Lenskart Reports 46% Revenue Growth in Q4, Driven by Volume Expansion
Lenskart’s Q4 revenue jumps 46% on strong volume expansion
Image: The Economic Times
Lenskart, an eyewear retailer based in Gurugram, India, reported a 46% increase in revenue for the January-March quarter, reaching ₹2,515 crore. Despite a decline in net profit to ₹203.6 crore, the company saw significant growth in both domestic and international markets, with overall revenue for FY26 rising to ₹8,988 crore.
- 01Lenskart's profit before tax for Q4 FY26 was ₹256 crore, up from ₹241 crore a year earlier.
- 02The company's total expenses increased by 35% to ₹2,308 crore during the quarter.
- 03Lenskart's operating margin improved to 21.3%, reflecting efficient cost management.
- 04The domestic business grew by 44% to ₹1,475 crore, with profit before tax from local operations increasing sevenfold.
- 05International sales contributed ₹1,054 crore, marking a 46% increase, with significant revenue from markets in Southeast Asia and the Middle East.
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Lenskart, the Gurugram-based eyewear retailer, reported a remarkable 46% increase in revenue for the January-March quarter of FY26, totaling ₹2,515 crore, compared to ₹1,725 crore in the same quarter last year. The company attributed this growth to robust volume expansion and a surge in new customer acquisitions. However, net profit for the quarter fell to ₹203.6 crore, down from ₹220 crore a year earlier, primarily due to a one-time goodwill gain of ₹167 crore in the previous year. Excluding exceptional items, profit before tax rose to ₹256 crore, up from ₹241 crore in the last fiscal year. Total expenses for Lenskart grew by 35% to ₹2,308 crore, while its EBITDA expanded by 61%, leading to an improved operating margin of 21.3%. The company's domestic operations saw a 44% revenue increase, reaching ₹1,475 crore, and profit before tax surged sevenfold to ₹1,767 crore. Lenskart's international sales also performed well, growing by 46% to ₹1,054 crore, with significant contributions from Southeast Asia and Middle Eastern markets, which account for about 42% of its revenue. For the full fiscal year, Lenskart's operating revenue increased by 32% to ₹8,988 crore, while net profit soared by 68% to ₹500 crore.
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Lenskart's growth indicates a rising demand for eyewear in India, potentially leading to increased job opportunities and economic activity in the retail sector.
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