Pine Labs clocks PAT of Rs 59 crore in Q4 FY26
Mumbai, May 26 -- Revenue rose by 17% year-on-year (YoY) to Rs 701 crore during the period under review.
Adjusted EBITDA improved by 73% to Rs 146 crore while Adjusted EBITDA margin expanded by 700 basis points to 21% in Q4 FY26 over Q4 FY25.
The company posted a pre-tax profit of Rs 69 crore in Q4 FY26. It had registered a pre-tax loss of Rs 22 crore in Q4 FY25.
For FY26, Pine Labs has reported a net profit of Rs 113 crore on revenue of Rs 559 crore. It had recorded a net loss of Rs 29 crore on revenue of Rs 84 crore in FY25.
Pine Labs is a technology company focused on digitizing commerce through digital payments and issuing solutions for merchants, consumer brands and enterprises, and financial institutions.
The scrip fell 2.46% t...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.