Pine Labs Q3 Results: Co swings to black with cons PAT of Rs 42 crore versus YoY loss; revenue rises 24%

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Payment solutions company Pine Labs posted a consolidated net profit of Rs 42 crore in the December-ended quarter versus a loss of Rs 57 crore in the year-ago period. The revenue from operations stood at Rs 744 crore in Q3FY26, rising 24% over Rs 602 crore in the corresponding quarter of the last financial year.

This was Pine Lab’s second earnings since its listing in November.

The company’s profits jumped 600% on a sequential basis compared to Rs 6 crore in Q2FY26, while the revenue saw a 15% uptick QoQ from Rs 650 crore in the July-September…



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Pine Labs Q3 Results: Co swings to black with cons PAT of Rs 42 crore versus YoY loss; revenue rises 24%



Payment solutions company Pine Labs posted a consolidated net profit of Rs 42 crore in the December-ended quarter versus a loss of Rs 57 crore in the year-ago period. The revenue from operations stood at Rs 744 crore in Q3FY26, rising 24% over Rs 602 crore in the corresponding quarter of the last financial year.

This was Pine Lab’s second earnings since its listing in November.

The company’s profits jumped 600% on a sequential basis compared to Rs 6 crore in Q2FY26, while the revenue saw a 15% uptick QoQ from Rs 650 crore in the July-September…



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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