Lenskart Q2 Results | Net profit rises to ₹102 crore, margin expands to 19.8%

Eyewear manufacturer Lenskart Ltd. reported a positive set of earnings for the second quarter on Saturday, November 29.

The recently-listed company's net profit increased 19.7% in the September quarter to ₹102.2 crore from the previous year's ₹85.4 crore. It was also up 70.3% sequentially at ₹60 crore.

Its exceptional loss was nil compared to ₹10.4 crore in the previous quarter.

Its revenue increased 20.8% to ₹2,096 crore from ₹1,735.6 crore in the September quarter last year. The same increased 10.6% to ₹2,096 crore from ₹1,894.4 crore in the first quarter of the financial year 2025.

Lenskart's earnings before interest, tax, depreciation and amortisation (EBITDA) increased 44.5% from the previous year's ₹287 crore and 23.3% from the last quarter's ₹336 crore to ₹414.2 crore.

Its margin expanded to 19.76% in the year-ago period and from 18% in the first quarter of FY25.

A day prior to the company's earnings, brokerage firm Jefferies initiated coverage on the stock with a "buy" rating and a target price of ₹500 per share.

At just 5% market share, Lenskart, which is India's largest tech-driven eyewear retailer, offers a strong growth potential, Jefferies wrote in its note. It cited Lenskart's vertically integrated omni-channel model, which ensures cost efficiency, rapid delivery and superior customer experience as some of its key plus points.

Lenskart shares made theirstock market debut on November 10, 2025 at a discount of 3% at 305 apiece from their issue price of ₹403 per share.

The stock ended the previous session 1% up at ₹411.8 apiece.

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