Pine Labs swings to profit, plans stablecoin-backed prepaid card infra for global markets
Pine Labs posted Q4 FY26 net profit of ₹59.4 Cr versus ₹28.9 Cr loss YoY, with revenue up 14.7% to ₹700.5 Cr. The merchant payments firm will launch stablecoin-backed prepaid card infrastructure globally, partner with OpenAI on AI products, and guides 21-23.5% growth for FY27.
Pine Labs turned profitable in Q4 FY26 with ₹59.4 Cr net profit and plans to launch stablecoin-backed prepaid card infrastructure for global markets, partner with OpenAI on AI products, and roll out an employee benefits programme.
Why this matters
Confirms Pine Labs' swing to maiden profit flagged in earlier signals, while extending the story with stablecoin card rails, an OpenAI tie-up and explicit FY27 growth guidance of 21-23.5%.
Retail-company signals steady at 1,168 over the last 90 days, with Pine Labs a recurring profitability story.
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