Lenskart FY26 Profit Jumps 68% As Revenue Crosses ₹2,500 Crore In Q4
Lenskart reported strong FY26 revenue growth, added 603 stores globally and saw rising demand for its AI-powered smart glasses despite a marginal Q4 profit decline.
Lenskart reported a marginal decline in quarterly profit for Q4 FY26 even as the company delivered strong revenue growth across domestic and international markets, supported by aggressive retail expansion, improving marketing efficiency and growing interest in its AI-powered smart glasses.
The company posted a consolidated net profit of ₹203.6 crore during the March quarter, compared to ₹220 crore in the corresponding period last year.
However, on a full-year basis, Lenskart’s profit surged 68.4 percent to ₹500.9 crore in FY26.
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Revenue Growth Strong:
Revenue from operations during the quarter rose significantly to ₹2,515.7 crore from ₹1,727.5 crore a year earlier, reflecting strong growth across geographies and sales channels.
India revenue increased 44.3 per cent year-on-year to ₹1,475 crore in Q4 FY26, while international revenue grew 47 per cent to ₹1,054 crore.
The company’s EBITDA also climbed 61.2 per cent during the quarter to ₹536.2 crore.
From a marketing perspective, Lenskart continued increasing advertising and promotional investments during the quarter, although marketing costs as a proportion of revenue declined, indicating improving customer acquisition efficiency and stronger organic brand demand.
Marketing expenditure rose 26.6 percent year-on-year to ₹87.4 crore in Q4 FY26 from ₹69 crore in the year-ago period.
However, marketing expenses as a percentage of revenue fell to 5.9 percent from 6.7 percent last year.
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Smart Glasses Expansion:
According to the company, the trend reflects the increasingly “pull-driven nature” of the Lenskart brand as consumer recall and demand continue strengthening.
In a major product-focused expansion, the company recently launched “B”, its AI-powered smart glasses designed to support prescription lenses for daily use.
Lenskart said more than 30,000 consumers have already joined the waitlist for the wearable technology product, highlighting rising interest in AI-enabled eyewear and connected consumer devices.
The company also expanded its global footprint by increasing its stake in Japanese eyewear retailer OWNDAYS by an additional 1 percent.
Following the acquisition, Lenskart Group’s aggregate shareholding in OWNDAYS will rise to 97.67 percent on a fully diluted basis through subsidiaries MLO K.K. and Lenskart Solutions Pte. Ltd.