LENSKARTBSELenskart Solutions LtdMediumNeutral
Announced Wed, 20 May · 21:14 IST

Lenskart Solutions Limited has informed the exchange about the re-appointment of Internal Auditor and Secretarial Auditor

Management Changes View source PDF

LENSKART · price

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Price reaction · full curve 14 horizons · vs prior close
+6.0%1-day move
₹484.00
prior close
₹513.00
base price
After-mkt
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AI summary

Lenskart Solutions Limited held a Board meeting on May 20, 2026, approving several key matters. The company reported strong audited standalone financial results for FY26 with total income of Rs 54,498.16 million (up from Rs 42,255.26 million in FY25) and profit after tax of Rs 4,758.84 million (vs Rs 1,880.72 million in FY25), with basic EPS of Rs 2.80. The company completed its IPO in November 2025 and is expanding through acquisitions including additional stake in OWNDAYS Inc. Japan, 84.21% stake in Stellio Ventures S.L, and investments in associates. The Board also gave in-principle approval for merging two wholly-owned subsidiaries (Dealskart Online Services and Lenskart Eyetech) to streamline the group structure. PwC Services LLP was re-appointed as Internal Auditor and DPV & Associates LLP as Secretarial Auditor for FY26-27.

Likely market impact

Strong financial performance with net profit more than doubling year-over-year signals healthy business growth. The proposed merger and acquisitions indicate continued expansion strategy, which could be positive for long-term shareholder value.