New Delhi, Nov 4 (PTI) Lenskart Solutions Ltd on Wednesday reported an over two-fold increase in consolidated net profit at Rs 232.45 crore for the second quarter ended September 30, 2026 driven by expansion of margins.
The eyewear firm had posted a profit after tax (PAT) of Rs 113 crore in the same period a year ago.
During the quarter, the PAT margin expanded 292 basis points to 8.2 per cent, a BSE filing said.
However, Lenskart's product margin in India fell to 63.4 per cent in September 2026 quarter from 64 per cent in the year ago period.
Revenue from operations increased by 35.72 per cent to Rs 2,845.03 crore during the quarter from Rs 2,096.14 crore a year ago.
Chairman, Managing Director and CEO, Peyush Bansal in a letter to shareholder said that over the trailing 12 months, the company's revenue crossed Rs 10,000 crore and PAT almost Rs 800 crore.
During the quarter, the company conducted 80 lakh eye tests out of which 70 lakh were done in India.
"India ASP (average selling price) grew by 6.9 per cent YoY to Rs 1,950, as more customers chose premium lenses - Owndays, Rodenstock, Tokai - and progressives took a larger share of the mix," the filing said.
During the quarter, Lenskart opened 165 net new stores, taking the total active stores to 3,624.
In India, Lenskart opened 143 net new stores and entered 61 new cities.
(This story has not been edited by THE WEEK and is auto-generated from PTI)