Lenskart Q3 Results: Cons profit skyrockets 6,983% YoY to Rs 131 crore, revenue jumps 38%

Lenskart Solutions on Wednesday reported a whopping 6,983% year-on-year (YoY) surge in its consolidated net profit of the December-ended quarter. The company posted a profit of Rs 131.02 crore compared to Rs 1.85 crore reported in the year-ago period. The profit after tax (PAT) is attributable to the owners of the holding company.

The company's revenue from operations stood at Rs 2,308 crore in Q3FY26, up 38% over Rs 1,669 crore posted in the corresponding period of the last financial year.

This was the company's second earnings post its listing on November 10, 2025.


The Gurugram headquartered eyewear company incurred expenses of Rs 2,163 crore in the quarter under review versus Rs 1,980 crore in Q2FY26 and Rs 1,690 crore in the year-ago period. This implies a 9% sequential and 28% YoY uptick. The expenses were made on items like raw materials & components consumed, employee benefits and finance cost, among other things.

Company's revenue growth was driven primarily by volume expansion and new customer addition, the company filing said, adding that India grew 40.4% YoY, while international grew 33% YoY

India delivered 28% SSSG and 35.8% SPSG in Q3, maintaining strong same store performance, confirming market expansion through densification, limiting cannibalization.

The Earnings Before Interest, Taxes Depreciation and Amortisation (EBITDA) grew 1.9X with margins expanding from 14.5% to 20% YoY in Q3, supported by operating leverage and structurally improving unit economics as scale increases.

Key operational highlights

-- Lenskart performed 63 lakh eye tests in Q3FY26, recording a 54% YoY growth while the number of eyewear units sold stood at 89 lakh, implying a 30% jump.

-- The company added 195 new stores, registering a 141% growth. This included 169 in India and 26 in international markets, taking FY26 YTD net additions to 420 stores versus 193 in 9MFY25.

-- The company posted 5% CAGR in revenue per new store in India (FY24 to 9M FY26), reflecting improving throughput, operating consistency, and strong performance across Tier 2+ markets.

-- NPS reached 80.9 in India, the highest to date, supported by AI-enabled personalization across the customer journey.

-- Gold membership reached 8.1 million active members at Q3-end (+0.7 million in Q3), with 37% of Q3 sales contributed by Gold members acquired prior to Q3, underscoring retention-led growth.