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Lenskart's profit doubles, revenue grows 36% in Q2

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Lenskart's profit doubles, revenue grows 36% in Q2

Omnichannel eyewear retailer Lenskart's net profit more than doubled in the second quarter of FY27, while revenue rose 36% year on year.

The growth was driven by higher eyewear volumes, premiumisation of products, and stronger demand in India and overseas.

Lenskart reported a net profit of Rs 227 crore for the second quarter (June-September period) of FY 27 compared to Rs 102 crore in the year-ago period, at a growth of 123%.

Revenue for this period was Rs 2,845 crore, a year-on-year (YoY) growth of 36%.

India revenue grew 35.3% year-on-year to Rs 1,668 crore, supported by 26.5% growth in eyewear volumes and rising demand for premium lenses. Same-store sales growth reached 20.8%, compared with 14.8% a year ago, with growth across metros and Tier I and II+ markets. International revenue grew by 29.5%.

Lenskart added 143 stores in India, including 94 in Tier II+ markets. It also entered 61 new cities. Its India network now spans 2,868 stores across 665 cities. The company conducted 80 lakh eye tests globally, up 40.4% year-on-year.

Lenskart said it maintained its consolidated product margin at 70%, compared with 69.2% a year ago, despite continued rupee depreciation. In-house frame manufacturing grew 71.7% YoY, while lens manufacturing increased 52.2%, helping offset currency pressures and strengthen control over product quality and costs.

The company has a manufacturing facility in Bhiwadi and is setting up another one in Hyderabad.

Lenskart said it continues to offer technology-enabled eye care, with remote optometry now available in 934 stores across India, compared with 303 a year ago.


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