Lenskart Solutions shares surged 4.8% to an intraday high of Rs 430.80 on the BSE on Monday, December 1, after the recently listed eyewear major announced its first quarterly results for the September quarter (Q2 FY26) on Saturday, November 29. The company reported strong year-on-year (YoY) growth in both profitability and revenue, reinforcing investor confidence following its debut earlier this month.
Lenskart reported a 20% YoY rise in consolidated profit after tax (PAT) to Rs 102.22 crore, compared to Rs 85.47 crore in the same quarter last year. This marks the company’s first earnings report since its listing.
Sequentially, the profit jumped 67%, a sharp rise from Rs 61.17 crore recorded in the previous quarter. For the half year ended September 2025, net profit stood at Rs 164.62 crore, more than doubling from Rs 75.35 crore in the corresponding period of the previous fiscal year. It is important to note that the reported PAT is attributable to the shareholders of the holding company.
The company’s revenue from operations rose 20.8% YoY to Rs 2,096.14 crore, up from Rs 1,735.68 crore in the same quarter last year. Total income for Q2 FY26 came in at Rs 2,129.40 crore, reflecting an 18% YoY increase.
Despite consolidated growth, Lenskart’s standalone profit saw a 7% YoY decline, dropping to Rs 99.10 crore from Rs 106.82 crore in Q2 FY25. The contraction in standalone profitability may draw investor attention even as overall group performance stays strong.
On Friday, Lenskart shares closed at Rs 410, giving the company a market capitalization of Rs 71,337 crore.
The stock listed on the bourses on November 10, 2025, at an issue price of Rs 402, raising Rs 7,278 crore through its IPO.
Global brokerage Jefferies has initiated coverage on Lenskart with a ‘Buy’ rating and a price target of Rs 500, citing significant under-penetration in India’s eyewear market and substantial long-term growth opportunities.
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