Lenskart Approves Audited FY26 Results, OWNDAYS Stake Buy & Auditor Re-appointments
Lenskart board approved audited financial results for FY26, with a profit of ₹4,758.84 million. It approved acquisition of additional stake in OWNDAYS Inc. Also approved merger of Dealskart Online Services & Lenskart Eyetech with Lenskart Solutions, subject to approvals. PricewaterhouseCoopers Services LLP re-appointed as Internal Auditors for FY27. DPV & Associates LLP re-appointed as Secretarial Auditor for 5 years, subject to AGM approval.
The decisions on acquisitions and mergers, along with the approval of financial results, can have a moderate impact on the company's future performance and market perception.
The announcement includes approval of financial results and strategic decisions like acquisitions and mergers, and auditor re-appointments, all of which are generally perceived positively.
Lenskart Solutions Limited announced the outcomes of its Board Meeting held on May 20, 2026. The board approved the audited financial results (standalone and consolidated) for the quarter and financial year ended March 31, 2026, with unmodified opinions from the Statutory Auditors. Additionally, unaudited proforma financial statements of profit and loss for the same period were approved, reflecting comparative numbers due to recent acquisitions. The company approved additional shareholding acquisition in OWNDAYS Inc., Japan, by its Singapore subsidiary, Lenskart Solutions Pte. Limited, and an investment into the subsidiary itself. The board has given in-principle approval for the merger of Dealskart Online Services Private Limited and Lenskart Eyetech Private Limited with Lenskart Solutions Limited, pending necessary approvals. PricewaterhouseCoopers Services LLP was re-appointed as the Internal Auditors for FY27, and M/s DPV & Associates LLP was re-appointed as the Secretarial Auditor for five years, subject to shareholder approval at the upcoming Annual General Meeting (AGM). Furthermore, the board sanctioned the allotment of equity shares upon the exercise of vested options under the Lenskart Employees Stock Option Plan 2021. The board meeting commenced at 01:00 PM (IST) and concluded at 03:12 PM (IST).
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Lenskart Solutions Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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