inc42

Pine Labs Retains Profitability In Q2, Posts INR 6 Cr PAT

While it reported a net loss of INR 32 Cr in the year-ago quarter, the company's profit rose 25% QoQ from INR 4.8 Cr in Q1 FY26 Operating revenue jumped 18% YoY and 6% QoQ to INR 649.9 Cr during the ...
inc42

Pine Labs’ FY23 Operating Revenue Grows 37% To INR 1,280 Cr, Net Loss Doubles

Pine Labs saw its net loss double to INR 56.2 Cr in FY23 from INR 22.6 Cr in FY22, primarily due to a big difference in the deferred tax expense The fintech unicorn’s revenue from India grew 37% to ...