Fintech major Pine Labs reported its second consecutive profitable quarter, reporting a consolidated net profit of INR 42.4 Cr in the December quarter of 2025 (Q3 FY26) as against a net loss of INR 56.7 Cr in the year-ago quarter. On a sequential basis, profit surged over 7X from INR 6 Cr.
Operating revenue recorded a 24% YoY and 15% QoQ growth to INR 744.3 Cr. Including other income of INR 35.5 Cr, total income for the quarter stood at INR 779.7 Cr.
Meanwhile, total expenses increased 13% YoY to INR 704.9 Cr. The company also recognised a one-time employee benefit provision of INR 12.2 Cr during the quarter under review due to the implementation of the new Labour Codes.
(The story will be updated soon)
The post Pine Labs Q3: Records Second Straight Profitable Quarter, Posts INR 42 Cr Profit appeared first on Inc42 Media.
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