Lenskart Reports Strong First Quarterly Results Post-IPO; Revenue Jumps, PAT Nearly Doubles in H1 FY26

Lenskart has released its first quarterly results since going public, and the numbers signal a strong and confident start. Co-founder and CEO Peyush Bansal shared the update on LinkedIn, expressing gratitude and reaffirming the company’s long-term mission. “From those to whom much is given, much is expected,” he wrote, while thanking customers, investors, partners, and the wider Lenskart team.

Bansal noted that, even after listing, the company has focused on what it has always done: building systems that compound.

Eye-Testing Growth Remains a Highlight

The metric Bansal called “the number that matters most” continues to show strong momentum.

• Lenskart conducted 10.7 million eye-tests in H1 FY26, marking a 46.9% year-on-year rise.
• Notably, around 46% of these were first-time eye tests, reflecting the brand’s rising penetration and its push to make eye care accessible.

Strong Financial Performance in Q2 and H1 FY26

The company’s financial results also underscore consistent growth across revenue and profitability.

Q2 FY26

• Revenue: ₹2,147 crore (+23.9% YoY)
• EBITDA: 19.8% (+34.5% YoY)
• PAT: ₹113 crore (+49.6% YoY)

H1 FY26

• Revenue: ₹4,179 crore (+25.3% YoY)
• EBITDA: 18.9% (+37.1% YoY)
• PAT: ₹194 crore (+98.1% YoY)

Bansal clarified that all figures are presented on a pro-forma, like-for-like basis, with full details available in the company’s shareholder letter.

Tech and Operations Powering the Numbers

While the financials are impressive, Bansal emphasised the innovations behind the scenes—elements that do not appear in a profit and loss statement but that form the foundation of Lenskart’s scale.

• AI-led eye-testing is now active in 500+ stores as well as through home-testing services.
• Geo-analytics are being used to identify thousands of future store locations.
• Next-day delivery is already available in 58 cities, with ~95% reliability.
• The India NPS stands at an impressive ~79, indicating strong customer satisfaction.
• Lenskart added 225 net new stores, reflecting a 101% year-on-year increase in expansion.

These developments highlight Lenskart’s focus on leveraging technology and logistics to deepen reach and improve service reliability.

The Road Ahead: India, Asia and Smart Glasses

Bansal described this phase as “still early”, setting the tone for the next decade. Lenskart’s priorities will include:

• Expanding deeper across India and Asia,
• Launching B Smart Glasses, developed in India and slated for Q4 FY26,
• Remaining committed to a central mission: “vision for a billion.”

A Message of Gratitude and Accountability

Bansal concluded the update by reaffirming the company’s responsibility towards its stakeholders. He thanked customers, partners, the Lenskart team, and shareholders for supporting the company through its transition into a listed entity.

He also invited feedback through the company’s official investor communication channel, reflecting a culture of transparency and continuous improvement.

“The goal stays the same: compounding, responsible growth and vision for a billion,” he said.

Peyush Bansal: The Visionary Founder and CEO Driving Lenskart’s Success

Peyush Bansal is the co-founder and CEO of Lenskart. He was also a shark on Shark Tank India. Discover the inspiring journey of Peyush Bansal, the founder and CEO of Lenskart. Learn about his success story, education, and how he built one of India’s leading eyewear brands. Here’s a look at his education, career, investments, age, personal life, and more.

StartupTalky- Business News, Insights and StoriesShalini Rath