Eyewear brand Lenskart announced its Q2 FY27 financial results today, posting a 36% year-on-year increase in consolidated operating revenue, backed by growth across both domestic and international markets. Its net profit more than doubled to Rs 232 crore during the quarter.
The company’s revenue from operations increased to Rs 2,845 crore in Q2 FY27 from Rs 2,096 crore in the same quarter last year, according to its financial statements sourced from NSE.
Both domestic and international markets contributed to the company’s growth at a similar pace. Revenue from the India business grew 35.5% year-on-year to Rs 1,668 crore in Q2 FY27, while the international business recorded a 36.5% increase to Rs 1,201 crore.
On a quarterly basis, Lenskart’s revenue from operations grew 5% from Rs 2,714 crore in Q1 FY27.
On the expense side, the cost of materials remained the largest expense head, accounting for 33% of the total expenditure. It increased 31% year-on-year to Rs 854 crore in Q2 FY27. Employee benefit expenses also rose 25% to Rs 627 crore from Rs 503 crore in the year-ago quarter. Finance costs and depreciation were other major expense heads, taking total expenses up 22% to Rs 2,597 crore during the quarter.
The 36% growth in revenue, which outpaced the rise in total expenses, helped Lenskart more than double its net profit to Rs 232 crore in Q2 FY27, compared with Rs 103 crore in the year-ago quarter. 86%.
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