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%.
Pine Labs reported maiden full-year profit of ₹113 crore in FY26 versus ₹145 crore loss, with revenue up 19% to ₹2,711 crore, GTV at $194 billion, and overseas revenue contributing 15%.
Why this matters
Caps a turnaround year for Pine Labs after a ₹59 cr Q4 profit and EBITDA nearly doubling, with GTV scaling to $194B on UPI and international expansion.
Retail-company signals steady at 1,127 over the past 90 days.