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.
Pine Labs posted maiden full-year profit of ₹113 cr in FY26 vs ₹145 cr loss, with revenue up 19% to ₹2,711 cr, GTV up 50% to $194 bn, and overseas revenue crossing ₹400 cr.
Why this matters
Caps a turnaround year for Pine Labs after Q4 FY26 swung to a ₹59 crore profit with EBITDA nearly doubling. The full-year print confirms scale economics are kicking in alongside 50% GTV growth.
Retail-company signals steady at 1,120 over the last 90 days, with Pine Labs among notable profitability swings.