Interim report
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Lenskart Solutions Limited (Formerly known as Lenskart Solutions Private Limited) Registered & Corporate Office: 6 Worldmark, 8th Floor, Gateway District, Delhi Aerocity, New Delhi 110037 Website: www.lenskart.com | Email: compliance.officer@lenskart.com | Phone: 0124 – 4293191 CIN: L33100DL2008PLC178355 Date: November 4, 2026 National Stock Exchange of India Limited The Listing Department, Exchange Plaza, Bandra Kurla Complex, Mumbai - 400 051 Scrip Symbol: LENSKART BSE Limited Department of Corporate Services, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400 001 Scrip Code: 544600 Sub.: Outcome of the Board Meeting Ref: Regulations 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI L ODR Regulations”) read with Schedule III thereto Dear Sir/ Ma’am, In reference to captioned subject and further to our letter dated October 17, 2026, we hereby inform you that the Board of Directors of Lenskart Solutions Limited (“the Company”), at its meeting held today i.e. November 4, 2026, commenced at 01:00 PM (IST) and concluded at 03:28 PM (IST), has inter-alia, considered and approved 1. Financial Results The Unaudited Financial Results (Standalone and Consolidated) for the quarter and half-year ended September 30, 2026 (“Financial Results”), and have taken on record the limited review report(s) issued by the Statutory Auditors of the Company, enclosed as Annexure - 1; and 2. Proforma Information Proforma Financial Information for the quarter and half-year ended September 30, 2026, enclosed as Annexure - 2. These financial statements reflect the comparative numbers for corresponding periods on account of acquisitions made by the Company in the last 12 months to enable a like-for-like comparison, prepared by the Management not subjected to review/audit. 3. Change in registered office of the Company from “Plot No. 151, Okhla Industrial Estate, Phase III, New Delhi – 110020” to “ 6 Worldmark, 8 th Floor, Gateway District, Delhi Aerocity, New Delhi 110037”, within local limits of Delhi, with effect from November 4, 2026. 4. The allotment of 4,60,934 equity shares having face value of ₹ 2 each, as fully paid-up, to the eligible employees, upon exercise of vested options granted under Lenskart Employees Stock Option Plan, 2021 The necessary disclosures pursuant to SEBI Master Circular No. HO/49/14/14(7)2025 -CFD- POD2/I/3762/2026 (last updated on January 30, 2026), with respect to item No. 4 is enclosed herewith as Annexure – 3 and the statement under Regulation 10(c) of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, with respect to item No. 5, is enclosed as Annexure – 4.
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Lenskart Solutions Limited (Formerly known as Lenskart Solutions Private Limited) Registered & Corporate Office: 6 Worldmark, 8th Floor, Gateway District, Delhi Aerocity, New Delhi 110037 Website: www.lenskart.com | Email: compliance.officer@lenskart.com | Phone: 0124 – 4293191 CIN: L33100DL2008PLC178355 The aforesaid information will also be hosted on the website of the Company at https://www.lenskart.com/corporate/investorrelations. We request you to take the above information on record. Thanking you, Yours Sincerely, For Lenskart Solutions Limited (Formerly known as Lenskart Solutions Private Limited) Ashish Kumar Srivastava Company Secretary and Chief Compliance Officer Membership No.: F5325 Place: New Delhi
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S.R. BATLIBOI & ASSOCIATES LLP Char t ered Account ants 4th Floor, Offi ce 405 World Mark - 2, Asset No. 8 IGI Airport Hospita lity District, Aerocity New Delhi - 110 037, India Tel : +91 1146819500 Independent Auditor's Review Report on the Quarterly and Year to Date Unaudited Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors Lenskart Solutions Limited (formerly known as Lenskart Solutions Private Limited) 1. We have reviewed the accompanying Statement of Unaudited Standalone Financial Results of Lenskart Solutions Limited (formerly known as Lenskart Solutions Private Limited) (the "Company ") for the quarter ended September 30, 2026 and year to date from April O 1, 2026 to September 30, 2026 (the "Statement") attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations , 2015 , as amended (the "Listing Regulations "). 2. The Company's Management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, ("Ind AS 34") " Interim Financial Reporting " prescribed under Section 133 of the Companies Act, 2013 as amended , read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The Statement has been approved by the Company's Board of Directors. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagement s ("SRE'") 2410, " Review of Interim Financial Information Performed by the Independent Auditor of the Entity " issued by the Institute of Chartered Accountants of India . This stand ard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement . A review of interim financial information consists of making inquiries , primaril y of person s responsible for financial and accounting matters , and applying analytical and other review procedures . A review is substanti ally less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordin gly, we do not express an audit op1111on. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement , prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard s ("Ind AS") specified under Section 13 3 of the Companies Act, 2013 as amended , read with relevant rules issued thereunder and other accounting principles generally accepted in India , has not disclosed the information required to be disclosed in terms of the Listing Regulation s, including the manner in which it is to be disclosed , or that it contains any material misstatement. For S.R. BATLIBOI & ASSOCIATES LLP Chartered Accountants ICAI Firm registration number: 101049W/E300004 ~ha Partner Membership No .: 094941 UDIN : 26094941 SXPDTT4635 Place : New Delhi Date: November 04, 2026 S.R. Ball1bo1 & Assoc iate s LLP, a Lunit ed L1ab1l1ty Partner ship w11h LLP Ident ity No AAB --1 29 5 Regt1. OflJCe : 22. Camac Street, Block '8', 3rd rroor . Kolkat a-700 0 16 Annexure - 1
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Lenskart So lutions Limited (Formerly known as LenskaJ"! Solutions Prirnle Limited) Regd. Office: 6 Worldmark, 8th Floor, Gateway District, Delhi Aerocity, New Delhi 110037, India CIN : L33 IO0DL2008PLC 178355 Tel no. : +9 1 124 429 3191, Email : compliance.officer((!Jlenskart.com, Website URL: hnps://www.lenskart.com Part I. Stateme nt of Unau dited Sta ndalone Financia l Results for the quarter and six months ended 30 September 2026 (Rs in crorcs) Quarte r ended For Six months ended For the year ended Sr.No Particu lars 30 Septe mber 2026 30 June 2026 30 September 2025 30 September 2026 30 September 2025 31 Morch 2026 Unau dited Unaudited Unaudited Unaudited Unaudited Audite d Refer note 11 Refer note 11 Refer note 11 I Income Revenue from operations 1,663.52 1,524.43 1,229.04 3, 187.95 2,396.58 5,247.84 Other incmm: 61.33 69.00 38.23 130.33 109.62 202.01 Tota l Income 1,724.85 1,593.43 1,267.27 3,318.28 2,506.20 5,449.85 2 Expenses Cost of raw materials and components consumed 538.96 461.51 394.45 1,000.47 759.47 1,632.78 Purchases of stock-in-trade 123.05 75.37 72.12 198.42 146.09 253.89 Changes in inventories of finished goods, work in progress and stock in trade (61.75) 11.37 (16.06) (50.38) (26.33) 25.00 Employee benefits expense 292.53 225.79 11 7.93 518.32 220.00 -l-10.40 Finance costs 39.1 I 40.70 29.90 79.8 1 58.19 128.67 Deprec iation and amortization expense 139.39 131.11 98.52 270.50 189.20 419.37 Other expenses (refer note I 0) 425.37 452.31 437.76 877.68 873.49 1,914.42 Tota l Expe nses 1,496.66 1,398.16 1,134.6 2 2,894.82 2,220.11 4,81 4.53 3 Profit before except ional item and tax for the period / year (l -2) 228.19 195.27 132.65 423.46 286.09 635.32 4 Exceptional Item -(loss) (refer note 4) - (13.59) (18.91) 5 Profit before lax for the period/ year (3+4) 228.19 195.27 132.65 423.46 272.50 616.41 6 Tax Expenses -Current tax (refer note 9) 84.54 65.27 56.47 149.81 97.90 215.61 -Deferred tax ( credit) (24.20) (21.48) (22.93) (45.68) (28.94) (75.08) Tota l tax expenses 60.34 43.79 33.54 104.13 68.96 140.53 7 Profit after tax for the period/ year(5-6) 167.85 151.48 99.11 3 19.33 203.54 475.88 8 Other Comprehe nsive Income / (Loss) (a) Items that will not hc rcclassilicd lo profit or loss -Rcmca surc1m:nl t!oss)/gain on•Dcfincd Benefit Plans (0.10) (1.56) 0.52 (1.66) 0.48 0.23 -Im:ome Tax crcdit/(chargc) 0.02 0.39 (0.13) 0.4 1 (0.12) (0.06) (b) Items that will be redassificd to profit or loss -Net movement in cost of cash flow hedges 3.32 (3.32) -Inco me Tax (charge)/cred it (0.84) 0.84 - Tota l Other Comprehens ive Inco me/ (Loss) for the period/year 2.40 (3.65) 0.39 (1.25) 0.36 0.17 9 Tota l Comprehe nsive Inco me for the period/year (7+8) 170.25 147.83 99.5 0 3 18.08 203.90 476.05 JO Paid-up Equity Share Capital (Face Value Rs 2 each) 347.86 347.75 154.39 347.86 154.39 347.28 ti Instruments entirely equity in nature (refer note 6) 167.10 - 167.10 - 12 Other Equity 8,771.77 13 Basic Earnings Per Share of Rs 2 each* 0.96 0.88 0.59 1.84 1.21 2.80 14 Diluted Earnings Per Share of Rs 2 each* 0.96 0.87 0.59 1.83 1.21 2.80 * Earnings Per Share is not annualized for quarters.
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Lenskart Solutions Limited (Formerly known as Lensk.~rt Solutions Private Limited) Regd. Office : 6 Worldmark, 8th Floor, Gateway District, Delhi Aerocity, New Delhi 110037, India CIN : L33 l 00DL2008PLC 178355 Tel no. : +91 124 429 3191, Email : compliance.ofticer@lenskart.com, Website URL: https://www.lenskart.com Part II. Statement of Standalone Assets and Liabilities Particulars ASSETS Non Current Assets Property, Plant and Equipment Capital Work-In-Progress Other Intangible Assets Right-of-Use Assets Financial Assets (i) Investments (ii) Other Financial Assets Deferred Tax Assets (Net) Non current tax assets Other Non-current Assets Total Non-current Assets Current Assets Inventories Financial Assets (i) Investments (ii) Trade Receivables (iii) Cash and Cash Equivalents (iv) Bank Balances other than Cash and Cash Equivalents above (v) Other Financial Assets Other Current Assets Total Current Assets Total Assets EQUITY AND LIABILITIES EQUITY Equity Share Capital Other Equity Total equity LIABILITIES Non Current Liabilities Financial Liabilities (i) Borrowings (ii) Lease Liabilities Provisions Other Non Cun-ent Liabilities Total Non-current Liabilities Current Liabilities Financial Liabilities (i) Borrowings (ii) Lease Liabilities (iii) Trade Payables (a) total outstanding dues of micro enterprises and small enterprises (b) total outstanding dues of creditors other than micro enterprises and small enterprises (iv) Other Financial Liabilities Provisions Other Current Liabilities Current Tax Liabilities (net) Total Current Liabilities Total Liabilities Total Equity and Liabilities As at 30 September 2026 Unaudited 1,3 12.36 234.90 2.26 1,865.43 4,533.21 95.00 162.50 7.43 216.84 8,429.93 1,139.44 445.86 139.12 166.85 246.41 1,948.15 391.43 4,477.26 12,907.19 347.86 9,121.33 9,469.19 42.68 1,666.97 29.30 61.52 1,800.47 24.45 367.09 131.54 695.20 164.69 33.26 215.87 5.43 I,637.53 (Rs in Crores) As at 31 March 2026 Audited Refer note 11 1,281.70 109.14 3.11 1,591.72 4,323.26 109.11 116.39 15.32 61.82 7,611.57 745.92 341.04 133.83 219.61 558.87 2,087.01 331.02 4,417.30 12,028.87 347.28 8,771.77 9,119.05 54.91 1,516.27 13.42 62.8 1 1,647.41 24.45 203.71 72.27 455.99 270.41 25.09 205.06 5.43 1,262.41 2,909.82 IZ,028.87
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Lenskart Solutions Limited (Formerly known as Lenskart Solutions Private Limited) Regd. Offa:e: 6 Worldmurk. 8th Floor, Gateway District, Delhi Aerocity, New Ddhi 110037, India CIN: LJ3 I00DL2008PLC\ 78355 Td no.: +91 124 429 3191, Email : complium.:e.ofticer@lt:nskart.com, Website URL: hnps: //www. lenskart.com Part Ill. Statement of Standalone Cash flow for the six months ended 30 September 2026 Particulars A. Cash flow from operating activities B. Profit before tax Adjustments for: Depreciation and amorti zatil}n expense Gain on redemption / fair valuation of mutual fond units Grant income Interest income on tixed deposits Interest income on trndc rcccivablcs Interest income on loan 10 subsid iary Interest im:omc on fin.1111:ial nsscts measured nt amortised cost - security deposits Interest on bonds Loss on salt!:disposul of property. plant and cquipme nt Financr: costs Gain on termination of leases Provision for warranty expenses Share based payment s to employees Unrealized foreign exchange gain (net) Duty Drawback Liabilities no longer requir ed written hack Loss l)tl allowance for doubtful debt and adv:mccs and trade rcccivahlc s Dividend Income Impaim1ent of investment in equity shares Opuating Profit before working c:tpit:tl changes Changes in Working Cupitul: (Increase)/Decreuse in trade receivables (Increase) in inventories (Increase) in other finum:iol osset (Increase) in othl!r ussds Increase in provisions Im:reasr: in tr.idc payabk s (Dccrcasc)/lnerease in other financia l liabilities l.ncrcasc/(Decrca sc} in other liabilities Cash generated from opcrntions Income tax paid (Net) Net cash flow generated from operating acti\'itics (A) Cash flow from investing :1ctivitics Purchase of property, plant :md equipment, capital work-in-progress nnd right of Proceeds from sale of property. plant and equipmen t and intangible assets Acquisition or invr:stmcnts in subsidiarir:s Acquisition /Inwstment in joint venture and associates Investments in bonds Proceeds from maturity of bonds Proceeds from sale of mutual fun<ls Investment in mutual fun<ls Investment in fixed deposits Redemption of fixed deposits Dividend lncorrn: Interest received on fixed depos its and bond s Net cash flow used in in,·esting activities (B) C. Cash flow from financing :.lctiYitics Proceeds from issue of share capital (including share premium) Proceeds from salc oftrcaSury shares Purchase of treasury shares Repayment of borrowing s Payment of principal portion oflcasc liabilities Payment of interest portion oflease liabilities Interest paid Net cash flow used in financing activities (C) Net decrease in cash and cash equiva lents (A+B+C) Cush and cash cquh 'alcnts :it the beginning of lhc period Cash and cash equivalents :lf the end of the period Cash and C:,sh Equh·:1lcnts Includes Balances with banks - In current accounts - Cash llll hjand - Bank deposits with original maturity less than 3 months Total Cash & Cash Equivalents Six months ended 30 September 2026 Unaudited 423.46 270.50 (7.01) (3.20) (74.62) (2.02) (3.40) (11.56) 0.35 79.81 (1.00) 0.38 6.31 (4.49) (0.01) (0.42) 3.01 (3.17) 672.92 (3.50) (393.52) (10.16) (73.56) 22.00 301.65 (10.26) 12.72 518.29 (141.19) 377.10 (412.40) (292.66) (17.00) (170.06) 50.00 373.61 (250.01) (527. 78) 931.44 3. 17 45.09 (266.60) 23.00 (12.22) (96.25) (75.48) (2.31) (163.26) Six months ended 30 September 2026 (52.76) 219.61 166.85 86.92 14.93 65.00 166.85 (Rs in Crores) Six months ended 30 September 2025 Unaudited Refer note I I 277..50 189.20 (32.73) (2.88) (13.82) (10.29) (2.35) 0.20 58.19 (0.30) 5.00 3.71 (34.78) (3.10) 0.32 13.59 442.46 95.88 (72.97) (85.86) (22.83) 0.21 70.63 6 . .12 (10.75) 423.09 (71.22) 35 1.87 (184.62) (1.15 (601.22) (22.00) 812.48 /2 15.00) (388.24) 332.72 29.74 (235.99) 3.24 8.14 (0.01) (11.37) (71.10) (54.20) (3.37) (128.67) (12.79) 113.22 100.43 Six months ended 30 September 2025 100.43 100.43
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Part IV. Notes to the Statement of Unaudited Standalone Financial Results This Statement of Unaudited Standalone Financial Results have been reviewed by the Audit Committee and approvt.::d by the Board ofDin:etors in their meetings held on 04 Novemb er 2026. • 2 This Statement of Unaudited Standa lone Financia l Results have hccn prepared in accordance with the recognition and measurement princ iples laid down in Indian Accounting Standard 34, (Ind AS 34) Interim Financial Reporting prescrihed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principl es genera lly accepted in India and in compliance with Regulation 33. Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation s, 2015, as amended. During the year ended 31 March 2026, the Company has comp leted its Initial Pub lic Ofter (IPO) of 181,058,478 equity shares of foce value Rs. 2 each. The issue comprised of 53,495,905 shares offered as fresh issue and 127.562,573 shares oflCrcd as oflCr for sale aggregat ing to Rs.7,278.02 crorcs. Pursuan t to JPO, the equity shares of the Company were listed on Nationa l Stock Exchange of India Limited (NSE) and BSE Limited (BSE) on IO November 2025. Out of the total proeel.!ds of Rs. 2,150.00 erorcs raised through the Fresh Issue pursuant to the IPO, Rs. 529.71 erorcs had been utilised up to 30 September 2026 towards the objects of the Offer as disdosed in tht.:: Offer Document. Tht.:: remaining unutilised proceeds were temporarily invested in fixed deposits and kept in bank balances and will be utilised in line with the swh:d objl.!cts of the offer. 4 Exceptional items includes: (Rs. in Crores) Particulars Quarter ended Six months ended Year ended 30 September 30 June 2026 30 September 2025 30 September 2026 30 September 2025 31 March 2026 Unaudited Unaudited Unaudited Unaudited Unaudited Audited lmpainn cnt of investments in equity sha res 13.59 13.59 Expenses on fresh issue of shares through IPO - - - - 5.32 Tota l - - - - 13.59 18.91 During the six months ended 30 September 2026, the Company ' s wholly owned subsidiary, Lenskart Singapore Ptc. Ltd., acquired an 50% stake in Marco Optical (Thaihmd) Co. Ltd. for Rs. 7.08 crorcs on 1 April 2026. Marco Optical (Thailand) Co. Ltd. is engaged in the manufacturing of frames. The arrangement has been accounted aS a joint operation as per guidance of Ind AS 111 "Joint Arrangements". 6 During the year ended 31 March 2026, the Board of Directors approved the conversion of 833,223,582 outstanding preference shares into equity shares, in accordance with the tenns of issue. The Company h.:is tiled the requisite statutory forms with the Ministry ofCorpor.:ite Affairs (MCA) in this regard. During the six months ended 30 September 2026, the Company has granted I 3,33,226 stock options under Stock option plan, as approved by Board of Directors to the eligible employees of the Company and its subsidiaries. Further. 11 .9 1,407 stock options have lapsed and 28,90, 16 1 stock options were exercised. 8 The Board of Directors of the Company. al its meeting held on 2 July 2026. has approved the scheme for the merger of Dcalskart Online Services Private Limited and Lenskart Eyeteeh Private Limited , (TrJn sferor Compan ies. wholly owned Subsidia ries ) with Lenskart Solutions Limited (Transferee Compa ny). The merger is subject to requi site statutory and regulatory approvals , including approva l of the shareholders, creditors and National Company Law Tribunal (NCLT) under the Companies Act, 20 13. and no effect of the proposed merger has been given in these Unaudited Standalo ne Financia l Results . The Company has filed the .:ipprovcd Scheme with the NCLT on 21 August, 2026 .:ind the matter is pending adjudication. Current tax for the year ended 31 M.:irch, 2026 includes income tax credit relating to previous year of Rs.7.22 crores. 10 Item exceed ing 10% of total expendit ure (Rs. in Crorcs' Particulars Quarter ended Six months ended Year ended 30 September 30 June 2026 30 September 2025 30 September 2026 30 September 2025 31 March 2026 2026 Unaudi ted Unaudited Unaud ited Unaudited Unaudited Audited Operation and mainten ance expense s 16.21 72.94 145.60 89.1 5 274.99 624.77 I I Figures for the current and previous period s in this Statement of Unaudited Standalone Financial Results arc presented in Rs. Crore (rounded off to two decima l places), against Rs. in Million presented earlier. This change in presentation docs not impact profit/(loss), total equity, or any other reported figure for the current or previous periods. 12 Subsequent to period end 30 September 2026, the Company's wholly owned subsidiary, Lenskart Singapore Pte. Ltd. acquired an additional 19% stake in Baofeng Framekart Techno logy Limited for Rs. 10.83 crores. Consequent to this, the Group holds 70% stake in Baofeng and it has become a subsidiary of the Group. 13 These St.:indalone Financial Results for the quarter and six months ended 30 September 2026 are available on the BSE Limited website (URL: www.bseind ia.com), the National Stock Exchange orindia Limited website (URL: www.nseindia.com) and on tht! Company's website (URL: https ://www.lenskart.com). For and on behalf of the Board of Directors of Lenskart Solutions Limited '\:;::·"~'""""'''""'"""~ Pcyush Bansal Chairman . Managing Director and Chief Execlllive Q[/icer DIN:02070081 Place: New Delhi Date: 04 November 2026
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S.R. BATLIBOI & ASSOCIATES LLP Chartered Acco untants 4th Floor, Off ice 405 World Mark - 2, Asset No. 8 IGI Airport Hospitality District , Aerocity New Delhi - 110 037, India Tel : +91 11 4681 9500 Independent Auditor's Review Report on the Quarterly and Year to Date Unaudited Consolidated Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors Lenskart Solutions Limited (formerly known as Lenskart Solutions Private Limited) 1. We have reviewed the accompanying Statement of Unaudited Consolidated Financial Results of Lenskart Solutions Limited (formerly known as Lenskart Solutions Private Limited) (the "Holding Company ") and its subsidiaries (the Holding Company and its subsidiaries together referred to as "the Group"), its associates, joint ventures and joint operation for the quarter ended September 30, 2026 and year to date from April O I, 2026 to September 30, 2026 (the "Statement") attached herewith, being submitted by the Holding Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations"). 2. The Holding Company's Management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, ("Ind AS 34") "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The Statement has been approved by the Holding Company's Board of Directors. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements ("SRE") 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters , and applying analytical and other review procedures . A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also perfonned procedures in accordance with the Master Circular issued by the Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, to the extent applicable. 4. The Statement includes the results of the subsidiaries, associates, joint ventures and joint operation as listed in Annexure A. 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of other auditors referred to in paragraph 6 below , nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with recognition and measurement principles laid down in the aforesaid Indian Accounting Standards ("Ind AS") specified under Section 133 of the Companies Act, 2013, as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. ~:"::..,\ ·~- r ' i t:%: . -) ~, J;:: ~ ,/*'ri/J ;1/ 5.R. Ball1bo1 & Associate s LLP, a L1m1led L1abi ht y Par tn ership ml h LLP Ident ity No AAB·t1 295 Reqd . Of fice : 22 . Cai nae Stre et, Block '8 ', 3rd Floor. l{o lkalr1·700 0 1 o ~
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S.R. BATL/801 & ASSOCIATES LLP Charte red Acco untants 6. The accompanying Statement includes the unaudited interim financial results and other financial information, in respect of: • 14 subsidiaries , whose unaudited interim financial results include total assets of Rs. 5,519.49 crore as at September 30, 2026, total revenues of Rs 1,231.27 crore and Rs 2,519.21 crore, total net profit after tax of Rs. 73 .87 crore and Rs. 147.53 crore, total comprehensive income of Rs. 48.33 crore and Rs. 131.15 crore , for the qua1ter ended September 30, 2026 and the period ended on that date respectively, and net cash inflows of Rs. 196.13 crore for the period from April O 1, 2026 to September 30, 2026, as considered in the Statement which have been reviewed by their respective independent auditors. • 01 joint venture, whose unaudited interim financial results include Group's share of net loss of Rs. 0.05 crore and Rs. 0.18 crore and Group 's share of total comprehensive loss of Rs. 0.05 crore and Rs. 0.18 crore for the quarter ended September 30, 2026 and for the period from April O 1, 2026 to September 30, 2026 respectively , as considered in the Statement whose interim financial results , other financial information have been reviewed by their respective independent auditors . Out of the above 05 subsidiaries are located outside India whose financial results and other financial information have been prepared in accordance with accounting principles generally accepted in their respective countries and which have been reviewed by other auditors under generally accepted auditing standards applicable in their respective countries. The Holding Company's management has conve1ted the financial results of such subsidiaries located outside India from accounting principles generally accepted in their respective countries to accounting principles generally accepted in India. We have reviewed these conversion adjustments made by the Holding Company's management. Our conclusion in so far as it relates to the balances and affairs of such subsidiaries located outside India is based on the repo1t of other auditors and the conversion adjustments prepared by the management of the Holding Company and reviewed by us. The independent auditor's reports on interim financi al results of these entitie s have been furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures in respect of these subsidiaries is based solely on the repo1t of such auditors and procedures performed by us as stated in paragraph 3 above . 7. The accompanying Statement includes unaudited interim financial results and other unaudited financial information in respect of: • 09 subsidiaries , whose interim financial results and other financial information reflect total assets of Rs 76.44 crore as at September 30, 2026, and total revenues of Rs 6.14 crore and Rs 12.22 crore, total net profit after tax of Rs. 1.65 crore and Rs. 2.20 crore , total comprehensive income of Rs. 1.65 crore and Rs. 2.20 crore , for the quarter ended September 30, 2026 and the period ended on that date respectively and net cash outflows of Rs. 1.54 crore for the period from April 01 , 2026 to September 30, 2026 . • 01 joint operation , whose interim financial results and other financial infonnation reflect total assets of Rs 52.02 crore as at September 30, 2026 , and total revenues of Rs 0.45 crore and Rs 0.45 crore , total net loss after tax of Rs l. 79 crore and Rs 4.42 crore, total comprehensive loss of Rs 1.79 crore and Rs 4.42 crore , for the quarter ended September 30, 2026 and the period ended on that date respectively, and net cash outflow s of Rs 1. I 1 crore for the period from April 01 , 2026 to September 30, 2026.
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S.R. BATL/B01 & ASSOCIATES LLP Chartered Accountants • 0 l joint venture and 03 associates , whose interim financial results includes the Group's share of net loss of Rs 0.79 crore and Group's share of net profit of Rs 2.44 crore and Group 's share of total comprehensive loss of Rs 0.79 crore and Group 's share of total comprehensive income of Rs 2.44 crore for the quarter ended September 30, 2026 and for the period from April O 1, 2026 to September 30, 2026 respectively. The unaudited interim financial results and other unaudited financial information of these subsidiaries , joint operation , joint venture and associates have not been reviewed by their auditor(s) and have been approved and furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the affairs of these subsidiaries, joint operation , joint venture and associates , is based solely on such unaudited interim financial results and other unaudited financial information. According to the information and explanations given to us by the Management, these unaudited interim financial results and other unaudited financial information are not material to the Group. Our conclusion on the Statement in respect of matters stated in para 6 and 7 above is not modified with respect to our reliance on the work done and the reports of the other auditors and the financial results and other unaudited financial infonnation certified by the Management. For S.R. Batliboi & Associates LLP Chartered Accountants ICAI Firm registration number: 101049W/E300004 ~ per Yogesh Midha Partner Membership No .: 094941 UDrN : 26094941 LFWPHM5776 Place : New Delhi Date: November 04, 2026
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S.R. BATL/B01 & ASSOCIATES LLP Charte red Accountants Annexure A Independent Auditor's Report on the Quarterly and Year to Date Unaudited Consolidated Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. (Referred to in paragraph 4 of our report of even date) List of Subsidiaries: Sr. No. Name of Entity 1 Lenskart Eyetech Private Limited 2 Lenskart Foundation 3 Lenskart Solutions Pte. Ltd. 4 Lenskart Optical Trading LLC 5 Lenskart Optical Lenses Cutting LLC 6 Lenskart Arabia Limited 7 Lenskart Solutions Company Limited 8 Lenskart Solutions Sdn. Bhd. 9 PT Lenska11 Solutions (Indonesia) 10 Thai Eyewear Company Limited 11 Lenskart Solutions (Thailand) Company Limited 12 MLOK.K 13 Owndays Inc. 14 Owndays Singapore Pte. Ltd. * (including subsidiaries) a. Owndays Taiwan Ltd b. Owndays Downunder Pty Ltd C. Owndays Hong Kong Limited d. Owndays Vietnam Company Limited e. Owndays Malaysia Sdn . Bhd. f. Owndays Tech & Media (Thailand) Co., Ltd g, Owndays (Thailand) Co., Ltd. 15 Owndays Co., Ltd 16 Owndays Contact Co, Ltd. 17 Tennozu Optical College Co. , Ltd. 18 Neso Brands Pte. Ltd. 19 Tango IT Solutions India Private Limited 20 Dealskati Online Services Private Limited 21 Stellio Ventures S.L 22 Stellio Ventures UK LTD 23 Quantduo Technologies Private Limited 24 Lenskart Metalframe s Private Limited (w.e.f July 30, 2026) * includes Owndays Cambodia Branch of Singapore
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S.R. BATL/B01 & ASSOCIATES LLP Chartered Accountants List of Joint Ventures: Sr. No. Name of Entity 1 Baofeng Framekart Technology Limited 2 Visionsure Services Private Limited List of Joint Operation : Sr. No. Name ofEntitv Marco Optical (Thailand) Co. Ltd. List of Associates: Sr. No. Name of Entity I Le Petit Lunetier Paris SAS 2 Dimension NXG Private Limited 3 iiNeer Co., Ltd.
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Lenskart Solutions Limited (Formerly known as Lenskart Solutions Pri\ •ate Limited ) Rcgd. Otlice: 6 \Vorldm.uk. kth Floor. Galt:way Disrricf, Delhi Aeroci1y, New Delhi 110037, India Cir-.': L33 )00DLW0RPLCl78355 Tel no.: +91 124 429 3191, Email : compliancc.officcr@lensbrt.com. Website URL: h~ps://www.lcnskart.com Part I. Statement or Unaudited Consolidated Financial Results for the quarter and six months ended 30 September 2026 (Rs in Crores) Quarter endl'd Six mnnth ended Year ended Sr.l\"o Incom e Revenue from or,ernlions Other incrnrn: Total Income Expenses Particulars Cost ofrnw materials and components ~-onsumed Pun:hases of stock-in-1r:1de Changes in inventories of finished goods, work in progress and stock in trade Employee benelirs expense Finam:ccosts Depreciation and amortizalion expense Other expenses Tola! Expenses Prnfil before share or profit/(lnss) or associates ~md joint ventures, exceptinmll ilcm and tax for the period/year (1-2) Share ()fprofit/{loss) of associates and joint ventures {net nftax) Profit before exceptional ilem and tax for the period/year (:l+4) Exceptional Item {loss) {refer note 4) Profit before tax for the period/year (5+6) Tnx Expenses -Current tux (refer note 10) -Ddi!1Tcd tax {credit} Totn l tax expenses f'rofit aOcr t:n: for the period/ yea r (7-8} Profit attributable to -Owners of the Holding Comp:my -Non co111rolling ln1crcs1s to Other cn111prch1msiH income/{loss) is attributable to (a) Items that nill not be reclassified to profit or loss -Remeasurement (Loss) on Defined Benefit Plans -Income lax credit (b) Items that \\ill be reclassified to profit or loss -Net movement in cost of cash flow hedges -Exchange differences on trnnslation of finam:ial slatcments of foreign operation:, -[m:omc tax. crcdit/ch:irgc Total Other eomprehensiYc incomc/(loss} for the period /year Other comprchensh •e incomc/(loss) is alfributable to -Owners of the Huldin!! Company -Non controlling lnkn:sts 11 Total comprehensin income for the pcriod /_ycar (9+IO) Tot:ll Comprch cnsiw.• Income is altribut:iblc to -Owners nfthc !folding Company -Non controlling Interests 12 Paid-up Equity Share Capital !Face Value Rs.:! each) I:\ ln..<:lrnments entirely equity in riaturc (refer note 71 14 Other F.quity 15 Oasic F.amings Per Share of Rs 2 each• 16 Diluted E:irnings Per Share of Rs 2 e:ich• * Earnings Per Share is not annualised for quarters. 30 September 2026 Un:tudited 2,845.03 54.46 2,899.49 720.48 201.95 (68.48) 626.89 53.15 120.62 742.19 2.596.80 302.69 1.79 304.48 304.48 106.53 134.50) 72.03 212.45 227.08 5.37 232.45 (0.05) 0.02 3.32 154.89 (0.8.j) 157.34 )58.70 (1.36) 157.34 389.79 385.7' 4.()\ 389.79 347,86 1.3 1 1.30 30 June 2026 30 September 2025 Unaudited Unaudited Refer Note II 2,71-l.18 2,096.14 68.48 33.26 2.782.66 2 129.40 611.18 551.54 168.M 119.29 7.43 (20.67) 599.36 502.54 5,. 19 45. 17 304.63 253.41 719.09 529.06 2,483.52 1,980.34 299.14 149.06 0.47 {1.06) 299.61 148.00 299,61 148.00 88.55 68.74 I 17.37 (24.19) 71.18 44.55 228.4'.\ 103.45 221.84 102.22 6.59 1.23 228.43 103.45 (1.36) (0.04) 0.39 0.06 (3.32) l•0.21 l 57.15 0,8.j (43.66) 57.17 (-0 .57) 56.20 (0,09) 0.97 (43.66) 57.17 184.77 160.62 17k.27 158.41 6.50 2.21 184.77 160.62 347.75 154.39 167.10 1.28 0.61 1.28 0.61 30 September 2026 30 September 2025 31 March 2026 Unaudited Unaudited r\udilcd Refer Note II Refer Nole I I 5,559.21 3.990.60 8,8 14.04 122.94 84.90 )74.30 5,682.15 4 075.50 8,988.34 1,15 1.66 1.063.87 2.254.91 370.59 219.94 432.42 (61.05) (29.62) 48.32 1,226.25 968.14 2.043.55 106.34 86.21 171(.45 625.25 490.54 1.048.38 1,46 1.28 1.01 7.84 2.28 1.85 5,080.32 3 816.92 8,287.90 601.83 258.58 700.44 2.26 (0.48/ 14.40) 604.09 258.10 696.04 {10.39) (15.71) 604.09 247.71 680.33 195.08 118.52 265.78 151.87) f35.43) 186.40) 143.21 83.09 )79.38 -160.88 164.62 500.95 448.92 !6'.!.30 493.6 ) 11.96 2.12 7.34 460.88 164.62 500.95 (1.41) (0.28/ ( 1.80) 0.41 0,07 0.4S 114.68 105.00 50.91 113.68 104.79 49.59 115. 1, 104.68 4R.17 {1.45) 0.11 1.42 113.68 104.79 49.59 574.56 269.41 550.54 564.05 266.98 54 1.7' 10.5 1 2.43 X.76 574.56 269.41 550.54 :S47.86 154.3lJ 347.2S 167.10 8,391.23 2.59 0.97 2.91 2.SS 0.97 2.90 ~ o -~ ;,/~ ( ~ New Delhi '.1/i ~ --~ -- c;
Page 14
Lenskart Solutions Limite.d (Former ly known as Lenskart Solutions Private Limited) Regd. Office: 6 Worldmark, 8th Floor, Gateway District, Delhi Aerocity, New Delhi I 10037, India CIN : L33100DL2008PLC178355 Tel no. : +91 124 429 3191, Email : compliancc.officcr@lenskart .com, Website URL: https://www.lcnskart.com Part II. Statement of Consolidated Assets and Liabilities (Rs. in Crores) As at As at Particulars 30 September 2026 31 March 2026 Unaudited Audited Refer Note 11 ASSETS Non Current Assets Property, Plant a·nd Equipment 1,932.51 1,848.62 Capital Work-In-Progress 244.89 111.89 Goodwi ll 2,266.86 2,197.69 Other Intangible Assets 1,003.83 980.05 Right-of-Use Assets 3,067.21 2,713.40 Investments Accounted for Using the Equity Method 87.82 58.16 Financial Assets (i) Investments 70.57 171.89 (ii) Other Financial Assets 343.22 369.25 Deferred Tax Assets (Net) 220.16 168.61 Non current tax assets (Net) 18.07 52.00 Other Non-current Assets 227.07 71.33 Total Non-current Assets 9,482.21 8,742.89 Current Assets Inventories 1,487.73 1,037.00 Financial Assets (i) Investments 445.87 341.04 (ii) Trade Receivables 211.16 174.72 (iii) Cash and Cash Equivalents 1,261.47 973.30 (iv) Bank Balances other than Cash and Cash Equivalents 254.58 570.38 (v) Other Financial Assets 1,985.96 2,102.76 Other Current Assets 548.28 471.23 Total Current Assets 6,195.05 5,670.43 Total Assets 15 677.26 14.413.32 EQUITY AND LIABILITIES EQUITY Equity Share Capital 347.86 347.28 Other Equity 8,974.50 8,391.23 Equity attributable to Owners of the Holding Company 9,322.36 8,738.51 Non-contro lling interest 123.75 I 13.23 Total equity 9,446.11 8,851.74 Non Current Liabilities Financial Liabilities (i) Borrowings 105.42 133.57 (ii) Lease Liabilities 2,394.35 2,199.29 (iii) Other Financial Liabilities 333.46 369.76 Provisions 123.34 114.45 Other Non Current Liabilities 63.34 64.29 Deferred Tax Liabilities (Net) 168.18 172.66 Total Non-current Liabilities 3,188.09 3,054.02 Current Liabilities Financial Liabilities (i) Borrowings 79.28 85.98 (ii) Lease Liabilities 876.35 677.76 (iii) Trade Payables (a) total outstanding dues of micro enterprises and small enterprises 134.97 77.23 (b) total outstanding dues of creditors other than micro enterprises and small enterprises 1, 158.08 874.90 (iv) Other Financial Liabilities 249.69 319.91 Other Current Liabilities - 383.28 335.77 Provisions ~ £ ·'oLU v~·o\ 105.99 93.28 Current Tax Liabilities (net) • &.Asu~ ~:t= K t." 55.42 42.73 0\ -.,-.. r-.-..,,~C/ Total Current Liabilities .:..~r 1 Ir--~ ' ...... . 3,043.06 2,507.56 l m/ 1it)t Total Liabilities m , ) r 1m1IJ ~ 6,231..15 5,561.58 Total Equity and Liabilities ci, ( )o/J,.... ,, ~'> .r / ~ ) 15,677.26 14,413.32 ~ · l J <Jl Le. J _ -le ~-. l':11 f ~ewoe~.f '-~r ~ ._,,_, -1
Page 15
Lenskart Solutions Limited (Formerly known as Lenskart Solulions Private Limited) Rt:gd. Otlil:t:: 6 \Vorldmark, Kth Floor, Gatt:way District, Ddhi Aerocity, Nt:w Ddhi 110037, India CIN: L33100DL2008PLCI 7S355 Td no.: +9 1 124 429 3191, Email : complium.:e.offict:r@lenskart.com, Wehsik URL: https://www.lenskart.com Part Ill. Statement of Consolidated Cash flow for the six months ended 30 September 2026 Particulars A Cash flow from operating acti\'itics Profit before tax Adjustments for: Depreciation and amortization expense Share ofprofit/(loss) of associates &joint \'cnturcs (net of tax) Finance costs Provision for wam111ty expenses Share based paymt.:nt to employees Assets written off Loss allowance/prov ision for douhtful debt and advances and trade receivables Loss on said disposal of propert y, plant and equipment Unrealized foreign exchange (gain)/loss (net} Irnpairernent of investments in equity shares (refor note 4) Gnmt im:omc Interest income on fixed deposits Interest income on bonds Interest income on income tax refund Interest income 011 financial assets measured al amortised cost - Security deposits Dividend income Gain on termination oflcascs Duty Drawback Liabilities no longcr required written back Gain on fair valuation of deferred considera1ion Gain offoir value of call option Gain on redemption and fair valuation of mutual fund units Operating profit before working capital changes Working capital adjustments: (Increase) in inventories (Increase) in other financial assets {Increase) in other assets (Increase) in trade receivables Increase in other financial liabilities lncrcasc/(decrcasc) in other li;ibilitics Increase in trade payables Increase in provisions Cash generated from operations Income lax paid (net ofrcfi.md) Net cash flow generated from operating activities (A) B Cash flows from investing activities Purchase of property . plan! and equipment. capita l work-in-progress. investment properly and right o f use Acquisition of shares in Joint ventures, associates and joint operation Acquisition of suhsidiaries Proceeds from sale of mutual fund units Investment in mutual funds Investment in bonds Proceeds from maturity of bonds Investment in fixed deposits Redemption of fixed deposits Dividend Income Interest received on fixed deposit s and bonds Net cash flow (used in) im·csting :1etivities (B) C Cash flows from financing activities Proceed s from issue of share capital including share premium Proceed s from sale of treasury shares Purchase of treasury .shares Repayment ofborrowings Payment ofprinicipal portion o f lease liabilities Payi;1ent of interest portion of lease liahilities Interest paid Net cash flow (used in) financing activities (C) Net increase in cash and cash equivalents (A+B+C) Effect of movement in exchange rates of cash held Cash and cash equivalent of acquired subsidiary Cash and cash equivalents at the beginning of the year Cash :md c:1sh cquiv:1lcnts at the end of the ye:1r Components of cash nnd cash cquiv:1lents: Cash on hand Balances with Banks -in current accounts -Bank deposits with original maturity of 3 months or less Bank Overdraft Tot:11 cash and cash cqui\'alcnts Period ended 30 September 2026 Unaudited 604.09 625.25 (2.26) 106.34 6.75 9.06 4.20 4.04 (4.55) (3.22) (80.38) ( 11.56) (5.61) (3.17) (1.69) (0.01) (3.54) (1.72) (1.06) (7.01) 1,233.95 (453.02) (39.24) (93.16) (41.77) 13.33 47.89 322.26 5.83 996.07 (147.78) 848.29 (483.59) (30.10) (52.05) 373.61 (250.01) ( 170.06) 50.00 (228.80) 637.92 3.17 50.85 (99.06) 23.00 (32.68) (361.16) (99.60) (6.55) (476.99) 272.24 15.93 973.30 1,261.47 17.81 1.174.98 68.68 1,261.47 (Rs in Crores) Period ended 30 September 2025 Unaudited Refer Note 11 247.71 490.54 0.48 86.21 4.07 3.91 0.09 I.OS 0.86 2.66 l0.39 (3.13) ( 17. ISi (0.92) (3.50) (1.27) 0.00 (7.14) (9.94) (2.27) (32.73) 769.89 (I 13.87) (98.90) (33.49) (8.49) l32.7X (14.35) 90.47 12.80 736.84 (76.03) 660.81 (305.58) (22.00) (4 19.30) 812.48 (215.0U) (443. 10) 388.24 33.11 (171.15) 3.24 8.14 (0.01) (39.44) (291.09) (77 00) (3.92) (400.08) 89.58 50.08 98.26 654.21 892.13 3.01 889. 13 (0.01) 892.13
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Lenskart Solutions Limited (Formerly known as Lenskart Solutions Private Limited) Regd. Office: 6 Worldmark, 8th Floor, Gateway District, Delhi Aerocity, New Delhi 110037, India CIN : L33100DL2008PLC178355 Tel no. : +9 1 124 429 3191, Email : compliance.officer@lenskart.com, Website URL: https://www.lenskart.com Particulars A - Segment Revenue: India International Inter Segment revenue Total Revenue from Operations B - Segment Results - Profit before tax: India International Inter Segment elimination Total Less: Unallocable Expenses [Finance cost] Add: Unallocable Income [Other Income] Add: Exceptional Items (loss) (refer note 4) Profit before tax C - Segment Assets India International Inter Segment elimination Total D - Segment Liabilities India International Inter Segment elimination Total Part IV. Consolidated Segment Revenue, Results, Assets and Liabilities 30 Se_p_tember 2026 Unaudited 1,667.92 1,201.14 (24.03) 2,845.03 208.42 97.22 (2.47) 303.17 (53.15) 54.46 304.48 13,071.21 7,080.86 0,474.81) 15,677.26 3,575.87 2,753.93 (98.65) 6,231.15 Quarter ended 30 June 2026 30 Se_p_tember 2025 Unaudited Unaudited Refer Note 11 1,530.82 1,203.29 (19.93) 2,714.18 183.28 103.67 (2.63) 284.32 (53.19) 68.48 299.61 12,506.87 6,778.19 (4,380.64) 14,904.42 3,198.77 2,735.64 (84.22) 5,850.19 ~As2~ ( r1r~rr -,"'~{J' QJ ( ) ~l - ei_ ( ?~ ,s,l J-;, ~<Jl;>'--vv~\'\'' (,f ~~ 1,230.59 879.64 (14.09) 2,096.14 126.07 31.09 2.75 159.91 (45.17) 33.26 148.00 9,352.33 6,352.00 (4,226.37) 11,477.96 2,607.12 2,902.24 (494.84) 5,014.52 Six month ended 30 September 2026 Unaudited 3,198.74 2,404.43 (43.96) 5,559.21 391.70 200.89 (5.10) 587.49 (106.34) 122.94 604.09 13,071.21 7,080.86 (4,474.81) 15,677.26 3,575.87 2,753.93 (98.65) 6,231.15 30 Se_p_tember 2025 Unaudited Refer Note 11 2,399.78 1,616.09 (25.27) 3,990.60 245.62 19.69 (~.9Q2 259.41 (86.21) 84.90 (I 0_.392 247.71 9,352.33 6,352.00 (4,226.36) 11,477.97 2,607.12 2,902.24 (494.84) 5,014.52 (Rs in Crores) Year ended 31 March 2026 a:- ~ Audited Refer Note 11 5,260.08 3,606.02 (52.06) 8,814.04 583.15 125.30 (8.26) 700.19 (178.45) 174.30 (15.71) 680.33 12,196.71 6,405.06 (4,188.45) 14,413.32 3,055.30 2,616.54 (110.26) .,.,..~, ~ 61.58 \-,-•, . . o/
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Part V. Notes to the Statement of Unaudited Consolidated Financial Results This Statement of Unaudited Consolidated Financial Results have been reviewed by the Audit Committee and approved by the Board of Directors in their meetings held on 04 November 2026 . 2 The Statement of Unaudited Consolidated Financial Results have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) Interim Financial Reporting prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33, Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 20 I 5, as amended. 3 During the year ended 31 March 2026, the Holding Company has completed its Initial Public Offer (IPO) of 181,058,478 equity shares of face value Rs. 2 each. The issue comprised of53,495 ,905 shares offered as fresh issue and 127,562,573 shares offered as offer for sale aggregating to Rs.7,278.02 crores. Pursuant to !PO, the equity shares of the Holding Company were listed on National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) on 10 November 2025. Out of the total proceeds of Rs. 2,150.00 crores raised through the Fresh Issue pursuant to the IPO, Rs. 529.71 crorcs had been utilised up to 30 September 2026 towards the objects of the Offer as disclosed in the om,r Document. The remaining unutilised proceeds were temporarily invested in fixed deposits and kept in bank balance and will be utilised in line with the stated objects of the offer. 4 Exceptional item includes: (Rs. in Crores) Particulars Quarter ended Six Month ended Year ended 30 September 2026 30 June 2026 31 March 2026 30 September 30 September 31 March 2026 2026 2025 Unaudited Unaudited Audited Unaudited Unaudited Audited Impairment of investments in equity shares - - - - 10.39 10.39 Expenses on fresh issue of shares through !PO - - - - - 5.32 Total - - - - 10.39 15.71 5 During the six months ended 30 September 2026, The Holding Company's wholly owned subsidiary , Lenskart Singapore Pie. Ltd., acquired an 50% stake in Marco Optical (Thailand) Co. Ltd. for Rs. 7.08 crores on I April 2026. Marco Optical (Thailand) Co. Ltd. is engaged in the manufacturing of frames. The arrangement has been accounted as a joint operation as per guidance of!nd AS 111 "Joint Arrangements". 6 Subsequent to period end 30 September 2026, the Holding Company's wholly owned subsidiary , Lenskart Singapore Pte. Ltd. acquired an additional 19% stake in Baofeng Framekart Technology Limited for Rs. I 0.83 crores. Consequent to this, the Group holds 70% stake in Baofeng and it has become a subsidiary of the Group. 7 During the year ended 31 March 2026, the Board of Directors approved the conversion of 833,223,582 outstanding preference shares into equity shares, in accordance with the terms of issue. The Holding Company has filed the requisite statutory forms with the Ministry of Corporate Affairs (MCA) in this regard. 8 During the six months ended 30 September 2026 , the Holding Company has granted 13,33,226 stock options under Stock option plan, as approved by Board of Directors to the eligible employees of the Holding Company and its subsidiaries. Further, 11 ,9 1,407 stock options have lapsed and 28,90 ,161 stock options were exercised. 9 The Board of Directors of the Holding Company, at its meeting held on 2 July 2026, has approved the scheme for the merger ofDealskart Online Services Private Limited and Lenskart Eyctech Private Limited, (Transferor Companies, wholly owned Subsidiaries ) with Lenskart Solutions Limited (Transferee Company). The merger is subject to requisite statutory and regulatory approvals, including approval of the shareholders, creditors and National Company Law Tribuna l (NCLT) under the Companies Act, 2013, and no effect of the proposed merger has been given in these Unaudited Consolidated Financial Results. The Holding Company has fi led the approved Scheme with the NCLT on 21 August, 2026 and the matter is pending adjudication. IO Current tax for the year ended 31 March 2026 includes income tax credit relating to previous year of Rs. 7 .22 crores. 11 Figures for the current and previous periods in this Statement of Unaudited Consolidated Financial Results are presented in Rs. Crore (rounded off to two decimal places), against Rs. in Million presented earlier. This change in presentation does not impact profit/(loss), total equity, or any other reported figure for the current or previous periods. 12 These Consolidated Financial Results for the quarter and six months ended 30 September 2026 arc available on the BSE Limited website (URL: www.bscindia.com), the National Stock Exchange oflndia Limited website (URL: www.nseindia.com) and on the Company' s website (URL: https://www.lenskart.com). For and on behalf of the Board of Directors of Lenskart Solutions Limited (Forr,;t known as Lenskart Solutions Private Limited) '\~7 Peyush Bansa l Chairman, Ma11agi11g Director and Chi~( Executive Officer DIN:02070081 Place: New Delhi Date: 04 Novemb er 2026
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Annexure - 2 Statement of Proforma financial information for the quarter and six month ended 30 September 2026
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Lenskart Solutions Limited (Formerly known as Lenskart Solutions Private Limited) Regd. Office: 6 Worldmark, 8th Floor, Gateway District, Delhi Aerocity, New Delhi 110037, India CJN: L33100DU008PLC178355 Tel no.: +91 124 429 3191, Email : compliance.officer@lenskart.com, Website URL: httpsJ/www.lenskart.com Statement of Proforma Financial Information for the 11uarter and six month ended 30 SeotelDber 2026 Part I (Rs in Crore ) Quarter ended Six Month ended Year ended Sr.No Particulars 30 September 2026 30 June 2026 30 September 2025 30 September 2026 30 September 2025 31 March 2026 _Management Certified I Iricome Revenue from operations 2,845.03 2,714.18 2,146.59 5,559.21 4,178.84 9,002.28 Other income 54.46 68.48 33.17 122.94 85.06 174.45 Total Income 2,899.49 2,782.66 2,179.76 5,682.15 4,263.90 9,176.73 2 Expenses Cost of raw materials and components consumed 720.48 631.18 551.54 1,351.66 1,063.88 2,254.93 Purchases of stock-in-trade 201.95 168.64 127.22 370.59 271.23 483.71 Changes in inventories of finished goods, work in progress and stock in trade (68.48) 7.43 (17.27) (61.05) (37.46) 40.48 Employee benefits expense 626.89 599.36 506.52 1,226.25 978.68 2,054,09 Finance costs 53.15 53.19 44.49 106,34 86.26 178.50 Depreciation and amortization ·.:xpense 320.62 304.63 253.68 625.25 492.01 1,049:86 Other expenses 742.19 719.09 551.93 1,461.28 1,111.31 2,375.32 Total Expenses 2,596.80 ' 2.483.52 2.018.11 5,080.32 3 965.91 8.436.89 3 Profit before share of profit/ (loss) of associates and joint ventures. exceptional Uems and tu for the period/year (1-2). 302.69 299.14 161.65 601.83 297.99 739.84 4 Share of profit/ (Joss) of associates and joint ventures (net of tax) 1.79 0.47 (1.08) 2.26 (0.40) (4.32) 5 Profit before exceptional Hems and tax for the period/year (3+4) • 304.48 299.61 160.57 604.09 297.59 735.52 6 Exceptional ltem.s (loss) 0 0.39\ 115.71) 7 Profit before tax for the period / year (5+6) 304.48 299.61 160.57 604.09 287.20 719.81 8 Tax Expenses -Current Tax 106.53 88.55 71.91 195.08 128.64 275.90 -Deferred tax (credit) /34.50) (1 7.37 124.13\ (51.87) 135.12) 186.09) Total tax expenses 72.03 71.18 47.78 143.21 93.52 189.81 9 Profit after tax for the period/year (7-8) 232.45 228.43 112.79 460.88 193.68 530.00 Profit attributable to -Owners of the Holding Company 227:08 221.84 110.11 448.92 186.53 517.84 -Non controlling Interests 5.37 6.59 2.68 11.96 7.15' 12.16 232.45 228.43 112.79 460.88 193.68 530.00 10 Other Comprehensive income/(loss) is attributabie to (a) Items that will not be reclassified to Profit or loss -Remeasurement (Loss) on Defined Benefit Plans (0.05) (1.36) (0,04) (1.41) (0.28) (1.80) -Income Tax credit 0.02 0.39 0.06 0.41 0,07 0.48 (b) Items that will be reclassified to profit or loss -Net movement in cost ·of cash flow hedges 3.32 (3.32) - - -Exchange differences on translation of financial statements of foreign operatioos 154.89 (40.21} 36.40 114.68 89.44 35.34 -Income tax credit/charge (0.84) 0.84 - Total Other Comprehensive income/(loss) for the period/year 157.34 l43.66 ) 36.42 113.68 89.23 34.02 Other Comprehensive Jncome/(loss) is attributable to -Owners of the Holding Company 158.70 (43.57) 38.69 115.13 91.54 35.02 -Non controlling Interests 11.36) (0.091 (2.27) (1 .45 (2.31) (1.00 157.34 (43.66) 36.42 113.68 89.23 34.02 II Total Comprehensive Income for the period/year (9+10) 389.79 184.77 149.21 574.56 282.91 564.02 Total Comprehensive Income is attributable to -Owners of the Holding Company 385.78 178.27 148.80 564.05 278.07 552.86 -Non controlling Interests 4.01 6.50 0.41 10.51 4.84 11.16 389.79 184.77 149.21 574.56 282.91 564.02 12 Paid-up Equity Share Capital (Face Value Rs 2 each! 347.86 347.75 154.39 347.86 154.39 347.28 13 Instruments entirely equity in nature 167.10 167.10 14 Other Equity 8,391.23 IS Basic Earnings Per Share of Rs 2 each* 1.31 1.28 0.65 2.59 I.II 3.05 16 Diluted Earnings Per Share of Rs 2 each• 1.30 1.28 0.65 2.58 I.I I 3.04 * Earmngs Per Share ts not annuahsed for quarters
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Part ll. Proforma Segment Revenue and Results (Rs in Crore ) Quarter ended Six Month Ended Year ended Particulars 30 September 2026 30 June 2026 30 Sentember 2025 30 Sentember -2026 30 Scntember 2025 31 March 2026 Management Certified A - Segment Revenue: India 1,667.92 1,530.82 1,232.90 3,198.74 2,404.41 5,264.72 International . 1,201.14 1,203.29 927.80 2,404 .43 1,799.70 3,789.62 Inter Segment revenue (24.03) (19.93) (14.11 I (43.961 (25.27 ) (52.06) Total Revenue from Operations 2,845.03 2,714.18 2,146.59 5,559.21 4,178.84 9,00_2.28 B - Segment Results - Profit before tax: India 208.42 183.28 124.90 391.70 243.92- 581.44 International 97.22 103.67 42.91 200.89 60.77 166.38 Inter S_eg_ment elimination (2.47 1 (2.63) 4.08 15.10) (5.90) (8.251 Total 303.17 284.32 171.89 587.49 298.79 739,57 Less: Unallocable Expenses [Finance cost] (53.)5) (53.19) (44.49) (106.34) (86.26) (178.50) Add : Unallocable Income [Other Income] 54.46 68.48 33.17 122.94 85.06 174.45 Add: Excoptional Items- (loss) - - - 110.39) 0 5.711 Profit before tax 304.48 299.61 160.57 604.09 287.20 719.81
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Part III. Notes to the Statement of Proforma Financial Information 1 Background: The Proforma Financials Information has been prepared by management and approved by board of directors to illustrate the impact of following acquisitions (together these acquisition are referred as "Acquired Enterprises") : i) The Company acquired 84.21% equity interest ,n Stellio Ventures ,S.L ("Meller") on 11 August 2025 which has with effect from that date become a subsidiary ofLenskart Solutions Pte. Ltd (wholly owned subsidiary of the Holding Company). Lenskart Solutions Pte. Ltd. also entered into a put and call option for the acquisition of the remaining shares in Meller from the founders of the Meller. The principal activity of Meller is import and sale of sunglasses. ii) The Company acquired additional stake in Quantduo Technologies Private Limited ("QTPL") on 30 September 2025, due to which QTPL has become a subsidiary of the Company. The principal activity of QTPL is to develop analytics solutions for industries that deal with large volumes of data and has designed and refined a proprietary geo analytics tool that leverages location-based data tci predict revenue potential and payback periods for prospective store locations. 2 Basis of preparation: The Proforma Financial Information for the quarter and six months ended has been prepared by the Company to illustrate the impact of acquisition transaction of Meller and QTPL uridertaken as if the ·acquisition had taken place as on 01 April, 2025 for the purpose of proforma statement of profit and loss for the quarter and six months ended 30 September 2025 and year ended 31 March 2026. 2.1 The Proforma Financial Information are derived from: i) Financial results. of the Group for quarter and six months ended 30 September 2026, quarter and six months ended 30 September 2025 and year ended 31 March 2026. ii) Special Purpose IndAS Financial information ofQTPL for the quarter and six month period ended 30 September 2025. iii) Special Purpose Ind AS Financial information of Meller for the period ended 11 August 2025 and quarter ended 30 June 2026. For and on behalf of the B.oard of Directors of Lenskart Solutions Limited (v ly known as lenskart Solutions Private limited) \~ Peyush Bansal Chairman, Managing Director and Chief Exemtive Officer DIN:02070081 Place: New Delhi Date: 04 November 2026
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Lenskart Solutions Limited (Formerly known as Lenskart Solutions Private Limited) Registered & Corporate Office: 6 Worldmark, 8th Floor, Gateway District, Delhi Aerocity, New Delhi 110037 Website: www.lenskart.com | Email: compliance.officer@lenskart.com | Phone: 0124 – 4293191 CIN: L33100DL2008PLC178355 Annexure - 3 Details pursuant to SEBI Master Circular (No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026) dated January 30, 2026 Type of securities proposed to be issued Equity share of Rs. 2 each Type of Issue Equity shares being issued on exercise of vested options under Lenskart Employees Stock Option Plan, 2021 Total number of securities proposed to be listed 4,60,934 Annexure - 4 Details pursuant to Regulation 10 (c) of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 S. No. Particulars Details 1. Name of the Company Registered Office address Lenskart Solutions Limited Plot No. 151, Okhla Industrial Estate, Phase III, New Delhi 110020 Delhi, India 2. Name of the Stock Exchanges on which the Company’s shares are listed 1. National Stock Exchange of India Limited 2. BSE Limited 3. Filing date of the statement referred in Regulation 10(b) of Regulations with Stock Exchange 1. NSE: December 24, 2025 2. BSE: December 24, 2025 4. Filing Number, if any 1. NSE: 52705 2. BSE: 255484 5. Title of the Stock Option Scheme pursuant to which shares are issued, if any Lenskart Employee Stock Option Plan, 2021 6. Kind of Security to be listed Equity 7. Par value of the shares ₹ 2/- Per share 8. Date of issue of Shares November 4, 2026 9. Number of shares issued 4,60,934 10. Share Certificate No., if applicable Not Applicable 11. Distinctive number of the share, if applicable From 1,73,93,06,169 To 1,73,97,67,102 12. ISIN Number of the shares if issued in demat INE956O01016 13. Exercise price per share Ranging between ₹ 17.06 to ₹ 230 14. Premium per share Ranging between ₹ 15.06 to ₹ 228 15. Total Issued Shares after this issue 1,73,97,67,102 16. Total Issued share capital after this issue 3,47,95,34,204 17. Details of any lock-in on the shares No Lock in 18. Date of expiry of lock-in on the shares Not Applicable 19. Whether shares are identical in all respects to existing shares if not, when will they become identical? Yes, all equity shares of the Company allotted pursuant to exercise of stock options shall rank pari passu with the existing equity shares of the Company. 20. Details of Listing fees, if payable Not applicable