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Lenskart Solutions Ltd Reports 7% Fall in Net Profit Despite 45% Revenue Growth

Lenskart Solutions Ltd has reported a 7 percent decline in net profit from Rs 220 crore in the fourth quarter of FY25 to Rs 204 crore in the fourth quarter of FY26, as per regulatory filings. The company's revenue from operations, however, rose by 45 percent to Rs 2,518 crore from Rs 1,728 crore during the same period, driven by increased demand for its services.

Key Financial Highlights for FY26

MetricFY25FY26% Change
RevenueRs 6,653 croreRs 9,002 crore35%
Net ProfitRs 385 croreRs 530 crore38%

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For the full year, Lenskart Solutions Ltd reported a revenue of Rs 9,002 crore, a 35 percent increase from Rs 6,653 crore in FY25. The company's profits also rose by 38 percent from Rs 385 crore in FY25 to Rs 530 crore in FY26.

The company's sales breakdown by region shows that about Rs 5,265 crore (58 percent) of its total sales of Rs 9,002 crore in FY26 came from India, while around Rs 3,790 crore (42 percent) came from global markets. In India, Lenskart sold 28.8 million units in FY26, a significant increase from 22.9 million in FY25. The company also sold 6.5 million units in other markets, up from 5.4 million units in FY25.

Lenskart's average selling price (ASP) in India grew by 15.9 percent year-on-year (YoY) in Q4 to Rs 1,865. The company attributed this growth to a continued shift in product mix toward premium products and the normalization of last year's base, which was depressed by the New Lens Replacement offering launched in Q4 FY25.

The company's net store additions nearly doubled from 282 in FY25 to 542 in FY26. Despite these positive developments, Lenskart's share price was down 1.2 percent to trade at Rs 486.65 apiece.

Read also: US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline

Investor Takeaway

Lenskart Solutions Ltd reported a 7% decline in Q4 profit, but revenue growth of 45%.

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