Pine Labs Q2 Profit Jumps Over 6X YoY To ₹38.6 Cr, Revenue Rises 24%
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Pine Labs Q2 Profit Jumps Over 6X YoY To ₹38.6 Cr, Revenue Rises 24%

29 Oct'26 | By
Decoding IPO-Bound Pine Labs’ Revenue Model

Pine Labs’ profit for the September quarter jumped over 6X year-on-year (YoY) to ₹38.6 Cr from₹6 Cr in the year-ago quarter. Sequentially, net profit rose 97% from ₹19.6 Cr in Q1 FY27.

Meanwhile, operating revenue jumped 24% YoY and 9% QoQ to ₹806.2 Cr in the quarter under review. Including other income of ₹25.6 Cr, Pine Labs’ total income for the quarter stood at ₹831.7 Cr, up 24% from ₹672.9 Cr in the year-ago quarter.

Meanwhile, total expenses rose 16% to ₹770.4 Cr from ₹661.7 Cr in Q2 FY26. Tax expenses for the quarter stood at ₹22.8 Cr.

(The story will be updated soon)

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Pine Labs Q2 Profit Jumps Over 6X YoY To ₹38.6 Cr, Revenue Rises 24%-Inc42 Media
Pine Labs Q2 Profit Jumps Over 6X YoY To ₹38.6 Cr, Revenue Rises 24%-Inc42 Media
Pine Labs Q2 Profit Jumps Over 6X YoY To ₹38.6 Cr, Revenue Rises 24%-Inc42 Media
Pine Labs Q2 Profit Jumps Over 6X YoY To ₹38.6 Cr, Revenue Rises 24%-Inc42 Media
Pine Labs Q2 Profit Jumps Over 6X YoY To ₹38.6 Cr, Revenue Rises 24%-Inc42 Media