Lenskart shares surge over 6% after profit jumps over eight times in Q4

Shares of eyewear retailer Lenskart surged as much as 6.2% to hit an intraday high of ₹517 on the National Stock Exchange (NSE) on Thursday, May 21, a day after it reported its March quarter earnings. On the BSE, Lenskart shares climbed as much as 6.16% to touch an intraday high of ₹516.65.

Lenskart post market hours on Wednesday said that its net profit in January-March quarter jumped by 730% or over eight times to ₹164 crore compared with ₹20 crore in the same period last year.

Its revenue from operations advanced 44% to ₹1,470 crore in fourth quarter of current financial year from ₹1,022 crore in the year-ago period.

The Delhi-based company reported strong operational performance as its EBITDA also known as operating profit jumped 188% to ₹285 crore from ₹99 crore and its EBITDA margin improved by 9.7 percentage points to 19.4%.

"India delivered 24.2% SSSG in Q4, with Same-Pincode Growth running 690 basis points ahead, confirming new stores unlock demand rather than cannibalise it; full-year SSSG was 20.8% and SPSG was 27.3%. We entered 157 new cities across Tier 2+ markets. International growth was also driven largely by same-store performance," Lenskart said in a letter to shareholders.

Its international business revenue grew 35.4% year on year with EBITDA margin expanding to 9.2% in fourth quarter. For the full year, international revenue grew 30.2% YoY, with EBITDA (pre-IndAS 116) margin expanding 335 bps to 7.0% -tracking ahead of where India was at comparable scale, Lenskart added.

During the fourth quarter, Lenskart conducted 6.8 million eye tests, sold 9.7 million eyewear units and it added 183 net new stores. For financial year 2025-26, Lenskart conducted 23.8 million eye tests, sold 35.3 million eyewear units and it added 603 new stores.

The company added that its single biggest priority for the current financial year is to sustain the growth momentum.

"Our single biggest priority for FY27 is sustaining growth - and the engine of that growth is the transformation of Lenskart from a consumer-tech company into a consumer-AI company. Everything that follows -flows from that one decision," the Delhi-based company added.

As of 11:46 am, Lenskart shares traded 3.35% higher at ₹503, outperforming the NIFTY Margemidcap 250 index which was up 0.41%.