Lenskart Solutions Q1 FY 2026-27 Results: Net Profit Jumps 270% To Rs 222 Crore, Revenue Up 43%
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Lenskart Q1 FY 2026-27 Results: Eyewear retailer Lenskart Solutions reported a sharp rise in June quarter net profit, aided by a low base from a one-time loss in the year-ago period, while revenue and EBITDA also grew strongly during the quarter. EBITDA margin expanded on the back of higher profitability.
Lenskart Solutions Q1 FY 2026-27 Results: Eyecare services provider Lenskart Solutions on Wednesday reported a 182.3% year-on-year increase in profit after tax (PAT) to Rs 228 crore in the first quarter of FY27, compared with Rs 61 crore in the same quarter of the previous fiscal year.
Revenue from operations rose 33.6% year-on-year to Rs 2,714 crore during the quarter, compared with Rs 1,894 crore in Q1 FY26. EBITDA increased 61.3% year-on-year to Rs 589 crore.
Growth remained broad-based, with revenue from India operations rising 30.7% year-on-year, while international revenue increased 38%.
Consolidated product margin crossed 70% for the first time, reaching 70.3% in Q1 FY27, compared with 68.7% a year earlier. India's product margin increased to 64.2% from 63.4%, while international product margin rose to 77.1% from 75.9%.
EBITDA margin on a pre-Ind AS 116 basis increased to 13.3% from 9.1% in Q1 FY26. Overall EBITDA margin expanded to 21.7% from 18%, with margins at 21.4% for India and 21.9% for international operations.
PAT margin improved by 443 basis points year-on-year to 8.4% from 4%.
Lenskart Solutions said operating cash flow stood at Rs 297 crore during the quarter, exceeding capital expenditure of around Rs 207 crore. The capex included Rs 75 crore towards stores and Rs 132 crore for the step-up in plant capacity in Hyderabad.
Net cash flow before mergers and acquisitions and equity stood at Rs 116 crore.
Return on capital employed (ROCE) improved to 23.2% in Q1 FY27 from 14.6% in FY26, driven by EBIT growth and capital allocation.
Other Updates
Lenskart Solutions said its board had considered the acquisition of an additional equity stake in Baofeng Framekart Technology Limited, a joint venture between Lenskart Solutions and Geng Yongchao. The acquisition will be undertaken through Lenskart Solutions Pte. Ltd., Singapore, a wholly owned subsidiary of the company.
The board also considered the incorporation of a step-down subsidiary in South Korea under the name OWNDAYS Korea. The entity will be a wholly owned subsidiary of OWNDAYS Singapore, a step-down subsidiary of Lenskart Solutions.
The company also plans to incorporate Wenzhou Framekart Trade Co. Ltd. in China as a new step-down subsidiary.
Lenskart's board also considered the allotment of 5,85,561 equity shares of face value Rs 2 each to eligible employees upon the exercise of vested options granted under the Lenskart Employees Stock Option Plan, 2025.
Lenskart Solutions Share Price
Lenskart Solutions shares settled 0.35% lower at Rs 587 apiece on the BSE on Wednesday. The results were announced after market hours.
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Rochelle Britto is a business journalist with 8+ years of experience in financial journalism. She covers equity markets, corporate earnings, IPOs, commodities and the economy.
As a reporter with leading business publications, she has tracked financial markets and covered sectors including banking and financial services, retail, consumer goods, advertising and e-commerce.
Outside work, she enjoys travelling, discovering local cultures and spending time in nature.
