Lenskart Q3 profit jumps to ₹131 crore; revenue rises 38%, stock rallies 13%
- 12th February 2026
- 02:00 PM
- 2 min read
Summary
Lenskart Solutions reported December-quarter net profit of ₹131 crore compared with ₹1.9 crore a year earlier. Revenue rose 38% YoY and margins expanded on operating leverage. Shares gained over 12% in Thursday’s trade and touched new all-time high.Mumbai | February 12
Lenskart Solutions Ltd reported a sharp increase in December-quarter earnings, supported by revenue growth and improved operating scale.
Consolidated net profit rose to ₹131 crore in Q3FY26 from ₹1.9 crore in Q3FY25.Revenue from operations increased 38.3% YoY to ₹2,308 crore, compared with ₹1,669 crore in Q3FY25.
Financial performance
Operating performance strengthened during the quarter. EBITDA rose to ₹464 crore from ₹212 crore a year earlier. EBITDA margin expanded to 20.1% from 12.7%, reflecting better cost absorption as the network scaled up. The margin expansion also reflects improving scale economics in the business.
During the quarter, the company added 195 net new stores, compared with 81 in the same period last year. Of these, 169 stores were opened in India and 26 in overseas markets. Year-to-date additions for FY26 stand at 420 stores.
India revenue rose more than 40% YoY while international revenue increased over 32%, supported by store expansions and higher customer additions
Gold membership reached 0.81 crore active members as of December 31, 2025. About 37% of Q3 sales came from members acquired before the quarter, indicating repeat demand.
IPO and listing background
Lenskart was listed on November 10, 2025, at an IPO price of ₹402 per share.
The ₹7,278-crore IPO was subscribed 28.26 times. The price band was ₹382–₹402 per share and the issue comprised a fresh issue of ₹2,150 crore and an offer for sale of 12.75 crore shares.
On listing day, the stock opened at ₹390 on the BSE, a discount of 2.98% to the issue price. It declined to ₹355.70 during the session before recovering to ₹403.80.
The company had said IPO proceeds would be used for capital expenditure on new company-operated stores and related lease payments.
Stock reaction
Following the Q3 results, shares gained over 12% in Thursday’s session. The stock traded as high as ₹526.35 during the day, marking a gain of 12.87% at the peak.
At its intraday high of ₹526.35, the stock was up over 30% from its listing price of ₹390.
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