# Lenskart Q1 net profit jumps 182% to Rs 228 crore

2026-08-17T04:47:45+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 2 independent outlets

Lenskart's net profit surged 182% year-on-year to Rs 228 crore in the June quarter, while revenue rose 34%, inc42.com reports. The company's consolidated product margin exceeded 70% for the first time, and EBITDA grew 61%. India revenue climbed 30.7% with same-store sales growth of 18.3%, and international revenue rose 38%. The company is pursuing a dual strategy of premiumisation and ultra-low pricing. It offers a Rs 500 eyewear proposition through Hustlr Plus to attract new consumers, while brands such as John Jacobs and Meller target customers trading up to premium lenses above Rs 3,500 and frames above Rs 5,000. Motilal Oswal Wealth Management, cited by Times of India, has a target price of Rs 705 on Lenskart, projecting 25% revenue CAGR over FY26-28E. International business is gaining traction without aggressive store additions. Japan, Singapore and the Middle East are key markets, and the acquired brand Meller is tracking towards $170 million-plus revenue. The company is investing in geoanalytics to replicate its Indian data-driven store-selection model abroad.

## Coverage

- inc42.com <https://inc42.com/features/lenskarts-scale-meets-profits/>
- timesofindia.indiatimes.com <https://timesofindia.indiatimes.com/business/india-business/top-stock-recommendations-for-august-17-2026-week-poonawalla-fincorp-lenskart-stocks-to-buy-today/articleshow/133286077.cms>

This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources. Last updated 2026-08-17T05:12:38+00:00.

Tags: Jefferies, John Jacobs, Lenskart, Macquarie, Meller
Canonical: https://indianopinion.org/lenskart-q1-profit-jumps-182-to-rs-228-crore/
License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources.
Cite: https://indianopinion.org/lenskart-q1-profit-jumps-182-to-rs-228-crore/#story-in-brief

How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/