Lenskart Q2 revenue surges 21% to ₹2,096 crore, EBITDA jumps 44% in first post-IPO results

Newly listed

reported a 21% year-on-year rise in operating revenue to ₹2,096 crore for Q2 FY26 (July-September), with net profit up 20% to ₹103 crore and EBITDA soaring 44% to ₹414 crore, driven by operating leverage from technology, supply chain, and omnichannel expansion. India contributed 59% of revenue, with overseas markets like Singapore, Thailand, and Japan making up the balance; product margins improved to 69.2% from 68.7% due to in-house manufacturing of 3.9 million frames and 2.6 million lenses in H1 FY26.​ Pro forma financials and growth drivers * On a pro forma basis (including acquisitions of Dealskart, Meller, and GeoIQ), revenue grew 24% and net profit 49% YoY, highlighting consolidation benefits.​ * Founder Peyush Bansal emphasized compounding phase with every incremental rupee contributing more to EBITDA, supported by 35-40% cost advantages over industry averages.​ Future outlook * Plans for 450+ net store additions in India this fiscal (vs 282 last year), with potential for thousands more across current and untapped markets.​ * Q3 FY26 shows stronger revenue and EBITDA trajectory through November; AI-powered 'B by Lenskart' smart glasses launch in Q4 FY26, opening platform to developers like Zomato and Swiggy.​ Centralized international supply chain and disciplined expansion signal sustained profitability improvements ahead. Source: The Economic Times No Recommendations