5446002026-01-012026-03-315446002026-03-315446002025-03-315446002025-04-012026-03-315446002026-01-012026-03-31in-capmkt:OtherExpenses1Member5446002026-01-012026-03-31in-capmkt:OtherExpenses2Member5446002025-04-012026-03-31in-capmkt:OtherExpenses1Member5446002025-04-012026-03-31in-capmkt:OtherExpenses2Member5446002026-03-31OtherNoncurrentFinancialAssetsDomain15446002026-03-31OtherNoncurrentFinancialAssetsDomain25446002026-03-31OtherNoncurrentAssetsDomain15446002026-03-31OtherCurrentFinancialAssetsDomain15446002026-03-31OtherCurrentAssetsDomain15446002026-03-31OtherNoncurrentFinancialLiabilitiesDomain15446002026-03-31OtherNoncurrentLiabilitiesDomain15446002026-03-31OtherCurrentFinancialLiabilitiesDomain15446002026-03-31OtherCurrentLiabilitiesDomain15446002026-01-012026-03-31in-capmkt:ReportableSegments1Member5446002026-01-012026-03-31in-capmkt:ReportableSegments2Member5446002026-01-012026-03-31in-capmkt:ReportableSegments3Member5446002025-04-012026-03-31in-capmkt:ReportableSegments1Member5446002025-04-012026-03-31in-capmkt:ReportableSegments2Member5446002025-04-012026-03-31in-capmkt:ReportableSegments3Member5446002026-01-012026-03-31in-capmkt:ReportableSegments1Member5446002026-01-012026-03-31in-capmkt:ReportableSegments2Member5446002026-01-012026-03-31in-capmkt:ReportableSegments3Member5446002025-04-012026-03-31in-capmkt:ReportableSegments1Member5446002025-04-012026-03-31in-capmkt:ReportableSegments2Member5446002025-04-012026-03-31in-capmkt:ReportableSegments3Member5446002026-01-012026-03-31in-capmkt:ReportableSegments1Member5446002026-03-31in-capmkt:ReportableSegments1Member5446002026-01-012026-03-31in-capmkt:ReportableSegments2Member5446002026-03-31in-capmkt:ReportableSegments2Member5446002026-01-012026-03-31in-capmkt:ReportableSegments3Member5446002026-03-31in-capmkt:ReportableSegments3Member5446002026-01-012026-03-31in-capmkt:ReportableSegments1Member5446002026-03-31in-capmkt:ReportableSegments1Member5446002026-01-012026-03-31in-capmkt:ReportableSegments2Member5446002026-03-31in-capmkt:ReportableSegments2Member5446002026-01-012026-03-31in-capmkt:ReportableSegments3Member5446002026-03-31in-capmkt:ReportableSegments3Member5446002026-01-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15446002025-04-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15446002026-01-012026-03-31ItemsThatWillBeReclassifiedToProfitAndLoss15446002025-04-012026-03-31ItemsThatWillBeReclassifiedToProfitAndLoss15446002026-01-012026-03-31AuditorDomain1iso4217:INRiso4217:INRxbrli:shares544600LENSKARTNOTLISTEDINE956O01016Lenskart Solutions LimitedMain BoardEquity2025-04-012026-03-312026-05-202026-04-30INRMillionsQuarterlyFourth quarterMulti segment2026-05-2013:00:002026-05-2015:12:00trueCash Flow IndirectDeclaration of unmodified opinion2026-01-012026-03-31AuditedConsolidated25157090000490300000256473900006123810000119283000032800000054762200004353900002875120000665196000023083330000256406000002564060000684270000-17848000050579000002058270000000-22120000203615000074464000027807900002002850000333000007373600007280000347283000021.171.16001.171.161. This Statement of Audited Consolidated Financial Results have been reviewed by the Audit Committee and approved by the Board of Directors in their respective meetings held on 20 May 2026. <BR> <BR> 2. The Statement of Audited Consolidated Financial Results have been prepared in accordance with the Indian Accounting Standard (“Ind AS”), notified under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“the LODR Regulations”). <BR> <BR> 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 of 53,495,905 shares offered as fresh issue and 127,562,573 shares offered as offer for sale aggregating to Rs.72,780.15 millions. Pursuant to IPO, the equity shares of the Company were listed on National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) on 10 November 2025. <BR> Out of the total proceeds raised through the Fresh Issue pursuant to the IPO, Rs. 1770.60 million had been utilised up to 31 March 2026 towards the objects of the Offer as disclosed in the Offer 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. <BR> <BR> 4. Exceptional item includes: <BR> (Rs. in Million) <BR> Particulars Quarter ended Year ended <BR> 31 March 2026 31 December 2025 31 March 2025 31 March 2026 31 March 2025 <BR> Audited Unaudited Unaudited Audited Audited <BR> Impairment of <BR> investments in <BR> equity shares - - - 103.86 - <BR> Expenses on fresh <BR> issue of shares <BR> through IPO - 53.23 - 53.23 - <BR> Total - 53.23 - 157.09 - <BR> <BR> 5. Other Income for the year ended 31 March 2025 includes fair value gain of 1,671.98 Mn on account of extinguishment of financial liability by 4.40% and fair valuation of remaining deferred liability for 3.33% stake in Owndays Inc. <BR> <BR> 6. On 21 November 2025, the Government of India notified four new Labour Codes (the Code on Wages, 2019, the Code on Social Security, 2020, the Industrial Relations Code, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020) consolidating 29 labour laws. The Group has carried out preliminary assessment and recorded the incremental impact of these changes on the basis of legal opinion obtained and the best information available, consistent with the guidance provided by the Institute of Chartered Accountants of India. <BR> The Government of India, vide its notification dated 8 May 2026, has notified the rules for aforementioned new labour codes, however the states are yet to finalise the new labour codes. The Group has evaluated the impact of these rules and based on current assessment, management does not expect any material additional liabilities. Considering the new labour codes are evolving in nature and subject to further clarifications and implementation guidelines from the states/central government, the Group will continue to evaluate the implications thereof and the impact, if any, shall be accounted for as and when the same becomes reasonably measurable and ascertainable. <BR> <BR> 7. During the year ended 31 March 2026: <BR> (a) the Holding Company’s wholly owned subsidiary, Lenskart Singapore Pte. Ltd., acquired an 84.21% stake in Stellio Ventures S.L for Rs. 4,102.72 million which includes a deferred consideration of Rs 523.58 million payable to founders within 3 years and 45 days from the date of acquisition i.e. 11 August 2025. <BR> (b) the Holding Company has acquired the additional stake in QuantDuo Technologies Private Limited, pursuant to which it has become a wholly owned subsidiary of the Company . <BR> (c) the Holding Company has made investment of Rs. 245.03 million for acquisition of 5.72% stake in Dimension NXG Private Limited which has been classified as associates in accordance with Ind AS -28 "Investments in Associates and Joint Ventures". <BR> (d) the Holding Company’s wholly owned subsidiary, Lenskart Singapore Pte. Ltd., acquired a 29.20% equity stake in iiNeer Co. Ltd. for a consideration of Rs. 189.36 million. Consequently, this investment has been classified as an associate in accordance with Ind AS 28 – "Investments in Associates and Joint Ventures". <BR> <BR> 8. 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. <BR> <BR> 9. During the year ended 31 March 2026, the Holding Company has granted 72,47,738 stock options under Stock option plan, as approved by Board of Directors to the eligible employees of the Holding Company and its subsidiaries. Further, 24,96,945 stock options have lapsed, 19,04,512 stock options were exercised and 50,000 stock options settled in cash. <BR> <BR> 10. The Board of Directors of the Holding Company, at its meeting held on 20 May 2026, has accorded its in-principle approval for the merger of Dealskart Online Services Private Limited and Lenskart Eyetech 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 Tribunal (NCLT) under the Companies Act, 2013, and no effect of the proposed merger has been given in these Audited Consolidated Financial Results. <BR> <BR> 11. Item exceeding 10% of total expenditure (included in other expenses) <BR> (Rs. in Million) <BR> Particulars Quarter ended Year ended <BR> 31 March 2026 31 December 2025 31 March 2025 31 March 2026 31 March 2025 <BR> Audited Unaudited Unaudited Audited Audited <BR> Commission and <BR> incentive expense 466.07 489.17 482.01 1,812.36 7,331.63 <BR> <BR> 12. Current tax for the quarter includes income tax credit relating to previous year of Rs. 72.18 million <BR> <BR> 13. Figures for the quarter ended 31 March 2026 being the balancing figures between audited figures in respect of the full financial year and the unaudited published year to date figures upto nine months period ended 31 December 2025 of the current financial year, which were subjected to Limited Review by the statutory auditors. <BR> <BR> 14. Figures for the quarter ended 31 March 2025 being the balancing figures between audited figures in respect of the full financial year and the unaudited published year to date figures upto nine months period ended 31 December 2024 of the previous financial year, which have been approved by Board of Directors but have not been subjected to review or audit by the statutory auditors. <BR> <BR> 15. These Audited Consolidated Financial Results for the quarter and year ended 31 March 2026 are available on the BSE Limited website (URL: www.bseindia.com), the National Stock Exchange of India Limited website (URL: www.nseindia.com) and on the Company's website (URL: https://www.lenskart.com). <BR> <BR> <BR> 2025-04-012026-03-31AuditedConsolidated881404000001742950000898833500002254931000043242100004831800002043551000017845400001048384000022818380000828789700007004380000-15709000068472900002657780000-863980000179380000005053490000000-4399000050095000004958200005505320000493614000073360000481600000142200003472830000202.912.9002.912.9Commission and incentive expense466070000Other Expenses6185890000Commission and incentive expense1812360000Other Expenses21006020000184862400001118910000021976860000980047000000017190100000042741200005993130000168608000028367260000874289500001037004000034104400001747170000973298000057038200000210275500004162196000004712290000567042900001441332400003472830000839122800008738511000011322900008851740000013357300000002569051000027026240000114449000017265800006429400003054025000085981000077233000087490000009521330000997662000020357760000335766000093283000042734000002507559000055615840000144133240000Other Non-Current Financial Assets <BR> - Security deposits (non-current) 3,125.77 <BR> - Investments – equity method 581.62 <BR> - Bank deposits – remaining maturity > 12 months 269.44 <BR> - Lease receivables 182.47 <BR> - Fair value – option to acquire additional stake in shares 114.82 <BR> <BR> Other Non-Current Assets <BR> - Right-of-use (ROU) assets 27,133.97 <BR> - Income tax assets (non-current) 520.00 <BR> - Capital advances (net of 2.91 impairment allowance) 309.07 <BR> - Amounts paid under protest 356.76 <BR> - Prepaid expenses (non-current) 47.46 <BR> <BR> Other Current Financial Assets <BR> - Bank deposits – maturity within 12 months 19,761.79 <BR> - Other receivables 582.20 <BR> - Security deposits (current) 413.72 <BR> - Interest accrued on bonds 111.78 <BR> - Fixed deposits with NBFIs 105.87 <BR> - Fair value – option to acquire stake in LPL Paris SAS 52.19 <BR> <BR> Other Current Assets <BR> - Government balances (GST input credit / customs etc.) 2,654.65 <BR> - Advances to suppliers 1,468.56 <BR> - Prepaid expenses (current) 453.45 <BR> - Other receivables 131.96 <BR> - Employee advances 3.67 <BR> <BR> Other Non-Current Financial Liabilities <BR> - Lease liabilities (non-current) 21,992.87 <BR> - Consideration payable – share acquisition 2,061.08 <BR> - Put liability – NCI (Stellio Ventures S.L.) 1,044.45 <BR> - Deferred consideration payable 508.22 <BR> - Security deposits received (non-current) 83.89 <BR> <BR> Other Non-Current Liabilities <BR> - Government grants (non-current) 384.66 <BR> - Contract liabilities (deferred revenue) 258.28 <BR> <BR> Other Current Financial Liabilities <BR> - Lease liabilities (current) 6,777.55 <BR> - Other payables 1,136.68 <BR> - Employee benefits payable 958.11 <BR> - Capital creditors 533.85 <BR> - Retention money 238.68 <BR> - Payables to selling shareholders 162.23 <BR> - Refund liabilities 154.28 <BR> - Deferred consideration (current) 11.18 <BR> - Accrued interest 4.06 <BR> <BR> Other Current Liabilities <BR> - Contract liabilities 2,292.57 <BR> - Statutory dues – TDS payable 331.88 <BR> - Statutory dues – Other 265.86 <BR> - Statutory dues – VAT / GST payable 261.36 <BR> - Statutory dues – Provident fund payable 142.51 <BR> - Government grant (current) 63.48 <BR> Non Current Financial Assets4274120000Other non-current financial assets0Other non-current assets28367260000Other current financial assets21027550000Other current assets4712290000Other non-current financial liabilities25690510000Other non-current liabilities642940000Other current financial liabilities9976620000Other current liabilities3357660000India14750130000International10540030000Inter segment elimination0India52600810000International36060220000Inter segment elimination025290160000886610300001330700005206300002515709000088140400000India1767020000International730900000Inter segment elimination-10890000India5831500000International1253000000Inter segment elimination-82520000248703000070019800004353900001784540000-490300000-158586000025419400006803300000India121967100000International64050550000Inter segment elimination0186017650000-41884410000144133240000India30552960000International26165370000Inter segment elimination056718330000-110249000055615840000Other unallocable expenditure net of unallocable income stands at a net credit of 1,585.86, comprising unallocable other income of 1,742.95 offset by an exceptional loss of 157.09.1784540000924620000-3978600000-18113800000-11686800000015089500000-15162000050999000010483840000103860000502600003061900005911700005512000001133900000955530000120980000-34111000001596900000-6080000001232170000019168990000000247307000001669592000003228990000000437920000005372000082846600000000000000000000005837600000-14951340000-2626543000000211361100000000042973000017151400007829300000097430000081250000120052200002435710000755160000319087000065421100009732980000Remeasurement (Loss) on Defined Benefit Plans-13190000-13190000Remeasurement (Loss) on Defined Benefit Plans-18010000-18010000-3940000-4750000Exchange differences on translation of financial statements of foreign operations753890000753890000Exchange differences on translation of financial statements of foreign operations50908000050908000000744640000495820000AuditedtrueS.R. Batliboi & Associates LLPtrue2027-07-31