
Pine Labs reported growth in its financial performance for the March quarter of FY26, supported by expansion in its international operations and broader product offerings.
The fintech company posted operating revenue of ₹700 crore during the quarter, compared with ₹598 crore in the corresponding period last year. The company also reported a net profit of ₹59 crore, marking a turnaround from the loss recorded in the previous year’s quarter.
For the quarter ended March 2026, Pine Labs reported operating revenue of ₹700 crore, reflecting a year-on-year increase of 17% from ₹598 crore recorded in Q4FY25.
The company stated that revenue growth was supported by its international business operations and the continued expansion of products beyond merchant payment processing services.
Pine Labs also reported a net profit of ₹59 crore for the quarter, compared with a net loss of around ₹29 crore in the same quarter of the previous financial year.
The company maintained a relatively controlled increase in expenses during the reporting quarter. Total expenses for Q4FY26 stood at ₹681 crore, compared with approximately ₹632 crore in the year-ago period.
Employee-related expenditure remained one of the major cost components for the fintech firm. The company indicated that cost management measures contributed to the improvement in profitability during the quarter.
For the full financial year FY26, Pine Labs reported operating revenue of ₹2,710 crore.
The company posted a net profit of ₹112 crore for the year, compared with a net loss of ₹145 crore reported in FY25. The annual performance reflected growth in revenue along with an improvement in profitability metrics.
Pine Labs, which was listed in November 2025, also shared details regarding the utilisation of proceeds raised through its initial public offering (IPO).
The company had raised ₹2,080 crore through fresh capital issuance during the IPO. According to the company, around ₹797 crore from the proceeds has already been utilised, with a significant portion allocated towards repayment of borrowings.
The fintech company has continued to expand its business beyond traditional merchant payment processing solutions.
Growth in international markets and diversification of financial technology offerings remained among the factors contributing to revenue growth during the financial year.
Pine Labs shares were trading at ₹143.67 on 26 May 2026 at 11:10 am, down 1.73% or ₹2.53 from the previous close of ₹146.20.
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Pine Labs reported growth in revenue and profitability during Q4FY26, supported by business expansion and cost management measures. The company also continued deployment of IPO proceeds towards operational and financial requirements, including debt repayment.
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Published on: May 26, 2026, 12:50 PM IST

Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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