Lenskart shares likely to be in focus after strong September quarter results

Synopsis Lenskart Solutions reported robust Q2 FY26 results, with consolidated profit after tax surging 20% year-on-year to Rs 102.22 crore. Revenue from operations also climbed 20.8% to Rs 2,096.14 crore. Despite a slight dip in standalone profit, the eyewear major's strong overall performance reinforces investor confidence post-IPO. Global brokerage Jefferies initiated coverage with a 'Buy' rating. Lenskart Solutions is expected to remain in focus when markets reopen, after the recently listed eyewear major announced its first quarterly results for the September quarter (Q2 FY26) on Saturday, November 29. The company posted strong year-on-year growth in profitability and revenue, reinforcing investor confidence following its debut earlier this month. Lenskart reported a 20% YoY rise in consolidated profit after tax (PAT) to Rs 102.22 crore, compared to Rs 85.47 crore in the same quarter last year. This marks the company’s first earnings report since its listing. Sequentially, the profit jumped 67%, a sharp rise from Rs 61.17 crore recorded in the previous quarter. For the half year ended September 2025, net profit stood at Rs 164.62 crore, more than doubling from Rs 75.35 crore in the corresponding period of the previous fiscal year. It is important to note that the reported PAT is attributable to the shareholders of the holding company. The company’s revenue from operations rose 20.8% YoY to Rs 2,096.14 crore, up from Rs 1,735.68 crore in the same quarter last year. Total income for Q2 FY26 came in at Rs 2,129.40 crore, reflecting an 18% YoY increase. Despite consolidated growth, Lenskart’s standalone profit saw a 7% YoY decline, dropping to Rs 99.10 crore from Rs 106.82 crore in Q2 FY25. The contraction in standalone profitability may draw investor attention even as overall group performance stays strong. Live Events On Friday, Lenskart shares closed at Rs 410, giving the company a market capitalization of Rs 71,337 crore. The stock listed on the bourses on November 10, 2025, at an issue price of Rs 402, raising Rs 7,278 crore through its IPO. Global brokerage Jefferies has initiated coverage on Lenskart with a ‘Buy’ rating and a price target of Rs 500, citing significant under-penetration in India’s eyewear market and substantial long-term growth opportunities. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel) (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price ...moreless (You can now subscribe to our ETMarkets WhatsApp channel) (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price ...moreless Nerves of steel: The slump has stabilised, but recovery remains elusive The pipeline reform that may redraw India’s energy map in favour of private cos AI is forcing a rethink. Can Indian IT finally build a serious corporate VC muscle? Why Leyland and Iveco stand between Tata Motors' return to glory Stock Radar: Coromandel International stock showing signs of rebound; check target & stop loss ET Prime Special Series - Part 6: Management’s application of altered accounting rules, some right… some wrong 1 2 3