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Eyewear retailer Lenskart said its revenue from operations jumped 46% in the January-March quarter from a year earlier, thanks to volume expansion and new customer additions in both international and overseas markets.
The Gurugram-based company reported a revenue of Rs 2,515 crore in the fourth quarter of FY26, up from Rs 1,725 crore in the same period last year. The company reported a profit after tax of Rs 203.6 crore for the fourth quarter, down from Rs 220 crore a year earlier. Net profit was lower from a year earlier, as the year-ago quarter had benefited from a one-time Rs 167 crore goodwill-related gain.
In the fourth quarter, Lenskart’s eyewear unit sales grew 24.3% to 7.9 million. The eyewear retailer’s quarterly transacting customers 28% YoY to 4.3 million in the January-March quarter. Meanwhile, the company’s average selling price in India grew almost 16% as customers shifted towards premium products, the company said.
Lenskart’s total expenses grew 35%to Rs 2,308 crore, while its Ebitda expanded 61% during the quarter. The company’s operating margin expanded to 21.3%.
Lenskart, which got listed on India’s stock exchanges in November last year, reported an 44% increase in its India business to Rs 1,475 crore for the March quarter, while its profit before tax from local operations surged 7 times to Rs 176 crore.
The company’s international sales grew 46% to Rs 1,054 crore. Lenskart is present in southeast Asian countries such as Thailand and Singapore, along with Middle Eastern markets, and generates about 42% revenue from these countries.
For the full year, Lenskart reported a 32% increase in its operating revenue to Rs 8,988 crore from FY25, while the company’s profit soared 68% to Rs 500 crore.
Lenskart also shared unaudited numbers that showed how its results would look if the three companies it recently bought had been part of the business for the full reporting period.
On December 31, 2024, Lenskart acquired Dealskart, the master franchise operator for its Indian retail outlets, followed by its acquisition of Spanish eyewear firm Meller on August 11 last year, and machine learning platform GeoIQ on September 30.
These illustrative — or pro forma — financial statements, which have been prepared to provide a like-for-like comparison, assume the acquisition of Dealskart effective September 30, 2024, of Meller from April 1, 2025, and of GeoIQ from April 1, 2024.
On a pro forma basis, the company’s revenue grew 41%, while its net profit surged 165%.
Lenskart said that while it benefited from currency tailwinds in its international operations, it had witnessed strong momentum throughout. Lenskart said that even on a constant currency basis, its revenue grew 25% on-year.
The Gurugram-based company reported a revenue of Rs 2,515 crore in the fourth quarter of FY26, up from Rs 1,725 crore in the same period last year. The company reported a profit after tax of Rs 203.6 crore for the fourth quarter, down from Rs 220 crore a year earlier. Net profit was lower from a year earlier, as the year-ago quarter had benefited from a one-time Rs 167 crore goodwill-related gain.
In the fourth quarter, Lenskart’s eyewear unit sales grew 24.3% to 7.9 million. The eyewear retailer’s quarterly transacting customers 28% YoY to 4.3 million in the January-March quarter. Meanwhile, the company’s average selling price in India grew almost 16% as customers shifted towards premium products, the company said.
Lenskart’s total expenses grew 35%to Rs 2,308 crore, while its Ebitda expanded 61% during the quarter. The company’s operating margin expanded to 21.3%.
Lenskart, which got listed on India’s stock exchanges in November last year, reported an 44% increase in its India business to Rs 1,475 crore for the March quarter, while its profit before tax from local operations surged 7 times to Rs 176 crore.
The company’s international sales grew 46% to Rs 1,054 crore. Lenskart is present in southeast Asian countries such as Thailand and Singapore, along with Middle Eastern markets, and generates about 42% revenue from these countries.
For the full year, Lenskart reported a 32% increase in its operating revenue to Rs 8,988 crore from FY25, while the company’s profit soared 68% to Rs 500 crore.
Lenskart also shared unaudited numbers that showed how its results would look if the three companies it recently bought had been part of the business for the full reporting period.
On December 31, 2024, Lenskart acquired Dealskart, the master franchise operator for its Indian retail outlets, followed by its acquisition of Spanish eyewear firm Meller on August 11 last year, and machine learning platform GeoIQ on September 30.
These illustrative — or pro forma — financial statements, which have been prepared to provide a like-for-like comparison, assume the acquisition of Dealskart effective September 30, 2024, of Meller from April 1, 2025, and of GeoIQ from April 1, 2024.
On a pro forma basis, the company’s revenue grew 41%, while its net profit surged 165%.
Lenskart said that while it benefited from currency tailwinds in its international operations, it had witnessed strong momentum throughout. Lenskart said that even on a constant currency basis, its revenue grew 25% on-year.
