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.
What happened
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
Key facts
- PAT ₹113 cr FY26
- loss ₹145 cr FY25
- Q4 PAT ₹59 cr
- operating cash flow ₹395 cr
- revenue ₹2,711 cr (+19%)
- adj EBITDA ₹559 cr (+57%)
- EBITDA margin 21%
- GTV $194 bn (+50%)
- UPI volumes +68%
- 20 mn daily txns
- 2 mn terminals
- 450 brands
- 177 FIs
- overseas revenue ₹400 cr (15%)
- 22 countries
- 89% code by AI
Why this matters
With ₹400 cr+ overseas revenue across 22 countries and proven profitability, Pine Labs becomes a credible cross-border payments consolidator or premium acquisition target in Asia's merchant infra stack.