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Pine Labs Returns to Profit with Strong Q2 Performance
Pine Labs turns profitable in Q2 FY26 with a ₹5.
Pine Labs reported a Q2 FY26 consolidated net profit of ₹5.97 crore, reversing last year's loss, while revenue grew 18% YoY to ₹650 crore. Adjusted EBITDA surged 62% to ₹122 crore, with margins expanding from 14% to 19%. The company also saw strong operating cash flows of ₹241 crore for the quarter.