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Pine Labs Returns to Profit in Q2 FY26 Amid Fintech Recovery
Pine Labs posted ₹6 crore profit in Q2 FY26, reversing last year’s loss, driven by an 18% YoY revenue growth.
Pine Labs reported a Q2 FY26 net profit of ₹6 crore, a significant turnaround from a ₹32 crore loss last year. Revenue rose by 18% year on year, driven by growing demand for payment solutions. The company’s sequential profit after tax grew by 25%, signaling a strong recovery in the fintech sector. Shares are seeing increased focus as the company capitalizes on the fintech revival in India.