Lenskart reported a profit of ₹61.2 crore in the June 2025 quarter, compared to a loss of ₹10.9 crore in the same period last year. The company's revenue increased by 25% to ₹1,894.5 crore. Lenskart's ₹7,278 crore IPO will open on October 31 and close on November 4, with a potential listing on November 10.
Lenskart Q1 Results: Eyewear company Lenskart reported a profit of ₹61.2 crore in the June quarter of fiscal year 2025, while the company was in loss last year. Its revenue for this quarter increased by 24.6% to ₹1,894.5 crore. Income from Indian business was ₹1,169 crore, and from international markets, it was ₹736 crore. The company's ₹7,278 crore IPO will open on October 31 and close on November 4. This marks Lenskart's first profitable year in fiscal year 2025.
25 Percent Surge in Revenue
Lenskart's total revenue increased by 24.6 percent to ₹1,894.5 crore in the June 2025 quarter. In the same quarter last year, the company's revenue was ₹1,520.4 crore. The company also recorded a significant increase in its EBITDA. EBITDA stood at ₹336.6 crore in the April-June 2025 quarter, compared to ₹183.4 crore in the September 2024 quarter. The company's financial costs were recorded at ₹41 crore.
The company states that the primary reasons for this growth are increasing demand in India and expansion into foreign markets. Lenskart has strengthened its presence both online and offline to enhance customer experience.
Strong Income from Indian Business
Lenskart's Indian business constitutes the largest portion of the company's total revenue. In the June 2025 quarter, the company's income from India was ₹1,169.2 crore, up from ₹936 crore in the same period last year. This indicates an increase of more than 25 percent in the company's income from the domestic market.
Lenskart also achieved excellent results from international markets. The company's international business contributed ₹736.5 crore in the June 2025 quarter. In the same quarter last year, this figure was ₹584.4 crore. The company's foreign operations include markets in the Middle East and Southeast Asia.
Company Reports First Annual Profit in Fiscal Year 2025
Fiscal Year 2025 has been historic for Lenskart. The company reported a net profit of ₹297.3 crore for the entire year, compared to a loss of ₹10.2 crore in fiscal year 2024. This is a significant achievement for the company, as it has now returned to profitability after a long period of losses.
Over the past two years, Lenskart's revenue has shown a Compound Annual Growth Rate (CAGR) of 33 percent. The company's revenue has increased by 23 percent to reach ₹6,652.5 crore. Additionally, the gross margin has improved by 500 basis points to nearly 69 percent.
Lenskart's IPO to Open on October 31
Lenskart's Initial Public Offering (IPO) is set to open on October 31. It has generated considerable buzz among investors due to the company's b brand value and growth prospects. The total size of the IPO is expected to be approximately ₹7,278 crore. The bidding process for anchor investors will commence on October 30. The IPO will close on November 4, and the shares will be listed on both BSE and NSE on November 10.
In this IPO, new shares worth ₹2,150 crore will be issued. Additionally, 12.75 crore equity shares will be sold by promoters and investors under the Offer For Sale (OFS) mechanism.
A Rapidly Growing Eyewear Brand
Lenskart was founded in 2008 by Peyush Bansal, Amit Chaudhary, Neha Bansal, and Sumeet Kapahi. The company has established a b presence in the Indian eyewear market in a very short span of time. It has become India's largest omni-channel eyewear brand.
As of March 2025, the company had a total of 2,723 stores in India and abroad, including several major cities in the Middle East and Southeast Asia. The company has stated that it plans to open approximately 450 new stores in fiscal year 2026.
