Pine Labs Q2 FY27 Profit Jumps 6.5X to ₹39 Crore, Revenue Up 24%

29 Oct 2026, 1:37 pm · 2h ago · 1 min read · EntrackrNew

Fintech major Pine Labs reported a 24% year-on-year increase in operating revenue to ₹806 crore for Q2 FY27, up from ₹650 crore in Q2 FY26. Net profit surged 6.5 times to ₹39 crore compared to ₹6 crore in the same period last year. The company's digital infrastructure and transaction platform contributed ₹532 crore, up 21% YoY, making up 66% of operating revenue. The issuing and acquiring platform grew 31% to ₹275 crore. Total expenditure rose 16% to ₹770 crore, while employee benefits remained flat at ₹268 crore.