Fintech major Pine Labs posted its second consecutive profitable quarter, reporting a consolidated net profit of INR 42.4 Cr in the December quarter of 2025 (Q3 FY26) as against a net loss of INR 56.7 Cr in the year-ago quarter. On a sequential basis, profit surged over 7X from INR 6 Cr. EBITDA zoomed 3.3X to INR 155 Cr during the year under review from INR 46 Cr in the year-ago period. Operating revenue recorded a 24% YoY and 15% QoQ growth to INR 744.3 Cr. Including other income of INR 35.5 Cr, total income for the quarter stood at INR 779.7 Cr. Digital infrastructure and transaction platform vertical, under which Pine Labs operates its flagship PoS devices, reported a 16% YoY increase in revenue to INR 496.3 Cr. Its issuing and acquiring platform business witnessed a stronger 40% YoY revenue uptick to INR 248 Cr. The company attributed the jump in its revenue to growth in its issuing, affordability and online payments businesses. Digital infrastructure and transaction platform vertical, under which Pine Labs operates its flagship PoS devices, reported a 16% YoY increase in revenue to INR 496.3 Cr. Its issuing and acquiring platform business witnessed a stronger 40%… Read MoreInc42 Media
