Lenskart Shares Rise After Q2 Profit More Than Doubles

Lenskart Solutions reported a 124.7% year-on-year rise in consolidated net profit to Rs 232.45 crore for the September quarter (Q2 FY27) on Wednesday, 4 November, from Rs 103.45 crore a year earlier. Profit attributable to owners was Rs 227.08 crore, up 122.1%. The shares closed 3.37% higher at Rs 693.70 on the BSE on the day of the results. Revenue from operations rose 35.7% to Rs 2,845.03 crore from Rs 2,096.14 crore, and total income rose 36.2% to Rs 2,899.49 crore. Profit before tax rose 105.7% to Rs 304.48 crore from Rs 148 crore. Motilal Oswal had estimated revenue of Rs 2,784.1 crore and adjusted net profit of Rs 204.8 crore. Compared with the June quarter, net profit rose 1.8% from Rs 228.43 crore and revenue rose 4.8% from Rs 2,714.18 crore. India revenue rose 35.5% to Rs 1,667.92 crore from Rs 1,230.59 crore. International revenue rose 36.5% to Rs 1,201.1 crore from Rs 879.6 crore, and international segment profit more than tripled to Rs 97.2 crore from Rs 31.1 crore. In-house frame manufacturing grew 71.7% and lens manufacturing grew 52.2%. For the first half of FY27, net profit was Rs 460.88 crore against Rs 164.62 crore a year earlier, and profit before tax was Rs 604.09 crore against Rs 247.71 crore. Profit grew only 1.8% over the June quarter, so investors will watch whether the sequential growth picks up in the coming quarters. Disclaimer: The views expressed purely for educational and informational purposes and do not constitute financial advice or a recommendation to buy, sell, or hold any security.