Pine Labs Q1 profit jumps 4x as EBITDA margin expands to 12.9%
Pine Labs reported June-quarter revenue of Rs 737 crore, up 19.6% year on year, while net profit rose to Rs 19.6 crore from Rs 4.8 crore. EBITDA more than doubled to Rs 95.1 crore, lifting margin from 7.2% to 12.9%.
Pine Labs reported strong June-quarter earnings, with profit rising more than fourfold as revenue grew 19.6%. EBITDA more than doubled and margin expanded to 12.9%, reflecting improved efficiency and momentum in its India payments and merchant-commerce business.
Why this matters
The results follow Pine Labs' ₹24.99 crore infusion into subsidiary SFNPL for D2C and checkout expansion, alongside prior Q1 signals reporting roughly 20% revenue growth and a fourfold profit increase.
Retail-company signals are accelerating, up 393800% QoQ.