Lenskart Stock Gains 2% In Early Trade As FY26 Revenue Crosses ₹9,000 Crore Mark

Shares of omnichannel eyewear retailer Lenskart rose 2% in early trade to ₹496.75 during Thursday’s trading session despite the company reporting a 9% year-on-year (YoY) decline in consolidated net profit for the March quarter.

Profit stood at ₹200 crore, compared with ₹219 crore in the same period last year. At 3:15 pm, Lenskart shares were up 2.26% on the National Stock Exchange (NSE). The stock reaction came as investors tracked strong operational growth and improved scale metrics across business segments.

Revenue Growth Outpaces Profit Pressure

The company posted a sharp rise in revenue from operations. It increased 46% YoY to ₹2,516 crore in the quarter. For FY26:

• Revenue rose 32% to ₹9,002 crore
• Earnings before interest, taxes, depreciation, and amortisation (EBITDA) climbed 55.3% to ₹1,789 crore
• Adjusted profit after tax surged 148% YoY to ₹530 crore.

Eye Test Volumes Expand Sharply

During the March quarter, the company conducted 6.8 million eye tests, up 45% from a year earlier. For the full year, tests rose to 23.8 million, marking a 48% increase YoY. The company said nearly half of these were first-time examinations in India.

The growth in test volumes reflected higher customer reach across its retail network and expanding store footprint.

Domestic Sales Strength And Store Expansion

Lenskart said India continued to show strong same-store sales growth. Q4 same-store sales growth (SSSG) stood at 24.2%, while the full-year figure came in at 20.8%.

The company expanded its presence into 157 new cities, with a focus on tier-2 and smaller markets. It said growth is being driven by demand from new outlets rather than cannibalisation of existing stores.

Also Read - Ola Electric Q4 FY26 Loss Narrows 42.5% to ₹500 Crore

International Business Shows Steady Momentum

International operations reported 35% YoY revenue growth in Q4. EBITDA margin improved to 9.2% in the quarter. For the full year, international revenue rose 30%, while EBITDA margin expanded by 335 basis points (bps) to 7%.

The company highlighted rising premiumisation trends in India. Orders above ₹10,000 accounted for 20.5% of India’s revenue in FY26. International sunglasses volumes also grew 36% YoY, supported by demand for brands such as Meller.

Source:

The Economic Times