Pine Labs Q2: Profit grows sixfold to Rs 39 cr, revenue up 24%
Pine Labs reported strong growth for Q2 FY27, driven by international expansion and a larger merchant base. The company's Digital Infrastructure and Transaction Platform remains its primary revenue driver, accounting for 66% of operating revenue.
Key points
- Net profit rose to Rs 38.6 crore from Rs 6 crore year-on-year.
- Revenue from operations increased 24% to Rs 806.2 crore.
- Digital Infrastructure segment grew 21% to Rs 531.6 crore.
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