{
  "id": 18123728,
  "title": "Lenskart's profit doubles, revenue grows 36% in Q2",
  "url": "https://urgent.news/2026/11/04/lenskarts-profit-doubles-revenue-grows-36-in-q2",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-04T13:09:26.000Z",
  "source": {
    "name": "YourStory",
    "slug": "yourstory",
    "url": "https://yourstory.com/2026/11/lenskart-profit-doubles-revenue-grows-36-pc-in-q2"
  },
  "original_language": "en",
  "account": "Omnichannel eyewear retailer Lenskart saw a significant boost in its financial performance during the second quarter of FY27, with net profit more than doubling and revenue surging 36% year-on-year. The impressive growth was attributed to higher eyewear sales volumes, premium product offerings, and increased demand both in India and internationally. For the second quarter, Lenskart reported a net profit of Rs 227 crore, a 123% increase from Rs 102 crore in the same period last year. Revenue for the period reached Rs 2,845 crore, a 36% year-on-year growth. In India, revenue grew by 35.3% YoY to Rs 1,668 crore, driven by a 26.5% rise in eyewear volumes and growing demand for premium lenses. Same-store sales growth reached 20.8%, compared to 14.8% in the previous year, with expansion across major cities and Tier I and II+ markets. International revenue grew by 29.5%. The company added 143 stores in India, including 94 in Tier II+ markets, and entered 61 new cities, bringing its India network to 2,868 stores across 665 cities. Lenskart conducted 80 lakh eye tests globally, a 40.4% increase from the previous year. The company maintained its consolidated product margin at 70%, up from 69.2% a year ago, despite ongoing rupee depreciation. Lenskart's in-house frame manufacturing grew by 71.7% YoY, while lens manufacturing increased by 52.2%, helping to offset currency pressures and reinforce control over product quality and costs. The company has manufacturing facilities in Bhiwadi and is setting up another one in Hyderabad. Lenskart continues to provide technology-enabled eye care, with remote optometry now available in 934 stores across India, up from 303 a year ago. The company is also leveraging AI across various aspects of its operations, including customer service, employee training, inventory planning, and manufacturing, to boost efficiency and enhance customer experience. During the second quarter, Lenskart expanded the availability of B by Lenskart, its AI smart glasses, to over 500 stores across India and online.",
  "summary": "The growth was driven by higher eyewear volumes, premiumisation of products, and stronger demand in India and overseas.",
  "key_points": [
    "Lenskart's net profit doubled to Rs 227 crore in Q2 FY27, up 123% YoY",
    "Revenue grew 36% year-on-year to Rs 2,845 crore, reaching Rs 2,845 crore",
    "Same-store sales in India increased by 20.8%, driven by premium product demand"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Business Standard IN",
        "title": "Lenskart Q2FY27 net profit more than doubles to ₹232 cr, revenue up 32.5%",
        "url": "https://urgent.news/2026/11/04/lenskart-q2fy27-net-profit-more-than-doubles-to-232-cr-revenue-up-32-5",
        "published": "2026-11-04T12:59:31.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}