Eyewear retailer Lenskart Ltd. posted a robust set of results for the second quarter of FY25, signaling healthy growth momentum.

The recently-listed company reported a net profit of ₹102.2 crore for the September quarter, up 19.7% from ₹85.4 crore in the same period last year and a 70.3% sequential increase from ₹60 crore in the previous quarter. The company recorded no exceptional losses in Q2, compared to ₹10.4 crore in the prior quarter.

Revenue rose 20.8% year-on-year to ₹2,096 crore from ₹1,735.6 crore, and 10.6% sequentially from ₹1,894.4 crore in Q1 FY25. Earnings before interest, tax, depreciation, and amortization (EBITDA) grew 44.5% year-on-year to ₹414.2 crore, up 23.3% from ₹336 crore in Q1, with the margin expanding to 19.76% from 18% in the previous quarter.

Ahead of the earnings announcement, brokerage firm Jefferies initiated coverage of Lenskart with a “buy” rating and a target price of ₹500 per share. The firm highlighted the company’s strong growth potential, noting its 5% market share and vertically integrated omni-channel model, which offers cost efficiency, rapid delivery, and superior customer experience.

Lenskart debuted on the stock market on November 10, 2025, at ₹305 per share, a 3% discount to its issue price of ₹403. The stock closed the previous session at ₹411.8, up 1%.