Pine Labs turns profitable after going public

Business Dec 03, 2025

Pine Labs just shared its first results since hitting the stock market, and things are looking up—they posted a ₹6 crore profit for July-September 2025, bouncing back from a ₹32 crore loss last year.

Quick look at the numbers

Revenue jumped 18% year-on-year to ₹650 crore, and profits rose 25% from the previous quarter.
With this steady growth, Pine Labs seems to be settling into its new life as a public company pretty smoothly.