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Pine Labs swings to ₹113 cr maiden profit in FY26, GTV hits $194 bn
Pine Labs posted its first full-year profit of ₹113 crore in FY26 versus a ₹145 crore loss, as revenue rose 19% to ₹2,711 crore and adjusted EBITDA jumped 57% to ₹559 crore. GTV crossed $194 billion (+50%), with 2 million terminals across 450 brands and overseas revenue contributing 15%.
The Hindu BusinessLine · 5/25/2026, 3:44:06 PM
Pine Labs swings to ₹113 cr maiden profit in FY26, revenue up 19% to ₹2,711 cr
Merchant payments platform Pine Labs reported its first full-year profit of ₹113 crore in FY26 against a ₹145 crore loss a year ago. Revenue grew 19% to ₹2,711 crore, adjusted EBITDA jumped 57% to ₹559 crore (21% margin), and GTV rose 50% to $194 billion. Overseas revenue crossed ₹400 crore across 22 countries.
The Hindu BusinessLine · 5/25/2026, 2:06:12 PM