Pine Labs Q1 net profit jumps 4X, revenue up 20%

Fintech company Pine Labs saw its profit after tax (PAT) jump four times in Q1 FY27, as compared to the same period in the previous fiscal. The company's PAT was Rs 20 crore in the quarter that ended on June 30. According to a statement by the company, its revenue rose to Rs 737 crore, 20% up from the corresponding period in the previous financial year.