Records Second Straight Profitable Quarter

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SUMMARY

On a sequential basis, profit surged over 7X from INR 6 Cr

Operating revenue recorded a 24% YoY and 15% QoQ growth to INR 744.3 Cr

The company also recognised a one-time employee benefit provision of INR 12.2 Cr during the quarter under review due to the implementation of the new Labour Codes

Fintech major Pine Labs reported its second consecutive profitable quarter, reporting a consolidated net profit of INR 42.4 Cr in the December quarter of 2025 (Q3 FY26) as against a net loss of INR 56.7 Cr in the year-ago…



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Records Second Straight Profitable Quarter


SUMMARY

On a sequential basis, profit surged over 7X from INR 6 Cr

Operating revenue recorded a 24% YoY and 15% QoQ growth to INR 744.3 Cr

The company also recognised a one-time employee benefit provision of INR 12.2 Cr during the quarter under review due to the implementation of the new Labour Codes

Fintech major Pine Labs reported its second consecutive profitable quarter, reporting a consolidated net profit of INR 42.4 Cr in the December quarter of 2025 (Q3 FY26) as against a net loss of INR 56.7 Cr in the year-ago…



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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