Pine Labs revenue rises 24% to Rs 806 Cr in Q2 FY27, profit up 6.5X

Pine Labs reported Q2 FY27 operating revenue of Rs 806 crore, up 24% year on year, while net profit jumped 6.5 times to Rs 39 crore. Its digital infrastructure and transaction platform brought in Rs 532 crore, or 66% of revenue, and the issuing and acquiring platform grew 31% to Rs 275 crore.

• Q2 FY27 revenue reached Rs 806 crore, up from Rs 650 crore a year earlier
• Net profit surged 6.5X to Rs 39 crore
• Digital infrastructure platform: Rs 532 crore, +21%, 66% of revenue
• H1 FY27 revenue hit Rs 1,543 crore with profit of Rs 99 crore