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Lenskart Q4 revenue jumps 46% to Rs 2,516 cr but profit slips as store blitz continues
Our read
Lenskart's 542-store quarterly blitz with 6.8M eye tests shows omnichannel scale economics, but the profit dip signals expansion costs are outpacing unit economics maturation in Tier 2+ markets.
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The report,
Lenskart Q4 revenue rose 46% to Rs 2,515.7 cr on 44% India growth, though net profit slipped to Rs 203.6 cr. Added 542 net new stores (254 in Tier 2+), bringing global count to 3,327. CEO Bansal targets AI-first operating model in FY27.
Reported figures
From the report. Source details below
- Q4 net profit Rs 203.6 cr (vs Rs 220 cr)
- 6.8M eye tests in Q4 +45%
- FY revenue Rs 8,988 cr +28%
- Rs 199.5 cr subscription fees
Other figures
- 8.8M Gold members
Why it matters to operators
With 3,327 global stores and a dominant India footprint, Lenskart is consolidating the eyewear category—creating both partnership openings for adjacent eye-health players and a higher bar for any regional acquirer.
The source
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