Pine Labs Q1 profit quadruples as revenue rises 20% to Rs 737 crore
Pine Labs reported Q1 FY27 PAT of Rs 20 crore, up fourfold year-on-year, as revenue grew 20%. Its digital checkout network reached 21.7 lakh points, with UPI accounting for more than 70% of transactions.
Pine Labs reported Q1 FY27 PAT of Rs 20 crore, four times higher year-on-year, as revenue rose 20% to Rs 737 crore. Its checkout-point base reached 21.7 lakh, with UPI accounting for over 70% of transactions, alongside new merchant and payments-product launches.
Why this matters
The results extend Pine Labs' recent Q1 pattern: prior signals cited 20% operating-revenue growth, fourfold profit growth and EBITDA margin expansion to 12.9%.
Retail-company signals are accelerating, up 394067% quarter-on-quarter.
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