Indian fintech company Pine Labs reported a 6.5-fold year-on-year increase in net profit to ₹38.6 crore in Q2 FY27, compared with ₹6 crore in the same quarter last year.

Indian fintech company Pine Labs reported a 6.5-fold year-on-year increase in net profit to ₹38.6 crore in Q2 FY27, compared with ₹6 crore in the same quarter last year. Its operating revenue also grew 24% to ₹806.2 crore, reflecting continued growth across its payments and merchant commerce businesses.

The company's online payments business recorded growth of over 45%, while its gross transaction value (GTV) increased 140% year-on-year. With operations across more than 22 international markets and revenue from Southeast Asia growing around 40%, Pine Labs continues to expand its presence in the global digital payments ecosystem.