Pine Labs reported a significant increase in its net profit and revenue for the second quarter of fiscal year 2027 (Q2 FY27). The company’s net profit rose to ₹39 crore year-on-year (YoY), supported by a 24% increase in revenue to ₹806 crore. This marks the highest revenue growth in five quarters, highlighting Pine Labs’ expanding business both domestically and internationally.
- Net profit increased by 68% to ₹39 crore in Q2 FY27.
- Revenue from operations rose 24% to ₹806 crore compared to Q2 FY26.
- Operating profit (EBITDA) grew 68% to ₹126 crore.
- International business, especially Southeast Asia, saw revenue growth of around 40% YoY.
- Products launched in the last two years contributed 14% of quarterly revenue.
- Company processes approximately 25 million transactions daily, up 22% YoY.
How did Pine Labs perform financially in Q2 FY27?
Pine Labs showed strong financial performance in Q2 FY27. The company’s revenue from operations increased by 24% to ₹806 crore, up from ₹650 crore in the same quarter last year. Operating profit, measured as earnings before interest, taxes, depreciation, and amortisation (EBITDA), rose by 68% to ₹126 crore. This improvement also led to an increase in the EBITDA margin to 15.63%, up from 11.54% in Q2 FY26.
What contributed to Pine Labs’ revenue growth?
The revenue growth was driven by multiple factors. Pine Labs expanded its merchant acquisition and monetized its existing customer base more deeply. Additionally, new products launched within the past two years contributed 14% of the quarter’s revenue. The company’s international markets, particularly in Southeast Asia, accounted for 15% of total revenue, with Southeast Asia revenue rising approximately 40% YoY.
How is Pine Labs expanding internationally?
Pine Labs’ international business continues to grow rapidly. In Southeast Asia, the company’s revenue increased by around 40% year-on-year. The number of international digital commerce points (DCPs) in Southeast Asia nearly tripled to about 100,000. In the United Arab Emirates (UAE), daily transactions surpassed 100,000. These expansions reflect Pine Labs’ focus on broadening its global footprint.
What are the company’s future growth prospects?
According to CEO Amrish Rau, Pine Labs aims to maintain a balance between investing in new products, ideas, and regions while remaining EBITDA positive. The company is confident about sustaining its growth pace in the second half of FY27, supported by diverse growth engines including merchant acquisition, new product launches, and international expansion.
What is the impact on Pine Labs’ stock performance?
Following the earnings announcement, Pine Labs’ shares rose by 7.5% to an intraday high of ₹174.8 on the National Stock Exchange (NSE). By mid-afternoon, the stock was trading at ₹167.95 per share, up 3.29%. As of October 29, 2026, Pine Labs had a market capitalization of ₹19,370.91 crore.
Frequently Asked Questions
Q: What was Pine Labs’ net profit in Q2 FY27?
A: Pine Labs’ net profit for Q2 FY27 was ₹39 crore, a 68% increase compared to the same quarter last year.
Q: How much did Pine Labs’ revenue grow in Q2 FY27?
A: The company’s revenue from operations grew by 24% to ₹806 crore in Q2 FY27.
Q: Which international market showed significant growth for Pine Labs?
A: Southeast Asia showed strong growth, with revenue rising around 40% year-on-year.
Q: How many transactions does Pine Labs process daily?
A: Pine Labs processes approximately 25 million transactions daily, which is a 22% increase year-on-year.
