Lenskart Solutions Limited has informed the Exchange about Acquisition
LENSKART · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Lenskart Solutions Limited held its Board Meeting on May 20, 2026, approving the audited standalone financial results for FY 2025-26. The company reported total income of Rs 54,498.46 million and profit after tax of Rs 4,758.84 million, more than doubling from Rs 1,880.72 million in the previous year. EPS improved to Rs 2.80 from Rs 1.12. Key acquisitions include additional stake in OWNDAYS Inc. (Japan) by its Singapore subsidiary, 84.21% stake in Stellio Ventures S.L for Rs 4,102.72 million, and further investments in associates like Dimension NXG and iiNeer Co. Ltd. The Board also gave in-principle approval for the merger of two wholly-owned subsidiaries (Dealskart Online Services and Lenskart Eyetech) with the parent company, subject to NCLT, shareholder, and creditor approvals.
Strong financial performance with PAT more than doubling demonstrates operational efficiency. The proposed subsidiary merger will streamline the group structure and reduce administrative costs. Multiple acquisitions indicate continued expansion strategy, though pending NCLT approval for the merger introduces execution timeline risk.