Lenskart's New Tier 2+ Stores Surpass Metro Outlets in Revenue

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Lenskart's Tier 2 Stores Outperform Metros in Revenue, Drives Profit Surge

Lenskart sees an opportunity to have 4,500 stores in India, the management said.

M

Moneycontrol•11-02-2026, 19:51

Lenskart's Tier 2 Stores Outperform Metros in Revenue, Drives Profit Surge

•New Lenskart stores in Tier 2 and beyond regions generate more revenue than those in metro areas, company management confirmed.
•Each new store in Tier 2+ regions clocked Rs 13.2 lakh in monthly sales, Rs 1 lakh more than metro stores (Rs 12.2 lakh).
•Lenskart added 169 net new stores in Q3FY26, a 160% increase, with 41% opened in Tier 2 and beyond markets.
•Consolidated net profit surged over 70 times year-on-year to Rs 131 crore in Q3FY26, with revenue up 38.3% to Rs 2,307.7 crore.
•The company aims for 4,500 stores in India and its Lenskart Gold loyalty program added 0.7 million net members in Q3FY26.

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