Lenskart Solutions Ltd

Lenskart Solutions Limited announced the incorporation of a step-down subsidiary, Wenzhou Framekart Trade Co., Ltd., in the People’s Republic of China on August 14, 2026, according to a regulatory filing. The subsidiary, which will trade in spectacle frames and related optical products, is part of a joint venture between Lenskart Solutions Limited and Baofeng Framekart Technology Limited, with Baofeng Framekart Technology Limited holding 95% equity interest and subscribing to equity interest for an amount of RMB 1 million.

Lenskart Solutions Ltd share price declined by 0.42% to Rs 586.55. The Company's net profit registered a growth of 12.18% to Rs 228.43 crore, while revenue from operations improved marginally 7.89% to Rs 2714.18 crore in Q2FY26 over Q1FY26. The market capitalization of Speciality Retail industry group stocks on BSE stood at Rs 2.94 lakh crore, rising 3.15%. It has slipped by 1.28% over last one week and advanced by 10.55% in last one month while the market capitalization of Lenskart Solutions Ltd has marginally improved by 3.81% and 25.22% in the same period respectively. Profit before tax (PBT) of Lenskart Solutions Ltd stood at Rs 299.61 crore in Q2 FY26, jumping 200.45% year-on-year, and rallying 17.87% quarter-on-quarter. EBITDA came in at Rs 520 crore, expanding by 82.85% YoY and gaining 6.25% sequentially. Total expenses saw a slight increase of 7.31% to Rs 2430.33 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 631.18 crore, growing marginally by 3.07% YoY, while employee benefits expense was at Rs 599.36 crore, improving by 9.45% YoY. For the TTM ended FY26, revenue from operations witnessed a strong growth of 32.49% to Rs 8814.04 crore, while net profit jumped 68.48% to Rs 500.95 crore, compared to previous TTM. EBITDA soared by 86955% to Rs 1578.68 crore, and PBT witnessed a strong rise of 76.54% to Rs 680.33 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 1669.59 crore in FY26, as against Rs 1230.63 crore in FY25. Lenskart Solutions Ltd rallied 45.44% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 2.83% during the same period.

Lenskart Solutions Ltd share price gained 0.48% to Rs 589.05 after the company's net profit expanded by 12.18% to Rs 228.43 crore, while revenue from operations slightly gained 7.89% to Rs 2714.18 crore in Q2FY26 over Q1FY26. The market capitalization of Speciality Retail industry group stocks on BSE stood at Rs 2.96 lakh crore, gaining 3.15%. It has softened by 0.79% over last one week and moving up by 10.52% in last one month while the market capitalization of Lenskart Solutions Ltd has marginally improved by 2.87% and 24.23% in the same period respectively. Profit before tax (PBT) of Lenskart Solutions Ltd stood at Rs 299.61 crore in Q2 FY26, expanding by 200.45% year-on-year, and rallying 17.87% quarter-on-quarter. EBITDA came in at Rs 520 crore, jumping 82.85% YoY and easing 6.25% sequentially. Total expenses posted a minor rise of 7.31% to Rs 2430.33 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 631.18 crore, inching up 3.07% YoY, while employee benefits expense was at Rs 599.36 crore, improving by 9.45% YoY. For the TTM ended FY26, revenue from operations surged 32.49% to Rs 8814.04 crore, while net profit jumped 68.48% to Rs 500.95 crore, compared to previous TTM. EBITDA surged by 86955% to Rs 1578.68 crore, and PBT witnessed a strong rise of 76.54% to Rs 680.33 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 1669.59 crore in FY26, as against Rs 1230.63 crore in FY25. Lenskart Solutions Ltd soared by 46.06% in last one year, significantly outperforming the benchmark BSE Sensex which has softened by 3.04% during the same period.

Lenskart Solutions Limited announced that its Nomination and Remuneration Committee approved the grant of 6,50,000 employee stock options to eligible employees under the Lenskart Employee Stock Option Plan, 2021, on Wednesday, August 12, 2026, with an exercise price of Rs 410 per share. The options, convertible into 6,50,000 equity shares with a face value of Rs 2 each, are subject to the terms outlined in the plan and comply with the SEBI (SBEB) Regulations, 2021.

Lenskart Solutions Limited announced that its Nomination and Remuneration Committee approved the grant of 1,02,726 Employee Stock Options to eligible employees under the Lenskart Employee Stock Option Plan, 2021, according to a filing on August 5, 2026. The exercise price for the options is Rs 404 per share, which is equal to the average closing price for 30 days prior to the grant, subject to a maximum discount of 25%.

Lenskart Solutions will hold a meeting of the Board of Directors of the Company on 12 August 2026.

Lenskart Solutions announced that the 18th Annual General Meeting(AGM) of the company will be held on 19 August 2026.

The board of Lenskart Solutions at its meeting held on 02 July 2026 has approved the incorporation of a joint venture company in India with Mingfeng Glassesworld, China (MGL), pursuant to a strategic partnership between the parties. The proposed joint venture will be engaged in the business of manufacturing metal spectacle frames in India with the objective of strengthening the Company's manufacturing capabilities, enhancing supply chain efficiencies, promoting localisation of manufacturing and reducing dependence on imports of metal frames.

The board of Lenskart Solutions at its meeting held on 02 July 2026 has approved the scheme of amalgamation  of Dealskart Online Services (Transferor Company No. 1) and Lenskart Eyetech (Transferor Company No. 2), wholly-owned subsidiaries of the Company, with and into Lenskart Solutions (Transferee Company) and their respective shareholders and creditors.

In a regulatory filing made post market hours yesterday, the company stated that it has acquired an additional 3% stake in Quantduo Technologies. It had acquired an additional 4.65% stake in Quantduo on 16 March 2026. The aggregate consideration paid for the acquisition of the remaining 7.65% shareholding was Rs 3.67 crore. 'Consequent to the aforesaid acquisitions, the aggregate shareholding of the company in Quantduo has increased from 92.35% to 100% of the fully diluted share capital of Quantduo and consequently, Quantduo has become a wholly-owned subsidiary of the company,' Lenskart Solutions said in a statement. Quantduo is engaged in the business of providing advanced analytics solutions. The company had recorded turnover of Rs 10.019 crore in FY25-26. Lenskart Solutions is a technology-led eyewear company involved in designing, manufacturing, branding and retailing prescription glasses, sunglasses, contact lenses and related accessories. The company had reported an 8.49% year-on-year decline in consolidated net profit to Rs 200.29 crore in Q4 FY26, compared with Rs 218.89 crore posted in the corresponding quarter last year. However, revenue from operations surged 46.62% YoY to Rs 2,515.71 crore in the quarter ended 31 March 2026. The scrip shed 0.55% to end at Rs 500.65 on the BSE today. Powered by Capital Market - Live