Lenskart Solutions announced an 8.49% year-on-year decrease in consolidated net profit for the March quarter of FY26. The company’s consolidated net profit dropped to Rs 200.28 crore in Q4 FY26 from Rs 218.88 crore in Q4 FY25. Revenue from operations in the same quarter surged by 46% year-on-year to Rs 2,516 crore, driven by strong same-store growth and increased demand for premium products.
Lenskart’s adjusted profit after tax saw a remarkable 165% increase in the March quarter, supported by a 41% rise in revenue and a 61% growth in EBITDA. In the full financial year FY26, the company recorded a 32% revenue growth to Rs 9,002 crore. EBITDA for the year climbed by 55.3% to Rs 1,789 crore, while adjusted PAT jumped by 148% to Rs 530 crore.
During the March quarter, Lenskart conducted 6.8 million eye tests, marking a 45% increase compared to the previous year. The total number of eye tests for the year rose by 48% to 23.8 million, with almost half of them being first-time eye examinations in India. Lenskart stated that each eye test expands the addressable market, emphasizing a deepening growth trend.
India witnessed a 24.2% same-store sales growth in the fourth quarter, with significantly higher same-pincode growth. Lenskart Solutions expanded its reach into 157 new cities across tier-2 and smaller markets during the year. The company’s international business also showed strong momentum, with a 35% year-on-year growth in international revenue during the March quarter and an expanded EBITDA margin of 9.2%.
Throughout the full year, international revenue grew by 30%, accompanied by an improvement in EBITDA margin to 7%.
