glasses Manufacturing company Lenskart Solutions on Saturday said that its consolidated net profit increased by 19.8 percent to Rs 103.4 crore in the second quarter of the current financial year ending September 30, 2025. The company had reported a net profit of Rs 86.3 crore in the same period a year ago. Lenskart reported 21 percent growth in consolidated income from operations in the second quarter of the current financial year. This figure increased from Rs 1,735.68 crore to Rs 2096.14 crore on an annual basis.
The company has been listed in the stock market this month.
Let us tell you that Lenskart has recently been listed in the Indian stock market. The IPO of Lenskart Solutions opened on 31 October and closed on 4 November. The company had raised Rs 7278.02 crore from its IPO. Under its IPO, Lenskart had fixed the price band of Rs 382 to Rs 402 for each share with a face value of Rs 2 and had allotted shares at the rate of Rs 402. A total of 18,10,58,478 shares were issued in the company’s IPO, of which 5,34,95,905 shares worth Rs 2150.38 crore were sold and 12,75,62,573 shares worth Rs 5127.64 crore were sold by the company’s promoters through OFS.
Despite excellent subscription, shares were listed at a discount
Lenskart’s IPO received overwhelming support from investors and was subscribed a total of 28.27 times. The listing of Lenskart on BSE and NSE, both the major exchanges of the Indian stock market, took place on 10 November. However, the listing price of the company’s shares did not live up to expectations. On BSE, Lenskart shares were listed at ₹390, a discount of 3% compared to its issue price of ₹402, while on NSE they were listed at ₹395 per share, a decline of 1.74% from the issue price. On Friday, November 28, shares of Lenskart closed at Rs 411.20 with a gain of Rs 3.50 (0.86%) on BSE.
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