Lenskart Q1 FY26: Profit rises to Rs 61 crore as revenue grows 25% ahead of IPO

Lenskart Reports Rs 61.2 Crore Q1 Profit, announces Rs 2,150 Crore IPO with Strong Investor Backing.

Expert Analysis:

• Financial Turnaround: Lenskart Solutions Limited posted a profit of Rs 61.2 crore in Q1 FY26, compared with a loss of Rs 10.9 crore in the same period last year.

• Revenue Growth: Revenue from operations grew 24.6 percent year-on-year to Rs 1,894.5 crore, up from Rs 1,520.4 crore in the June 2024 quarter.

• Profit Before Tax and Income: The company reported a profit before tax of Rs 75.9 crore, compared with a loss of Rs 12.4 crore in Q1 FY25, as total income rose to Rs 1,934.1 crore and total expenses stood at Rs 1,858 crore during the quarter.

• Profitability Drivers: EBITDA increased to Rs 336.6 crore from Rs 183.4 crore a year earlier, supported by improved sales productivity and disciplined cost management.

• Finance and Depreciation Costs: Finance costs stood at Rs 41 crore, while depreciation and amortization expenses rose to Rs 181.2 crore, reflecting the expansion of company-owned stores and new technology infrastructure.

• Segment Revenue Performance: The India business generated Rs 1,169.2 crore in revenue during the quarter, up from Rs 936 crore a year earlier, while the international segment contributed Rs 736.5 crore, compared with Rs 584.4 crore in Q1 FY25.

• IPO Details: Lenskart’s Rs 2,150-crore IPO includes a fresh issue and an offer for sale of 12.76 crore shares, with the anchor round opening on October 30.