Lenskart Solutions Ltd disclosed a block deal valued at ₹2,047.4 crore, with Platinum Jasmine A 2018 Trust offering 1.7% of the company at a floor price of ₹682.45 per share. That price sits 3.5% below Lenskart’s last close, and the shares will be locked for 90 days.
The quarter’s earnings beat expectations: net profit rose to ₹222 crore from ₹60 crore a year earlier, while the profit‑after‑tax margin expanded 443 basis points to 8.4% from 4%. Analysts had forecast a 5% rise, so the company outperformed on both absolute and relative terms.
Revenue climbed 43.3% YoY to ₹2,714.2 crore against ₹1,894.5 crore in Q1 FY26, and EBITDA surged 75.1% to ₹588.5 crore, lifting the margin from 17.7% to 21.7%. The EBITDA before Ind AS 116 hit 13.3%, up from 9.1%.
Product margins kept pace: consolidated margin hit 70.3% for the first time, up from 68.7% a year ago; India’s margin edged to 64.2% and international to 77.1%. Currency headwinds eased as the rupee weakened against the yuan, helping margins.
Operating cash flow topped ₹297 crore, exceeding capex of ₹207 crore spent on stores and plant upgrades, while net cash flow before M&A and equity stood at ₹116 crore. Return on capital employed jumped to 23.2% from 14.6%.
Shares closed at ₹706.60, a 3.94% lift, reflecting the block‑deal buzz and robust Q1 performance. Investors will be watching the next earnings cycle for guidance on growth and capital allocation.