Pine Labs' Q4 Show, Paytm's Europe Play & More
India, May 26 -- Pine Labs' Profit Run
Pine Labs scored its maiden full-year of profitability in FY26, anchored by a lucrative Q4 bottom line. Driven by growing revenues, domestic contracts, fresh launches and an aggressive global push, the fintech giant thrived despite West Asia headwinds.
Here is a quick snapshot of Pine Labs' Q4 FY26 numbers:
Net profit stood at Rs.59.4 Cr versus a loss of Rs.28.9 Cr in Q4 FY25
Operating revenue rose 14.7% YoY to Rs.700.5 Cr
Adjusted EBITDA improved 73% YoY to Rs.146 Cr
Total expenses shot up a marginal 8% YoY to Rs.681.9 Cr
Solidly In The Black: This quarter highlighted that Pine Labs is beginning to convert scale into earnings. Profitability improved meaningfully, helped by stronger execution ...
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