Pine Labs swings to ₹59.4 cr Q4 profit as EBITDA nearly doubles, GTV jumps 50%

Pine Labs reversed a year-ago loss to post ₹59.4 cr Q4 FY26 profit on revenue of ₹700.5 cr (+17%). EBITDA rose 88% to ₹106.4 cr, with margins expanding to 15.2% from 9.5%. GTV climbed 50% to $194 bn and UPI volumes jumped 68%, pointing to deeper merchant monetisation as the payments platform scales toward 20 mn daily transactions.

— Filed Mon, 25 May, 2026, 18:33 IST · Source CNBC-TV18 · Companies · Updated

Pine Labs swung to ₹59.4 cr Q4 profit from a year-ago loss, with revenue up 17% to ₹700.5 cr and EBITDA nearly doubling. GTV rose 50% to $194 bn, UPI volumes up 68%, signaling deeper merchant payment monetisation runway.

Why this matters

Reinforces Pine Labs' turnaround narrative after multiple Q4 FY26 disclosures showed a swing to profit on ₹700 cr revenue, with this update adding sharper EBITDA, GTV and UPI growth detail.

Retail-company signals steady at 1,114 over the past 90 days.