{"id":988775,"date":"2026-01-30T09:41:05","date_gmt":"2026-01-30T04:11:05","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=988775"},"modified":"2026-01-30T11:24:47","modified_gmt":"2026-01-30T05:54:47","slug":"software-led-deals-deliver-profit-for-pine-labs-in-q3","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/01\/30\/software-led-deals-deliver-profit-for-pine-labs-in-q3\/","title":{"rendered":"Software-led deals deliver profit for Pine Labs in Q3"},"content":{"rendered":"<p>Fintech major Pine Labs posted record quarterly revenue and swung to profit in the third quarter of FY26, as the company continued to move away from hardware-heavy deals to more software-led, higher-margin contracts. Revenue from operations rose 24% year-on-year to 744 crore, while it posted a profit after tax of 42 crore in the third quarter of FY26. <\/p>\n<p>It had posted a loss of 57 crore in the year-ago period. Revenue from its core business \u2014 digital infrastructure and transaction processing (DITP) \u2014 which is about 60% of its total revenue, grew 16% year-on-year to496 crore, while revenue from its issuing and acquiring platform that helps banks, brands, and fintechs deliver their credit offerings jumped 42% to 248 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fintech major Pine Labs posted record quarterly revenue and swung to profit in the third quarter of FY26, as the company continued to move away from hardware-heavy deals to more software-led, higher-margin contracts. Revenue from operations rose 24% year-on-year to 744 crore, while it posted a profit after tax of 42 crore in the third quarter of FY26. It had posted a loss of 57 crore in the year-ago period. Revenue from its core business \u2014 digital infrastructure and transaction processing (DITP) \u2014 which is about 60% of its total revenue, grew 16% year-on-year to496 crore, while revenue from its [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-988775","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/988775","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=988775"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/988775\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=988775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=988775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=988775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}