Lenskart Introduces 2-Hour Delivery Service in Singapore, Says It Now Leads the Market

Written by: Team Angel OneUpdated on: 2 Dec 2025, 6:48 pm IST

Lenskart becomes top eyewear brand in Singapore and launches 2-hour deliveries to expand presence. Global revenues now account for 40%.

Eyewear company Lenskart has announced its emergence as the market leader in Singapore. The company aims to scale operations in the region further with the rollout of 2-hour delivery services, in a move aligned with its broader international growth strategy.

Lenskart’s Market Leadership in Singapore and Strategic Expansion

Lenskart has claimed the top position in Singapore’s eyewear market, driven by its pricing strategy and swift service delivery model. The brand estimates that 1 in every 4 individuals in Singapore now wears a Lenskart product.

To further cement its regional presence, the company has rolled out a 2-hour delivery service across the city. This initiative aligns with its plan to strengthen global operations, with international revenues now accounting for 40% of overall business.

Competitive Pricing Fuels Market Share in Singapore

The brand’s pricing undercuts average market costs significantly. Glasses for children that typically cost $300 to $400 in Singapore are available at Lenskart starting from $50 for 2 pairs, including lenses.

This price advantage has proved pivotal in capturing market share in Singapore, where 83% of people experience myopia by the age of 18, compared to 40% in India.

Lenskart Q2FY26 Earnings Results

In the second quarter of FY2025-26, Lenskart recorded revenue of ₹2,096 crore, up 21% year-on-year from ₹1,735.7 crore. Net profit reached ₹103.5 crore, marking a 20% year-on-year growth.

The previous quarter’s profit stood at ₹61.2 crore, showing sequential improvement. Profit margins are higher in international markets at an average of 75%, while Indian operations yield Margin of 63%.

Global Footprint and Future Outlook

Beyond Singapore, Lenskart operates in regions including Japan, the Middle East, and Europe. With international sales contributing a significant portion of revenue, the company plans to deepen its presence across these geographies. Its disciplined, globally-aligned operational model is crucial to supporting this expansion.

Lenskart Solutions Share Price Performance

As of December 2, 2025, at 11:16 AM, Lenskart Solutions share price on NSE was trading at ₹429.65 down by 0.20% from the previous closing price.

Conclusion

Lenskart’s surge in Singapore’s eyewear market, supported by competitive pricing and 2-hour delivery, reflects strong international traction. The company continues to scale globally, with robust revenue growth in key overseas markets showing positive momentum.

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Published on: Dec 2, 2025, 1:15 PM IST

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