Lenskart Solutions Limited reports a sharp year-on-year increase in consolidated profit for the first quarter of FY27. The company says net profit rises to ₹228.43 crore, compared with ₹61.17 crore in the same quarter last year. It also reports higher total income and revenue, alongside an increase in earnings per share.
In terms of financial performance, one outlet cites consolidated total income of ₹2,782.66 crore for the quarter ended 30 June 2026, versus ₹1,946.11 crore a year earlier, with revenue from operations up to ₹2,714.18 crore. Economic Times reports revenue growth of about 33.6% to ₹2,214 crore and highlights margin improvements, including product margin crossing 70% for the first time, with EBITDA up 61.3% to ₹589 crore.
Beyond results, Lenskart approves corporate actions. It plans to acquire an additional 19% equity stake in Baofeng Framekart Technology Limited via its Singapore subsidiary, increasing its indirect holding from 51% to 70%, expected by September 2026. The company also plans new subsidiaries in South Korea and China and approves an employee share allotment and a merger scheme involving its subsidiaries, subject to regulatory approvals.