SATURDAY, 17 OCTOBER 2026

QHAAT

Today in Indian Retail

Retail

Lenskart Q1 profit jumps 182% to ₹228 crore on 34% revenue rise

EBITDA margin hits 21.7% and product margins cross 70%; omnichannel eyewear keeps gaining share from traditional players.

, Retail correspondent··4 min read

Eyewear display wall with frames under clean retail lighting
Eyewear display wall with frames under clean retail lighting

Lenskart Solutions reported Q1 FY27 net profit of ₹228 crore, up 182.3% year-on-year. Revenue rose 33.6% to ₹2,214 crore. EBITDA margin expanded to 21.7% as product margins crossed 70% for the first time. Growth was broad-based across India and international markets, spanning ₹500 frames to premium ranges.

Lenskart’s Q1 net profit reached ₹228 crore on ₹2,214 crore revenue. Margins improved sharply with product margins above 70%. The company continues store and online expansion while pushing higher-value eyewear.

At the store till the mix shift matters: more premium pairs and attachments lift bill size without proportional cost rise. Dark-store and home-try-on logistics stay efficient because repeat prescription customers reduce acquisition drag.

Product margins crossed 70% for the first time as profit nearly tripled.

The numbers pressure Titan’s eyewear push and independent opticians on both price and convenience. International growth adds a second engine that pure domestic players lack.

Watch the next quarterly filing for store-addition pace and any update on secondary share sales or valuation marks. Festive premiumisation trends will show in Q2 commentary.

Filed under Retail·Meera Iyer

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