SUNDAY, 18 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

Rows of spectacle frames on wall displays under bright retail lighting
Rows of spectacle frames on wall displays under bright retail lighting

Lenskart reported Q1 profit of ₹228 crore, up 182%, on revenue that rose 34%. EBITDA margin reached 21.7% while product margins crossed 70%, reflecting stronger omnichannel mix and higher private-label penetration in the latest quarter update dated mid-October 2026.

The eyewear retailer posted sharp profit growth alongside double-digit top-line expansion. Store and online channels both contributed to the margin lift.

An optician counter in a high-street store now pushes higher-margin frames and lenses to walk-ins who previously bought only basic spectacles. App orders route to the nearest dark inventory for same-day try-ons, cutting return rates at the till.

Profit surged 182% to ₹228 crore as product margins crossed 70%.

The numbers pressure independent optical shops and help marketplace partners that list Lenskart exclusives. Traditional chains lose share on both price and convenience.

Watch the full quarterly filing and any festive campaign spend for clues on whether margins hold above 20% through the wedding season.

Filed under Retail·Meera Iyer

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