Pine Labs' Q2 FY 2025-26 Quarterly Results

Result Summary

• Pine Labs Ltd reported a 3.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a - of -.
• Its expenses for the quarter were up by 2.8% QoQ and - - YoY.
• The net profit increased 24.6% QoQ and - - YoY.
• The earnings per share (EPS) of Pine Labs Ltd stood at 0.06 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Pine Labs Ltd is a prominent player in the fintech industry, primarily involved in providing point-of-sale (POS) solutions and related financial technology services. Known for its innovative payment solutions, Pine Labs caters to merchants, banks, and financial institutions, offering products that facilitate seamless electronic transactions. The company has been at the forefront of integrating technology with financial services to enhance customer experience and operational efficiency. As of the latest available information, Pine Labs has been focusing on expanding its market presence and enhancing its product offerings to meet the evolving needs of the digital payments sector. Recent developments include strategic partnerships and acquisitions aimed at broadening its service portfolio and strengthening its competitive position in the market.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), Pine Labs Ltd reported a total income of ₹672.91 crores, reflecting a quarter-over-quarter (QoQ) increase of 3.0% from ₹653.08 crores in Q1FY26. This growth demonstrates an upward trajectory in the company's revenue generation capabilities, although a year-on-year (YoY) comparison is unavailable due to the lack of data for Q2FY25. The increase in total income during this period can be attributed to the company's ongoing efforts to enhance its product offerings and possibly expand its market reach. The financial data suggests a focus on maintaining revenue growth despite the challenges posed by the competitive landscape in the fintech industry.

Profitability

Pine Labs Ltd's profitability metrics for Q2FY26 indicate a significant turnaround from the previous quarter. The company achieved a profit before tax of ₹11.23 crores, a substantial improvement from a loss of ₹4.79 crores reported in Q1FY26. This marks a remarkable QoQ growth of -334.4%, indicating a positive shift in the company's financial performance. After accounting for taxes, the profit after tax stood at ₹5.97 crores, representing a 24.6% QoQ increase from ₹4.79 crores in Q1FY26. The earnings per share (EPS) also improved to ₹0.06 in Q2FY26 from ₹0.05 in Q1FY26, reflecting a 20.0% QoQ growth. These figures highlight an enhanced profitability scenario compared to the previous quarter, although YoY comparisons are not feasible due to missing data for Q2FY25.

Operating Metrics

The operating metrics for Pine Labs Ltd in Q2FY26 reveal a total expenses figure of ₹661.68 crores, marking a QoQ increase of 2.8% from ₹643.89 crores in Q1FY26. Despite the rise in expenses, the company's ability to generate a profit before tax suggests effective cost management and operational efficiencies. The tax paid during the quarter was ₹5.19 crores, a notable change from the negative tax figure of -₹9.64 crores in Q1FY26, resulting in a significant -153.8% QoQ change. Although specific operational efficiency ratios such as the P/E ratio, debt-to-equity ratio, and current ratio are not available from the provided data, the overall financial performance indicates a focus on maintaining operational stability while navigating the challenges of the fintech industry.