According to an exchange filing, earnings before interest, tax, depreciation and amortisation (EBITDA) increased 11.8% QoQ to ₹463.4 crore from ₹414.4 crore. Margins improved slightly to 20.1% from 19.8% in Q2.
During the nine months ended December 31, 2025, the company said its wholly owned subsidiary, Lenskart Singapore Pte. Ltd., acquired an 84.21% stake in Stellio Ventures S.L for ₹4,102.72 million. This includes deferred consideration of ₹523.58 million payable to the founders within three years and 45 days from the acquisition date of August 11, 2025.Also Read:
Lenskart valuations cap near-term upside; Citi initiates with ₹500 targetThe company also acquired an additional 79.19% stake in QuantDuo Technologies Pvt. Ltd., taking its total holding to 96.57% for ₹114 million. It further invested ₹215.02 million to acquire a 5.05% stake in Dimension NXG Pvt. Ltd., classified as an associate. Lenskart Singapore also acquired a 21.60% stake in iiNeer Co. Ltd. for ₹126.74 million, with an agreement in place to purchase an additional 7.60% stake, also classified as an associate.
During the nine months ended December 31, 2025, the company completed its IPO of 181,063,669 equity shares of face value ₹2 each, comprising a fresh issue of 53,501,096 shares and an offer for sale of 127,562,573 shares, aggregating to ₹72,780.15 million.
Of the ₹20,806.25 million raised through the fresh issue, ₹500 million had been utilised as of December 31, 2025, towards the stated objects of the offer, while the remaining proceeds were temporarily invested in fixed deposits.
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Shares of Lenskart Solutions Ltd closed 0.50% lower at ₹473.00 on the NSE on Wednesday, down ₹2.40 during the session.
