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Lenskart Solutions delivers strong Q4 (January-March) revenue growth amid improved operating margins. Continued demand across channels and stronger operating leverage supported a solid topline performance for Lenskart Solutions in the March quarter, even as net profit declined year-on-year. The company reported a 45.6 percent increase in revenue to Rs 2,515.7 crore in Q4, compared with Rs 1,727.5 crore in the corresponding period last year, driven by expansion across both online and offline businesses.
The eyewear retailer also posted a sharp improvement in operating performance with EBITDA rising 84 per cent year-on-year to Rs 538.4 crore from Rs 293 crore a year earlier. EBITDA margins expanded to 21.4 per cent from 16.9 percent in the same quarter last year, reflecting improved efficiencies and scale-led gains.
Despite stronger operational metrics, Lenskart Solutions reported an 8.6 percent year-on-year decline in net profit to Rs 200 crore for the March quarter, compared with Rs 218.8 crore in the year-ago period. Investor sentiment remained cautious following the earnings release, with the company’s shares falling to an intraday low of Rs 480.50 on the NSE, down 2.7 percent from the day’s high of Rs 494.
The quarterly performance nevertheless reflected improving operating leverage for the eyewear retailer, supported by stronger scale and margin expansion, even as net-level profitability remained under pressure.
Lenskart Solutions operates one of India’s largest omnichannel eyewear platforms, offering prescription eyewear, sunglasses and contact lenses through its digital channels and a wide retail network across domestic and international markets.
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