Pine Labs swings to Rs 59 Cr Q4 profit as international revenue crosses 15% share

Pine Labs posted Rs 700.5 Cr Q4 FY26 revenue, up 17% YoY, with net profit of Rs 59.4 Cr. FY26 GTV hit $194B (+50% YoY), UPI volumes rose 68% to 20M daily transactions, and international revenue reached Rs 400 Cr — now 15% of the mix.

— Source publishedTue, 26 May, 2026, 07:30 IST·First seen Tue, 26 May, 2026, 07:41 IST·Source YourStory · Capital

What happened

Pine Labs swung to Rs 59 Cr Q4 FY26 net profit on 17% revenue growth to Rs 701 Cr, with $194B GTV and international revenue crossing 15% share. Newsletter also

Key facts

  • Rs 59.36 Cr Q4 net profit
  • Rs 700.51 Cr Q4 revenue (+17% YoY)
  • $194B FY26 GTV (+50% YoY)
  • UPI volumes +68%
  • 20M daily transactions
  • Rs 400 Cr international revenue (15% share)

Why this matters

Pine Labs crossing 15% international revenue share validates cross-border payments as a credible expansion vector — scan for acquisition targets or partnership opportunities in SE Asia and MENA corridors before valuations reset upward.