# Lenskart shares gain on strong Q1 profit, MSCI inclusion

2026-08-13T23:09:39+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 2 independent outlets

Lenskart shares closed 1.78% higher at ₹596.90 on the NSE on Thursday after hitting a 52-week high of ₹626.95. The rally followed a strong Q1 showing and news that MSCI will add the stock to its Global Standard index from September 1. The company reported net profit of ₹221.84 crore (The Hindu Business Line) or ₹228.4 crore (Inc42), a sharp jump from ₹61.2 crore a year ago. Revenue grew 43% to ₹2,714.18 crore, with India revenue up 30.7% and international revenue rising 38%. Lenskart’s board approved raising its stake in Chinese joint venture Baofeng Framekart Technology to 70% for about ₹10.6 crore. It also announced new subsidiaries in South Korea and China. Most brokerages retained positive ratings and raised target prices, though Citi and HSBC cautioned on valuation.

## Coverage

- thehindubusinessline.com <https://www.thehindubusinessline.com/markets/lenskart-shares-zoom-nearly-7-to-fresh-52-week-high-after-strong-q1-results-and-msci-inclusion-buzz/article71339607.ece>
- inc42.com <https://inc42.com/buzz/lenskart-shares-jump-7-to-record-high-as-brokerages-raise-targets/>

Tags: brokerages, eyewear, Lenskart, MSCI, Q1 results, stock market
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