Pine Labs swings to profit in Q4 FY26 with Rs 700 Cr revenue, Rs 59 Cr PAT
Pine Labs posted Q4 FY26 revenue of Rs 700.5 Cr, up 17% YoY, and a net profit of Rs 59.4 Cr versus a Rs 28.9 Cr loss a year ago. FY26 revenue climbed 19% to Rs 2,710.6 Cr with PAT of Rs 112.5 Cr. The merchant payments firm also acquired D2C checkout platform Shopflo for Rs 88 Cr.
What happened
Pine Labs reported Q4 FY26 revenue of Rs 700.5 Cr (+17% YoY) and turned profitable with Rs 59.4 Cr net profit. FY26 revenue rose 19% to Rs 2,710.6 Cr. Recently
Key facts
- Q4 FY26 revenue Rs 700.5 Cr (+17% YoY)
- Q4 net profit Rs 59.4 Cr vs loss Rs 28.9 Cr
- FY26 revenue Rs 2,710.6 Cr (+19%)
- FY26 profit Rs 112.5 Cr
- Market cap Rs 16,842 Cr
- Shopflo acquisition Rs 88 Cr
Why this matters
The Rs 88 Cr Shopflo tuck-in shows Pine Labs is bolting D2C checkout onto its merchant stack—worth scanning adjacent checkout and BNPL targets before valuations reset upward.