Pine Labs Q2 Results: Co swings to black, logs profit of Rs 6 crore, revenue jumps 18%
Payment solutions company Pine Labs swung back to black in the September-ended quarter, reporting a consolidated net profit of Rs 6 crore versus a loss of Rs 32 crore in the year-ago period.
The company’s revenue from operations in Q2FY26 stood at Rs 650 crore, up 18% over Rs 552 crore reported in the corresponding quarter of the last financial year.
This was Pine Lab’s first earnings since its listing on the exchanges in November this year.
