Mumbai, May 20 (IANS) Lenskart Solutions on Wednesday reported a 8.49 per cent year-on-year (YoY) decline in consolidated net profit for the March quarter (Q4 FY26).

The company’s consolidated net profit stood at Rs 200.28 crore in the fourth quarter, compared to Rs 218.88 crore in the corresponding period last financial year (Q4 FY25), according to its stock exchange filing.

Revenue from operations during the quarter rose 46 per cent year-on-year to Rs 2,516 crore, driven by strong same-store growth, expansion into new markets and rising premium product demand.

Lenskart said its adjusted profit after tax surged 165 per cent in the March quarter, supported by 41 per cent revenue growth and 61 per cent growth in EBITDA.

For the full financial year FY26, the company reported a 32 per cent increase in revenue to Rs 9,002 crore.

EBITDA during the year climbed 55.3 per cent to Rs 1,789 crore, while adjusted PAT jumped 148 per cent to Rs 530 crore.

The company said it conducted 6.8 million eye tests during the March quarter, marking a 45 per cent increase compared to the year-ago period.

For the full year, total eye tests rose 48 per cent to 23.8 million, with nearly half of them being first-time eye examinations in India.

“Every eye test expands the addressable market itself. Growth is deepening, not just widening,” the company said in a statement.

According to the company, India delivered same-store sales growth of 24.2 per cent in the fourth quarter, while same-pincode growth remained significantly higher.

Lenskart Solutions also expanded into 157 new cities across tier-2 and smaller markets during the year.

The company’s international business also continued to witness strong momentum. International revenue grew 35 per cent year-on-year in the March quarter, while EBITDA margin expanded to 9.2 per cent.

For the full year, international revenue increased 30 per cent, with EBITDA margin improving by 335 basis points to 7 per cent.

–IANS

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