Eyewear retail major Lenskart Solutions on Wednesday reported an exponential growth in its consolidated net profit, which skyrocketed to ₹131.03 crore for the quarter ended December 31, 2025. This marks a 6,983% jump compared to the ₹1.85 crore profit recorded in the same quarter of the previous fiscal year. The massive bottom-line growth was supported by a robust 38.3% rise in revenue from operations, which climbed to ₹2,307.73 crore (up from ₹1,668.84 crore in Q3 FY25).

Operational efficiency and margin expansion

The company’s operational engine showed strengthening during the quarter under review. EBITDA surged 118.8% YoY to ₹464.13 crore, with EBITDA margins expanding to 20.0% from 12.7% in the year-ago period. CEO Peyush Bansal described the results as a "turning point," noting that years of investment in technology, supply chain, and vertical integration have triggered a "compounding phase." This structural operating leverage ensures that as revenue scales, a significantly higher percentage flows directly to the operating profit.

Record sales growth 

Lenskart’s expansion in the Indian market continues to outpace the industry, delivering a 28% same-store sales growth (SSSG) and 36% same-pincode sales growth (SPSG) in Q3 FY26. The 800-basis-point premium in pincode growth proves that the brand is densifying its store network without cannibalising existing sales.

Furthermore, the company is actively expanding the total addressable market (TAM) rather than just fighting for market share. Of the 6.3 million eye tests performed this quarter—a 54% increase YoY—nearly 49% were first-time exams, bringing millions of new consumers into the vision correction category.

Global expansion and future outlook

The international segment is mirroring India’s success, with revenue growing 32.7% YoY. Notably, international EBITDA margins improved to 6.1%, tracking ahead of the India business's historical trajectory at a similar scale.

Lenskart added 195 net new stores during the quarter (169 in India and 26 internationally), bringing its total 9-month additions for FY26 to 420 stores. Guided by its AI-driven "GeoIQ" site selection algorithm, the company maintains a high-efficiency retail footprint. With a record Net Promoter Score (NPS) of 80.9 and 8.1 million active Gold members, Lenskart is leveraging its AI-first global platform to scale fashion brands like Meller, which itself grew 42% YoY.

The shares of Lenskart Solutions ended 0.50% lower at ₹473 apiece on the national stock exchange on Wednesday. Till date, the stock has risen almost 17% since its listing on November 10, 2025.