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

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SUMMARY

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 quarter under review

Total expenses rose 8% YoY to INR 661.7 Cr

Recently listed Pine Labs reported a net profit of INR 6 Cr in Q2 FY26 as against a net loss of INR 32 Cr in the year-ago period. Sequentially, the company’s profit rose 25% from INR 4.8 Cr in Q1 FY26.

Operating revenue jumped 18% YoY and 6% QoQ to INR…



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


SUMMARY

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 quarter under review

Total expenses rose 8% YoY to INR 661.7 Cr

Recently listed Pine Labs reported a net profit of INR 6 Cr in Q2 FY26 as against a net loss of INR 32 Cr in the year-ago period. Sequentially, the company’s profit rose 25% from INR 4.8 Cr in Q1 FY26.

Operating revenue jumped 18% YoY and 6% QoQ to INR…



Source link

Disclaimer

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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