Pine Labs reports operating revenue of 650 crore rupees and adjusted profit of 122 crore rupees in Q2
Key Facts
Pine Labs reported operating revenue of 650 crore rupees in the second quarter of financial year 2026, up 18% year on year, while adjusted EBITDA rose 62% to 122 crore rupees, according to the company’s results statement. Profit after tax was 6 crore rupees, compared with a loss of 32 crore rupees in the year-earlier period. The results reflect improved financial performance during the quarter, with revenue growth and a return to net profitability. The company said the shift lifted profit after tax by 38 crore rupees year on year. These figures provide a documented comparison with the prior period, while the evidence does not include September-quarter results cited in the initial press summary.
A comparison with the third quarter of financial year 2026 shows operating revenue continuing to grow, reaching 744 crore rupees in that quarter, up 24% year on year. The company also reported profit after tax of 42 crore rupees, after a loss of 57 crore rupees in the year-earlier quarter. Third-quarter results were therefore higher than second-quarter results for both revenue and profit after tax, according to the figures reported for each period. The third-quarter revenue growth of 24% should not be confused with figures attributed to the September quarter in the earlier draft, as the available evidence contains no official disclosure confirming those numbers. This comparison is between published results for two earlier periods, not between market expectations and September-quarter results.
Pine Labs reported its first full financial year of profitability, with net profit after tax of 113 crore rupees in financial year 2026, compared with a loss of 145 crore rupees in the previous financial year. Operating cash flow for the year reached 395 crore rupees, according to the fourth-quarter and full-year results statement. The annual figures put the company’s return to profitability in a broader context than a single quarter, as it moved from an annual loss to net profit. In the second quarter of financial year 2026, the company’s platform processed a total transaction value of 48.2 billion dollars and 1.88 billion transactions, with more than one million merchants on the platform. These indicators show the scale of the platform’s activity in the quarter alongside the reported revenue and profit figures.
Pine Labs shares closed at 162.60 rupees in the October 28, 2026 session, up 5.73% during the session, according to historical price data. That closing price came before the results covered here were announced and does not by itself provide evidence of the stock’s response to those results. An official disclosure for the September quarter was not visible on the company’s open financial results page; the page listed the second quarter of financial year 2027, but the results field and accompanying information remained blank. The announcements page also includes a notice titled “Notice of Board Meeting and Analyst Call.” The revenue or net profit figures attributed to the quarter in the earlier draft therefore cannot be confirmed from the available investor relations page. The results for the second quarter of financial year 2027 and related details still require a visible company disclosure.