Lenskart adds 203 India stores as Q2 FY26 revenue rises 24%, widening eyewear lead
Lenskart reached 431 cities after adding 203 net new India stores, with Q2 FY26 revenue up 24% year on year to Rs 2,146.6 crore and EBITDA margin at 19.8%. Titan EyeCare had 871 exclusive stores in September 2025, while its domestic income rose to Rs 215 crore and EBIT fell to Rs 12 crore.
Lenskart is scaling India eyewear through AI-led site selection, remote testing, local manufacturing and rapid delivery, while Titan EyeCare relies on optometry and fitting services. Lenskart reported stronger growth and margins; Titan’s income grew but segment EBIT declined.
Why this matters
The expansion follows signals that Lenskart and Titan remain key Indian eyewear rivals and that HSBC's April 2026 Hold call projected Lenskart's India network could reach about 7,000 stores from 2,500.
retail-company is accelerating, up 1,111,400% QoQ.