Pine Labs swings to profit, plans stablecoin-backed prepaid card infra for global markets
Pine Labs posted Q4 FY26 net profit of ₹59.4 Cr versus ₹28.9 Cr loss YoY, with revenue up 14.7% to ₹700.5 Cr. The merchant payments firm will launch stablecoin-backed prepaid card infrastructure globally, partner with OpenAI on AI products, and guides 21-23.5% growth for FY27.
Pine Labs posted Q4 FY26 net profit of ₹59.4 Cr vs ₹28.9 Cr loss YoY; revenue up 14.7% to ₹700.5 Cr, eyes stablecoin card infra and OpenAI tie-up.
Inc42 · 5/26/2026, 7:36:22 AM · Ask about this →