Lenskart Solutions
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What it means
Lenskart Solutions' scale now pays for itself: room for price cuts and new stores.
Reported: Net profit +270% on revenue +43.3% in Q1 FY27.
Watch: Q2 FY27 results, expected mid Nov — net profit growth drops below revenue growth.
Before its next results, expected mid Nov:Before then:
- Affected
- Independent opticians — facing a better-funded Lenskart SolutionsDo now: By mid Nov: defend your strongest catchments: it has profit to spend where it competes with you.
- Lenskart Solutions' lens and frame suppliers — a stronger buyer at the tableDo now: By mid Nov: expect firmer terms from it; lock volumes and prices.
Our arithmetic · not a reported figureChange
- +₹162 crorefrom Q1 FY26 net profit to Q1 FY27 net profit
Latest moves
Our read of each move first, where we have one; what the report said is marked Reported.
Background
From 7 stories, the newest dated 27 Sept 2026. Summary written 3 Oct 2026.
Lenskart Solutions is a Gurugram-based eyewear retailer whose shares trade on the NSE. [1] source: Business Standard[2] source: NDTV Profit
Show 3 more paragraphs and 7 sources
It had 2,725 domestic stores as of Q1FY27 and current domestic manufacturing capacity of 25 million units, and it plans added Hyderabad manufacturing capacity. [1] source: Business Standard
For Q1 FY27, Lenskart reported revenue of ₹2,714.2 crore, up 43.3% year on year, and net profit of ₹222 crore versus ₹60 crore. [3] source: CNBC-TV18 India revenue rose 30.7%. [3] source: CNBC-TV18 In August 2026, Alphawave was reported likely to sell a 1.2% stake in Lenskart through a ₹1,313 crore block deal at a floor price of ₹630 per share. [4] source: CNBC-TV18 In September 2026, Platinum Jasmine, an affiliate of Abu Dhabi Investment Authority, sold a 2.01% stake, or 3.5 crore shares, for Rs 2,390.57 crore, reducing its holding to 7.76% from 9.77%. [2] source: NDTV Profit The sale followed SoftBank's June divestment. [2] source: NDTV Profit Lenskart shares closed 3.10% lower at Rs 685.30. [2] source: NDTV Profit
Nomura named Lenskart Solutions among its Buy picks in September 2026. [5] source: Financial Express Morgan Stanley named it among its overweight India consumption picks. [6] source: NDTV Profit MOFSL listed Lenskart among its preferred FY27 ideas. [7] source: Business Today
Sources
Questions about Lenskart Solutions
How many Lenskart Solutions stores are there?
Lenskart Solutions had 2,725 stores in India as of Q1FY27, as reported in September 2026. [1] source: Business Standard
How fast is Lenskart Solutions growing in India?
Lenskart reported Q1 FY27 revenue of ₹2,714.2 crore, up 43.3% year on year, with India revenue up 30.7% and net profit of ₹222 crore versus ₹60 crore. [3] source: CNBC-TV18
More stories about Lenskart Solutions
- FIIs nearly triple Lenskart stake to 12.8% in Q1 FY27
- Jefferies adds Lenskart to India long-only portfolio, exits PolicyBazaar and HDFC Bank
- Morgan Stanley names Lenskart, Trent and Varun Beverages among India growth picks
Stories that mention Lenskart Solutions
1 story
Lenskart Solutions is named in these stories but is not their subject.