed as much as 5.1%. The stock touched a high of Rs 431.3 on the NSE, compared to its previous close of Rs 410.45.

With this rally, Lenskart is now up around 5% from its IPO issue price of Rs 402, reinforcing investor confidence in the company’s early execution as a listed business.

This strong market reaction highlights that the quarterly numbers were not just stable — they were decisively strong.

Net Profit Rises Nearly 20% YoY; Jumps Sequentially Too

The highlight of Lenskart’s Q2 FY26 results was the sharp improvement in profitability.

Net profit in Q2 FY26: Rs 103.5 crore

Net profit in Q2 FY25: Rs 86.3 crore

YoY Growth: ~20%

The rise wasn’t limited to the year-on-year performance. Lenskart also showed a significant sequential increase:

• Q1 FY26 net profit: Rs 61.2 crore

• Q2 FY26 net profit: Rs 103.5 crore

This sequential jump reflects improved operational efficiency, stronger demand, and better margin execution, as highlighted in the company’s regulatory filings.

Also Read: Manufacturing, Rural Demand Lift India’s Q2 GDP, But Experts Warn Growth May Cool Ahead

Revenue From Operations Up 21% YoY

Alongside profit growth, Lenskart also saw strong traction in its top line.

Revenue from operations in Q2 FY26: Rs 2,096 crore

Revenue in Q2 FY25: Rs 1,735.7 crore

YoY Growth: 21%

Sequentially, the performance was also solid, with revenue rising from Rs 1,894.5 crore in Q1 FY26.

This consistent revenue growth shows rising consumer demand and Lenskart’s expanding footprint across geographies.

Expense Growth Remains Controlled at 18%

Even as revenues increased sharply, Lenskart kept its expense growth relatively lower at 18% YoY, which supported profit expansion.

Total expenses in Q2 FY26: Rs 1,980.3 crore

Total expenses in Q2 FY25: Rs 1,671 crore

The gap between revenue growth (21%) and expense growth (18%) further contributed to improvement in profitability and margin performance.

India Business Anchors Growth With Strong Spending Momentum

India continues to be the backbone of Lenskart’s business, contributing significantly to the overall performance.

India revenue in Q2 FY26: Rs 1,230.6 crore

This was higher than both:

• The previous quarter, and

• The year-ago period,

indicating sustained demand in the domestic eyewear market.

Lenskart’s strong brand recall, expanding store network, and wider product mix continue to keep India as the company’s largest revenue contributor.

International Markets Deliver Impressive Growth

While India remained strong, Lenskart’s international operations also posted impressive numbers.

International revenue in Q2 FY26: Rs 879.6 crore

International revenue in Q1 FY26: Rs 736.5 crore

International revenue in Q2 FY25: Rs 658.3 crore

This reflects strong demand in global markets and demonstrates the company’s growing presence outside India.

Total Revenue After Inter-Segment Eliminations: Rs 2,096.1 Crore

After adjusting for inter-segment eliminations, Lenskart’s total revenue from operations stood at Rs 2,096.1 crore for the September quarter.

This aligns with the reported revenue from operations figure, confirming a clean and stable revenue structure for the reporting period.

A Strong First Impression as a Newly Listed Company

Lenskart’s maiden earnings as a public company have delivered a strong first impression to investors. With nearly 20% profit growth, strong revenue expansion, controlled costs, and healthy performance across domestic and international segments, the company has set a positive tone for upcoming quarters.

The market’s reaction — a sharp 5% surge in the stock price — reflects confidence in Lenskart’s growth strategy and operational execution.

As global brokerages turn increasingly optimistic on India’s earnings environment and valuation reset, Lenskart’s solid Q2 performance adds further strength to the market narrative.

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