Archive · 3 Dec 2025
Pine Labs Reports Rs 6 Crore Profit in Q2
Pine Labs, a fintech company, made a profit of Rs 6 crore in the second quarter of the financial year 2025-26.
This is a big improvement from the same period last year when they had a loss.
Their revenue grew by 18%, and they made more money from international markets.
They also processed a record amount of transactions and have over 1 million merchants using their platform.
Pine Labs reported a consolidated profit of Rs 5.97 crore in Q2 FY26, compared to a loss of Rs 32 crore in Q2 FY25.
The company's adjusted EBITDA increased by 62% year-over-year to Rs 122 crore, with margins expanding to 19% from 14%.
Consolidated revenue from operations grew by 18% year-over-year to Rs 649.9 crore in Q2 FY26.
17% of Q2 FY26 revenue came from international markets, up from 15% in Q2 FY25.
Pine Labs processed its highest-ever quarterly Gross Transaction Value (GTV) of over $48 billion and surpassed 1.0 million merchants on its platform.
- Who
- Pine Labs
- What
- Reported a profit of Rs 5.97 crore in Q2 FY26
- When
- Second quarter of the financial year 2025-26
- Where
- Global operations, with 17% revenue from international markets
- Why
- Due to increased revenue and improved EBITDA margins
- Profit
- Rs 5.97 crore
- Revenue
- Rs 649.9 crore
- Adjusted EBITDA
- Rs 122 crore
- Adjusted EBITDA Margins
- 19%
- Revenue Growth
- 18% YoY
- International Revenue
- 17% of total revenue
- Gross Transaction Value (GTV)
- Over $48 billion
- Merchants on Platform
- Over 1.0 million
