Lenskart Solutions Ltd. shares soared as much as 7% on Thursday, with shares of Lenskart Solutions up 7% to ₹626.95 in early trading after the eyewear retailer announced a strong set of Q1 FY27 results. Q1 FY27 results were a record earnings and a profit improvement of 10% and a profit of 11% in the company, and a profit addition of 5% in the company’s revenue and a profit of 7% in the company’s profit grew.
Lenskart reported profit after tax of about ₹228 crore for the quarter ended June 30, 2026, compared with ₹61 crore in the same period a year earlier. That’s a 182.3% year-on-year increase, or almost four times the previous year’s profit. Based on financial results, some reports have quoted ₹222 crore but later reporting and company’s results indicate a PAT of around ₹228 crore.
Revenue from operations increased 33.6% year-on-year to ₹2,714 crore, compared with ₹1,894 crore in Q1 FY26. EBITDA also rose to around ₹589 crore and the overall EBITDA margin improved to 21.7% from 18% a year earlier. Lenskart was able to grow sales and also improve operating profitability.
India remained the biggest contributor for the company, with revenue up 31% to ₹1,531 crore. International operations also had a strong performance (around ₹1,203 crore), with expansion in Japan, Southeast Asia and the Middle East. Lenskart also launched 132 stores in the quarter, taking total active store count to 3,459.
Another highlight was the company’s product margin breaking 70% for the first time, as it hit 70.3%. Lenskart also saw strong customer and digital engagement, with quarterly transacting customers rising 18.5% year-on-year to 44 lakh. Digitally driven sales contributed around 55% of India revenue during the quarter.
The strong numbers were met with good reactions from the brokerage community. Jefferies, Macquarie and Citi raised their target prices, and Morgan Stanley retained its overweight rating, according to NDTV Profit. The average 12-month analyst target cited by Bloomberg was ₹655.52.
The stock response is indicative of investors’ confidence in Lenskart’s growth plan, store expansion, international operations and profit-making ability. The company is positioning itself more globally as a market for eyewear as opposed to a retail-based business only in India.
But investors should also note that Lenskart’s market value and future performance will be dependent on Lenskart’s ability to stay as fast as it is growing, protect margins and grow with its international reach.
Overall, the Q1 FY27 numbers are a good start to the year. Lenskart has turned in a quarter that has really impressed people with profit growth of more than 180%, revenue growth of more than 33% and margins that are very high.
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