Pine Labs announced robust financial results for the second quarter of Fiscal Year 2027 (Q2 FY27). Revenue surged 24% year-on-year to ₹806 crore, marking a 5-quarter high. Profit After Tax (PAT) saw a significant increase, growing 6 times to ₹39 crore. The company also reported strong operational cash flow of ₹350 crore, underscoring its expanding business and financial strength.
Pine Labs Reports Strong Q2 FY27 Performance
Pine Labs has released its financial results for the second quarter of Fiscal Year 2027, ending September 30, 2026, showcasing substantial growth across key metrics. The company achieved a revenue of ₹806 crore, representing a 24% year-on-year increase, the highest in five quarters. This growth reflects the successful scaling of its platform and product offerings.
Profitability and Cash Flow Surge
Profit After Tax (PAT) witnessed a remarkable 6x growth, reaching ₹39 crore. This significant improvement in profitability is supported by a strong operational performance, with Operating Cash Flow doubling to ₹350 crore. The company’s Contribution Margin also saw a healthy rise of 18% year-on-year, reaching ₹587 crore.
Key Financial Highlights
For Q2 FY27:
- Revenue from Operations: ₹806 Cr (24% YoY)
- Contribution Margin: ₹587 Cr (18% YoY)
- Adjusted EBITDA: ₹155 Cr (27% YoY, 19.2% margin)
- Profit After Tax: ₹39 Cr (6x YoY)
Operational Growth and Expansion
Pine Labs processed approximately 25 million transactions daily across its businesses, a 22% YoY increase. Platform Gross Transaction Value (GTV) reached ~$46.5 billion (₹4.45 lakh crore) across 229 crore transactions. The company continues to invest in new products, regions, and technologies, with 14% of its revenue coming from products launched in the last two years and 15% from international markets. Pine Labs also noted expansion in its digital checkout points, reaching 22.3 lakh.
Future Outlook
The company highlighted its continued focus on reinvesting efficiency gains into new products and expanding its global reach. Pine Labs aims to maintain strong EBITDA margins and sustainable profitable growth by evolving its commerce platform and investing in agentic commerce, information security, and international expansion.
Source: BSE
