What were Pine Labs' financial results for Q2 FY26?

Pine Labs posted a Rs 6 crore profit in Q2 FY26, with revenue up 18% and adjusted EBITDA surging 62%.

Did Pine Labs' revenue increase in the September quarter?

Yes, Pine Labs' consolidated revenue from operations grew 18% year-on-year to Rs 649.9 crore in Q2 FY26.

How did Pine Labs' adjusted EBITDA perform in Q2 FY26?

Pine Labs' adjusted EBITDA increased 62% to Rs 122 crore, and margins expanded to 19% in Q2 FY26.

Home / Business and Economy / Pine Labs Swings to Profit with 18% Revenue Jump

Pine Labs Swings to Profit with 18% Revenue Jump

3 Dec, 2025

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Summary

Pine Labs reported Rs 6 crore profit in Q2 FY26, reversing last year's loss.
Revenue increased 18% year-on-year to Rs 649.9 crore in the September quarter.
Adjusted EBITDA surged 62% to Rs 122 crore, with margins expanding to 19%.

Pine Labs Swings to Profit with 18% Revenue Jump

Pine Labs has announced a robust financial performance for the second quarter of the fiscal year 2025-26, reporting a consolidated profit of Rs 5.97 crore. This marks a significant recovery from the Rs 32 crore loss recorded in the corresponding quarter of the previous fiscal year.

The fintech company's operational strength is further evidenced by an 18% year-on-year growth in consolidated revenue from operations, which reached Rs 649.9 crore during the September quarter. This increase reflects strong business momentum and market traction.