Growth Outpaces Profitability
Lenskart Solutions saw strong revenue growth in Q4FY26, with operating revenue climbing 46% year-over-year to Rs 2,516 crore. Despite this top-line success, the company's net profit for the quarter fell 7% to Rs 204 crore, down from Rs 220 crore in the same period last year. This profit dip highlights the impact of rising expenses, including a 36% increase in material costs and a 26% rise in employee benefits, which offset gains from operational efficiency. Full-year EBITDA reached Rs 1,789 crore, but margin pressure remains a key concern.
AI Strategy Faces Valuation Test
Lenskart's management describes its current phase as a
