Pine Labs posted a strong start to FY27, with its June quarter results showing robust growth in revenue, profitability and operating earnings. Consolidated net profit more than quadrupled year-on-year, while revenue and EBITDA registered healthy double-digit growth. However, despite higher adjusted EBITDA, the company’s adjusted EBITDA margin narrowed, indicating pressure on profitability. Following the earnings announcement, the stock gained in intraday trade, although it remains under pressure on a longer-term basis.
