SoftBank Affiliate SVF II Lightbulb (Cayman) Sells Lenskart Solutions Stake for ₹2,873 Crore

Key facts

• SoftBank affiliate SVF II Lightbulb (Cayman) sold 5.65 crore shares of Lenskart Solutions at ₹508.55 per share in a block deal valued at approximately ₹2,873 crore.
• The buyers of the stake included global funds Goldman Sachs and Fidelity, alongside domestic institutions ICICI Prudential Mutual Fund, Kotak Mutual Fund, Mirae Asset Mutual Fund, Quant Mutual Fund, HDFC Life Insurance, and ICICI Prudential Life Insurance.
• Lenskart Solutions reported a 46% Year-on-Year (YoY) increase in revenue to ₹2,516 crore for the January-March quarter of Financial Year (FY) 2026, while net profit declined 9% to ₹200 crore.
• For the full FY ending March 31, 2026, the company recorded a 32% YoY rise in revenue to ₹9,002 crore and a 148% surge in adjusted Profit After Tax (PAT) to ₹530 crore.
• The annual Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) of the firm climbed 55.3% YoY to ₹1,789 crore.