Lenskart reported a strong Q2 FY26 performance, with net profit rising 19.7% year-on-year to Rs 102.2 crore, compared with Rs 85.4 crore in the same quarter last year. Revenue grew 20.8% YoY to Rs 2,096 crore, while EBITDA surged 44.5% YoY to Rs 414.2 crore, improving margins to 19.76% from 16.52% a year ago.
On a sequential basis, net profit jumped 70.3%, aided by the absence of exceptional losses, while revenue rose 10.6% and EBITDA increased 23.3%, with margins expanding to 19.8% versus 18% in the previous quarter.
Alongside the earnings update, the company shared its outlook for the rest of the financial year. Lenskart said that consolidated EBITDA (pre-Ind AS 116) grew 54.9% YoY in H1 FY26, reflecting strong operational momentum.
For FY26, the company is targeting more than 450 net store additions in India, significantly higher than the 282 new stores added in FY25. While Lenskart does not issue formal guidance, it noted that performance indicators through the end of November point to a stronger revenue and EBITDA trajectory in Q3 FY26.
The company added that it remains focused on expanding retail presence across metros, tier-2 cities, and emerging markets as part of its long-term growth strategy.
