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.
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, expanded into 157 tier-2 cities, India SSSG hit 24.2%.
Why this matters
Third Lenskart Q4 readout this cycle, all flagging the same divergence: revenue acceleration (+46%) and EBITDA margin expansion to 21.4%, but net profit slippage from cost pressure ahead of IPO.
Retail-company signals steady at 699 in last 90 days; Lenskart dominates eyewear coverage.