Pine Labs Q1: Profit Surges 4X YoY To ₹20 Cr, Revenue Up 20%

Fintech major Pine Labs’ Q1 FY27 net profit surged over 4X YoY to ₹19.6 Cr from a net profit of ₹4.8 Cr in the same quarter last year. Sequentially, the company’s profit declined by 203% from ₹59.4 Cr reported in Q4 FY26. Meanwhile, operating revenue jumped 20% YoY to ₹736.9 Cr in the quarter under review from ₹615.9 Cr in Q1 FY26.