Lenskart Solutions Reports Q1 FY26 Results; Approves Strategic Acquisitions and New Entity Incorporations

Lenskart Solutions Reports Q1 FY26 Results; Approves Strategic Acquisitions and New Entity Incorporations​

Lenskart Solutions Limited has reported its unaudited financial results for the quarter ended June 30, 2026, alongside detailing several major strategic approvals related to acquisitions and new entity formations.

The company’s unaudited standalone financial performance for the quarter saw Total Income reach 1,593.43 Crore, with a Profit after Tax (PAT) of 151.48 Crore. The results were reviewed by S.R. Batliboi & Associates LLP.

Financial Highlights (Standalone Q1 FY26)​

Key figures from the Statement of Unaudited Standalone Financial Results for the quarter ended June 30, 2026 are as follows:

Strategic Acquisitions and Entity Approvals​

During the quarter, Lenskart Solutions Limited approved multiple significant operational and strategic moves:

• Acquisition in China: The company approved the acquisition of a 19% equity interest in Baofeng Framekart Technology Limited from Mr. Geng Yongchao. This transaction, carried out by its wholly-owned subsidiary, Lenskart Solutions Pte. Ltd., Singapore, is intended to increase the Company’s direct and indirect shareholding in Framekart from 51% to 70%. The acquisition involved a cash consideration of approximately RMB 7.5 Million (equivalent to approx. ₹ 106 Million).
• Korea Incorporation: Approval was granted for the incorporation of OWNDAYS Korea, which will be established as a wholly-owned subsidiary of OWNDAYS Singapore. The proposed entity is intended for import, wholesaling, and distribution of eyewear and optical products in South Korea, with an initial investment planned at KRW 300 Million (approx. ₹ 20.2 Million).
• China Trading Subsidiary: Approval was also given for the incorporation of Wenzhou Framekart Trade Co., Ltd. in China. This entity will serve as a step-down subsidiary and is intended to handle trading, import, export, and procurement of spectacle frames and allied optical products, with an initial investment set at RMB 1 Million (approx. ₹ 14.14 Million).

Stock Options and Operational Details​

The Board of Directors also approved the allotment of 5,85,561 equity shares to eligible employees upon the exercise of options granted under the Lenskart Employees Stock Option Plan, 2021.

Additionally, the results reflected:

• Merger Approval: The company’s Board approved a scheme for the merger of Dealskart Online Services Private Limited and Lenskart Eyetech Private Limited (both wholly-owned subsidiaries) with Lenskart Solutions Limited.
• Subsidiary Status: One subsidiary, Marco Optical (Thailand) Co. Ltd., was acquired by Lenskart Solutions Pte. Ltd. on April 1, 2026, for Rs. 7.08 crores.

The unaudited consolidated financial results showed Total Revenue from Operations stand at 2,714.18 Crore for the quarter ending June 30, 2026.

LENSKART Stock Price Movement​

Lenskart Solutions Limited shares slipped on Wednesday by 0.71% to settle at ₹586.45. The stock closed after previously hitting a 52-week high, trading within a range of ₹581.3 to ₹593.35 amid a volume of 5.03 million shares.