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Pine Labs Sees Profits Surge Sixfold Amid Digital Payments Boom

Technology News

Pine Labs Sees Profits Surge Sixfold Amid Digital Payments Boom

Pine Labs Q2: Profit grows sixfold to Rs 39 cr, revenue up 24%

MediaNama

Pine Labs Q2: Profit grows sixfold to Rs 39 cr, revenue up 24%

Pine Labs reported a sixfold jump in Q2 FY27 net profit to Rs 38.6 crore, while revenue grew 24% to Rs 806.2 crore, driven by merchant expansion, new products and international growth.

Pine Labs Q2 net profit jumps over sixfold to $4.1m

Tech in Asia

Pine Labs Q2 net profit jumps over sixfold to $4.1m

Pine Labs said revenue from Southeast Asia rose about 40% year on year.

Pine Labs revenue grows 24% in September quarter to Rs 806 crore, net profit grows 6x

MoneyControl

Pine Labs revenue grows 24% in September quarter to Rs 806 crore, net profit grows 6x

CEO Amrish Rau said that Pine Labs is looking to find the right balance between investing in new products, new ideas, and new regions, while continuing to be strongly EBITDA positive.

Pine Labs profit jumps over sixfold as India's digital payments boom lifts demand

Reuters

Pine Labs profit jumps over sixfold as India's digital payments boom lifts demand

Indian fintech firm Pine Labs reported a more than sixfold jump in second-quarter profit ​on Thursday, buoyed by rising adoption of ‌digital payment services, sending its shares up nearly 6%.

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