**Lenskart Reports Strong Q2FY26 Earnings with Significant Growth**
Lenskart has announced impressive financial results for the second quarter of the financial year 2025-26 (Q2FY26), showcasing a remarkable year-on-year (YoY) growth in operating revenue. The company reported operating revenue of ₹21,466 million, reflecting a 23.9% increase compared to the same period last year. For the first half of the fiscal year (H1FY26), total revenues reached ₹41,788 million, marking a 25.3% YoY growth.
In terms of profitability, Lenskart reported an EBITDA of ₹4,258 million for Q2FY26, which is a 34.5% increase YoY. The EBITDA for H1FY26 stood at ₹7,908 million, up 37.1% YoY. The profit after tax (PAT) for Q2FY26 was ₹1,130 million, representing a substantial 49.6% YoY growth, while the PAT for H1FY26 reached ₹1,937 million, nearly doubling with a 98.1% YoY increase.
Notably, Lenskart’s H1FY26 PAT of ₹1,937 million is close to matching the full-year adjusted PAT of ₹2,140 million for FY25, achieved in just six months. The PAT margin also improved significantly, rising from 2.9% to 4.6%.
The company highlighted strong growth indicators, with the Indian market contributing to a 24.7% revenue growth YoY in H1FY26. The EBITDA margin in India increased to 19.5%, up from 16.0% in H1FY25. Internationally, Lenskart experienced a 26.1% revenue growth with an EBITDA margin of 18.2%, indicating balanced growth across its markets. Volume growth was a key driver, contributing to a 22% YoY increase in revenue.
In terms of store performance, Lenskart reported a Same-Store Sales Growth (SSSG) of 15.3% in India for H1FY26, alongside the opening of 203 new stores, a significant increase from 86 stores last year. Internationally, growth was primarily driven by Same-Store performance, with only 22 net new stores added.
Operationally, Lenskart achieved notable milestones in Q2FY26, selling 8.3 million units (up 20.2% YoY), adding 143 new stores, and conducting 5.6 million eye tests (up 44.3% YoY). In H1FY26, the company sold 16.7 million units (up 22% YoY), opened 225 new stores (up 101% YoY), and performed 10.7 million eye tests (up 46.9% YoY). The growth in eye tests was attributed to the introduction of remote eye-testing capabilities, allowing optometrists to conduct accurate assessments using AI-enabled diagnostic systems.
Lenskart also noted that 46% of eye tests were conducted for first-time customers, highlighting an increasing awareness of refractive errors and the company’s role in expanding the market. The company has expanded its presence to 32 new cities, with a significant acceleration in Tier 2+ expansion, adding 93 net new stores in H1FY26 compared to just 14 in the same period last year.
Additionally, Lenskart’s app has surpassed 100 million downloads, with over 45% of sales being digitally influenced.
In a letter to shareholders, CEO Peyush Bansal expressed gratitude for their trust during the company’s IPO and emphasized that the journey is just beginning.
**FAQ**
**What were Lenskart’s key financial highlights for Q2FY26?**
Lenskart reported a 23.9% YoY increase in operating revenue to ₹21,466 million, with a PAT of ₹1,130 million, up 49.6% YoY. The company also achieved significant growth in EBITDA and store performance.