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As has been the case with most of the IPO-bound new-age tech companies, fintech major Pine Labs
turned profitable in the first nine months of FY25 (9M FY25). The company reported a net profit of INR 26.1 Cr as against a loss of INR 151.6 Cr in the same period last fiscal.
The improvement in the bottom line came on the back of a surge in its top line. In 9M FY25, the company’s operating revenue jumped 23% to INR 1,208.2 Cr from INR 982.1 Cr in the year-ago period. Including an other income of…
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As has been the case with most of the IPO-bound new-age tech companies, fintech major Pine Labs turned profitable in the first nine months of FY25 (9M FY25). The company reported a net profit of INR 26.1 Cr as against a loss of INR 151.6 Cr in the same period last fiscal.
The improvement in the bottom line came on the back of a surge in its top line. In 9M FY25, the company’s operating revenue jumped 23% to INR 1,208.2 Cr from INR 982.1 Cr in the year-ago period. Including an other income of…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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