Pine Labs Q1 PAT jumps 309% YoY to Rs 20 crore
Mumbai, July 29 -- Revenue from operations rose 19.64% YoY to Rs 736.92 crore in Q1 FY27 from Rs 615.91 crore in the corresponding quarter of the previous year.
The company reported a profit before tax (PBT) of Rs 37.73 crore in Q1 FY27, compared with a loss before tax of Rs 4.84 crore in Q1 FY26.
On a segmental basis, revenue from the digital infrastructure business increased 14.90% YoY to Rs 499.12 crore in Q1 FY27 from Rs 434.37 crore in Q1 FY26. Revenue from the issuing and acquiring platform business rose 30.90% YoY to Rs 237.80 crore from Rs 181.54 crore in the corresponding quarter of the previous year.
Adjusted EBITDA improved 4.13% YoY to Rs 126 crore in Q1 FY27 from Rs 121 crore in Q1 FY26. However, adjusted EBITDA margin nar...
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