Lenskart Q3 profit jumps 70% as global business fuels revenue growth

Omnichannel eyewear retailer Lenskart on Wednesday reported a 70% jump in net profit in Q3 FY26 and a robust 38% surge in topline, helped by a strong traction from its international business and high volume growth.

The NCR-based company clocked an operating revenue of Rs 2,307.7 crore, up 38% from Rs 1,668 crore in the corresponding quarter of the previous year. Sequentially, its topline improved from Rs 2,096 crore recorded in the September quarter, according to an exchange filing.

During the third quarter, Lenskart saw its profit improve multifold to Rs 132.7 crore. On a sequential basis, the improvement was much smaller, as its after-tax profit grew by about 28% from Rs 103.4 crore in the September quarter.

The company's latest global bet has also shown buoyant results, with revenue from its international operations growing 40% to Rs 936 crore. This segment, which turned profitable last quarter, clocked Rs 32.5 crore in profits in the December quarter.

In its previous quarter, the company had outlined that sustained profitability in this segment is driven by healthy product margins—which are historically higher in international markets than in India—combined with the maturing of earlier store cohorts and a reduction in capital expenditure per store.

Lenskart shares were trading marginally lower at Rs 473 apiece on NSE on Wednesday.