Lenskart Q1: Profit Zooms 3.7X YoY To ₹228.4 Cr, Revenue Up 43%

The eyewear giant's profit surged 273% YoY and 12% QoQ to ₹228.4 Cr.

Lenskart's total income for the quarter grew to ₹2,782.7 Cr while its expenses surged 35% to ₹2,483.5 Cr.

Operating revenue surged 43% YoY and 8% QoQ to ₹2,714.2 Cr.

Omnichannel eyewear giant Lenskart’s consolidated net profit for Q1 FY27 surged 273% to ₹228.4 Cr from ₹61.2 Cr in the year-ago quarter. On a sequential basis, profit increased 12% from ₹203.6 Cr.

Operating revenue jumped 43% YoY and 8% QoQ to ₹2,714.2 Cr. Including other income of ₹68.5 Cr, total income for the quarter increased to ₹2,782.7 Cr. 

Meanwhile, total expenses for the quarter increased 35% YoY to ₹2,483.5  Cr. The company registered a profit of ₹47 Lakh from a joint venture.

Beyond approving its financials, LensKart’s board also cleared the following proposals:

(The story will be updated soon)

Source: Inc42 - Startups