Omnichannel eyewear retailer Lenskart on Saturday reported its first quarterly earnings since its tepid debut on the Indian inventory exchanges earlier this month.
The corporate noticed its topline surge 20% to Rs 2,096 crore, helped by quantity development and a rise in transacting clients.
Lenskart, which operates manufacturers like John Jacobs and Owndays, noticed its bottomline develop 20% to Rs 103.4 crore. It continued its enlargement in Tier II markets, whilst momentary GST-related uncertainty briefly delayed purchases in September.
YourStory breaks down the important thing insights from the eyewear retailer’s newest outcomes, together with its plans for sensible glasses, development in manufacturing capability, and improved traction in worldwide markets.
Worldwide operations flip worthwhile
Lenskart, which additionally operates within the Center East, Singapore, and Japan, noticed its worldwide arm flip worthwhile, clocking Rs 31 crore in contrast with a lack of Rs 10 crore within the earlier 12 months. The section represents a mixed market worth of $19 billion in 2025, projected to succeed in $24.7 billion by 2030.
Profitability was primarily pushed by wholesome product margins within the worldwide market, that are greater than in India. In the course of the first half, it elevated by 88 bps YoY to 75.7%.
“This sturdy product margin, mixed with maturing retailer cohorts and decreasing capex per retailer, gives a stable basis for continued enchancment in profitability,” acknowledged the letter.
Singapore: Fast commerce and market management
Within the shareholder letter filed with the exchanges, Lenskart outlined Singapore as a longtime market, with Lenskart because the market chief. It added 29 shops within the island nation, taking its complete depend to 263.
It additionally launched a fast commerce supply mannequin in Southeast Asia, enabling clients in Singapore to order contact lenses with a two-hour supply time. “Early outcomes have been encouraging and have helped speed up development in our contact lens class,” mentioned the corporate.
Lenskart goes bullish on sensible glasses with a full-stack AI wager
Lenskart is sharpening its push into wearables with the deliberate launch of its AI-enabled sensible glasses—B by Lenskart Good Glasses—in This autumn FY26, signalling a deeper wager on eyewear as a tech-led class. By constructing the {hardware}, software program, and cellular app completely in-house on the Gemini AI platform, the corporate is positioning sensible glasses as a pure extension of its vertically built-in mannequin.
The primary model, powered by Qualcomm’s AR1 chip and appropriate with prescription lenses, contains options like UPI funds, well being monitoring with meals logging, picture and video seize, real-time object scanning and translations. Lenskart can also be opening the gadget to exterior builders because it appears to be like to broaden use circumstances and develop the class past early adopters.
Eye-testing push drives new demand creation
Lenskart mentioned its fast enlargement of accessible eye-testing has develop into central to rising the general vision-care market slightly than competing for present customers. Practically half of all clients examined are present process their first-ever eye examination, discovering the necessity for imaginative and prescient correction as a result of testing has develop into simpler and extra extensively accessible.
The corporate carried out 13 million checks in FY25, up from 5 million two years earlier, and has already reached 9.3 million in H1 FY26.
With over 500 shops geared up for AI-enabled distant testing and new codecs corresponding to self-test kiosks and cellular instruments, Lenskart is positioning eye-testing as a scalable engine for class creation and deeper adoption throughout Tier II and III markets.
Hyderabad facility to anchor future capability and exports
The corporate is accelerating its manufacturing build-out, citing rising utilisation and the necessity to put together for scale. Whereas its eyeglasses facility operated at 47.9% utilisation in FY25, Lenskart mentioned this had already climbed to 63.4% within the present quarter.
Its upcoming Hyderabad plant, anticipated to be prepared in 18 to 24 months, is designed to have a 50 million-pair annual capability, practically double that of Bhiwadi, to help the corporate’s worldwide operations.
The placement has been deliberate as a strategic export hub, with proximity to a significant airport enabling sooner and extra environment friendly worldwide shipments.
Lenskart will set up high-cost equipment in phases to match annual demand development. Past prescription eyewear manufacturing, the ability will deepen backward integration throughout frames and lenses to enhance margins, shorten lead instances, and help sooner product innovation.
Edited by Suman Singh
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