Lenskart's Scale Meets Profits
India, Aug. 17 -- Lenskart's recent results for the first quarter (Q1) of the financial year 2026-27 (FY27) suggest the company is entering a new phase. For years, the listed eyewear brand's strategy revolved around opening more stores, building its brands and bringing more Indians into organised eyewear. Now, after years of investing in stores, manufacturing, technology and acquisitions, Lenskart wants a bang for its buck.
Its Q1 numbers testify to this shift.
The listed eyewear brand's revenue rose 34% year-on-year (YoY) in the June quarter, while net profit jumped 182% to Rs.228 Cr. EBITDA grew 61%, and the consolidated product margin exceeded 70% for the first time. India remained the core growth driver, with revenue up 30.7% and sa...
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