Pine Labs Achieves Rs 42 Crore Profit in Q3 FY26; Revenue Soars by 24%
Pine Labs reported Q3 FY26 revenue up 24% to Rs 744 crore, achieving net profit of Rs 42 crore.
Pine Labs reported Q3 FY26 revenue up 24% to Rs 744 crore, achieving net profit of Rs 42 crore.
Pine Labs plans to consolidate ownership in Agya Technologies, increasing its stake to 100% through Setu.
The Reserve Bank of India has increased regulatory approvals for fintech companies, issuing multiple licences.
Pine Labs reported an 18% revenue increase in Q2 FY26, with a net profit of Rs 6 crore, showing growth.
Pine Labs debuted at a 9.5% premium, with shares opening at Rs 242 against an IPO price of Rs 221.
Pine Labs has raised Rs 1,754 crore from anchor investors ahead of its IPO, opening for subscription today.
Pine Labs has filed its RHP for a Rs 3,900 crore IPO, granting significant ESOPs to CEO Amrish Rau.
Pine Labs sets IPO price at Rs 210-221, valuing at Rs 23,573 crore, with mixed returns for investors.
Pine Labs has filed its Red Hearing Prospectus, reporting profitability in FY26's first half.
Pine Labs has filed its Red Herring Prospectus with SEBI for its proposed IPO and fresh equity shares.