Lenskart Q4 profit dips 9% to ₹200 cr even as revenue jumps 46% to ₹2,516 cr

FY26 revenue rose 32% to ₹9,002 cr with adjusted PAT up 148% to ₹530 cr and EBITDA up 55% to ₹1,789 cr. India SSSG hit 24.2% in Q4, 603 net new stores added, and Gold subscription income climbed 85% to ₹199 cr. Margin pressure persists despite scale gains.

— Source publishedWed, 20 May, 2026, 17:01 IST·First seen Wed, 20 May, 2026, 17:40 IST·Source Outlook Business

What happened

Lenskart's Q4 net profit fell 9% to ₹200 crore despite 46% revenue growth to ₹2,516 crore. FY26 revenue rose 32% with adjusted PAT up 148%. Added 603 stores,

Key facts

  • Q4 net profit ₹200 crore (-9% YoY)
  • Q4 revenue ₹2,516 crore (+46%)
  • FY26 revenue ₹9,002 crore (+32%)
  • FY26 EBITDA ₹1,789 crore (+55.3%)
  • FY26 adjusted PAT ₹530 crore (+148%)
  • 6.8M Q4 eye tests
  • 23.8M FY eye tests
  • 24.2% Q4 India SSSG
  • 603 net new stores
  • ROCE 23%
  • NPS 81.4
  • 8.8M Gold members
  • subscription income ₹199 crore (+85%)
  • international revenue +35% Q4

Why this matters

With ₹9,002 cr revenue, an 85% jump in Gold subscription income, and aggressive store rollout, Lenskart is consolidating category leadership ahead of its IPO—raising the bar for any eyewear or vision-care M&A targets in India and SEA.