The fintech reported a four-fold rise in first-quarter profit despite a higher effective tax rate, while revenue growth was supported by investments in sales and merchant expansion
Platform gross transaction value was about ₹4.22 trillion as digital checkout points rose 18 per cent to 2.17 million; contribution margin fell to 72.3 per cent year-on-year
The rise in net profit came at a time when the Gurugram-headquartered company's revenue from operations rose 17 per cent to ₹700.51 crore in Q4 FY26, up from ₹598.64 crore in Q4 FY25
Q4FY26 company results: Firms including Amara Raja Energy & Mobility, Awfis Space Solutions, Campus Activewear, and Chemplast Sanmar are also to release their January-March earnings today
Larger platforms like PB Fintech and One97 Communications (Paytm) have closely tracked or slightly underperformed the Nifty 50, displaying far better resilience than sub-scale players
Acquisition of checkout platform Shopflo aims to strengthen Pine Labs' full-stack commerce offering and deepen engagement with D2C merchants across online and offline channels
The Reserve Bank of India has imposed monetary penalties on four entities for regulatory non-compliance, citing lapses in KYC norms, PSL rules and electronic transaction handling
Pine Labs posts strong Q3FY26 profit growth despite one-time hit from new labour codes, driven by higher revenues and better monetisation of digital checkout points