Pine Labs announced a net profit of ₹39 crore for the June‑September quarter of FY27, a jump from ₹6 crore in the same period of FY26, representing a 550% increase or more than sixfold growth. The fintech firm’s revenue from operations rose 24% year‑on‑year to ₹806 crore, up from ₹650 crore in Q2 FY26. This revenue acceleration marks a five‑quarter high, underpinning the company’s improved profitability and cash flow. Operating profit, or EBITDA, climbed 68% to ₹126 crore from ₹75 crore in the corresponding quarter of FY26, while the margin stabilized at 15.63% versus 11.54% YoY.

For the first half of FY27, Pine Labs’ net profit reached ₹58 crore, a rise from ₹11 crore YoY, and revenue from operations grew 22% to ₹1,543 crore against ₹1,266 crore in H1 FY26. The company processes approximately 25 million transactions daily across its businesses, a 22% year‑on‑year increase. More than 29% of DITP GTV is now monetised and linked to volume, up from 15% a year earlier. Products launched in the last two years contributed 14% of the quarter’s revenue, while markets outside India accounted for 15% of revenue.

International expansion continued to drive growth, with Southeast Asia revenue rising around 40% YoY. International DCPs in Southeast Asia reached nearly 1 lakh, up 2.7 times year‑on‑year, and the UAE business crossed 1 lakh daily transactions. Pine Labs operates in more than 22 markets, with credit processing in over 17 markets, and is extending its Malaysia playbook to the UAE, the Philippines and Singapore. Online payments grew over 45% YoY, with GTV up 140% YoY as the business pushed into agentic commerce, cross‑border, SMB and government corridors.

CEO Amrish Rau highlighted that Q2 was an all‑round quarter, with growth across acceptance and issuing, 15% of revenues from global markets and 14% from products launched only in the last two years. He noted that Pine Labs has been EBITDA‑positive for a long time and that the company seeks a balance between investing in new products, ideas and regions while maintaining strong EBITDA positivity. The firm expressed confidence in sustaining this pace into H2, citing merchant acquisition, deeper monetisation of the installed base, newer products and use cases, and international expansion as growth engines.

Following the earnings announcement, Pine Labs shares rose 7.5% to an intraday high of ₹174.8 on the National Stock Exchange. At 2:12 PM, the stock traded at ₹167.95 per share, up 3.29%. As of October 29, 2026, the company’s market capitalisation stood at ₹19,370.91 crore. The report was issued with a disclaimer that it is for informational purposes only and not investment advice.