Pine Labs Retains Profitability In Q2, Posts INR 6 Cr PAT

While it reported a net loss of INR 32 Cr in the year-ago quarter, the company’s profit rose 25% QoQ from INR 4.8 Cr in Q1 FY26

Operating revenue jumped 18% YoY and 6% QoQ to INR 649.9 Cr during the quarter under review

Total expenses rose 8% YoY to INR 661.7 Cr

Recently listed Pine Labs reported a net profit of INR 6 Cr in Q2 FY26 as against a net loss of INR 32 Cr in the year-ago period. Sequentially, the company’s profit rose 25% from INR 4.8 Cr in Q1 FY26.

Operating revenue jumped 18% YoY and 6% QoQ to INR…