Pine Labs Shares Slide 5.6% After Q1 Profit Slumps 67% QoQ

Shares of fintech major Pine Labs slumped as much as 5.6% to touch an intra-day low of ₹144.4 on the BSE today, a day after the company released its financial results for the first quarter of FY27. Investor concerns about the fall in margins during the quarter under review led to the decline in the share prices. The stock ended today’s trading session 5.39% lower at ₹144.75 on the BSE.