Debasis Mohapatra
Bengaluru, 4 November 2025
Pine Labs, a leading point of sale (POS) & payment system provider, turned profitable in the first quarter of FY26 as the company plans to hold its IPO (Initial Public Offering) shortly.
Here is a snapshot of its financials:
Financials- Q1FY26 & FY25:
| Particulars | Q1 FY26 | YoY Rise/Fall |
| Operating Revenue | Rs 616 crore | 18% ↑ |
| Total Expense | Rs 658 crore | 17.5% ↑ |
| Net profit | Rs 4.8 crore | (Rs 28 crore) -Loss |
| Income from transaction processing and settlement (70% of operating revenue) | Rs 432 crore | NA |
| Particulars | FY25 | YoY Rise/Fall |
| Operating Revenue | Rs 2,274 crore | 28.5% ↑ |
| Adjusted EBITDA (before Esop costs) | Rs 356 crore | 125% ↑ |
| Net profit/loss | (Rs 145 crore)- loss | (Rs 341 crore) -Loss |
