Results - Announcements
Pine Labs Ltd share price advanced by 5.89% to Rs 162.8 after the company's net profit jumped 97.09% to Rs 38.57 crore, while revenue from operations slightly gained 9.40% to Rs 806.19 crore in Q3FY26 over Q2FY26.
The market capitalization of Financial Technology (Fintech) industry group stocks on BSE stood at Rs 1.97 lakh crore, rising by 13.02%. It has softened by 2.72% over last one week and crept higher by 2.36% in last one month while the market capitalization of Pine Labs Ltd has inched up 0.80% and 17.21% in the same period respectively.
Profit before tax (PBT) of Pine Labs Ltd stood at Rs 61.37 crore in Q3 FY26, jumping 449.91% year-on-year, and surging by 62.66% quarter-on-quarter. EBITDA came in at Rs 100 crore, rallying 91.79% YoY and expanding by 52.26% sequentially.
Total expenses grew marginally by 5.71% to Rs 756.16 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 267.68 crore, inching up 0.06% YoY.
For the TTM ended FY26, revenue from operations rose 19.19% to Rs 2710.59 crore, while net profit witnessed a sharp fall of 177.33% to Rs 112.51 crore, compared to previous TTM. EBITDA jumped by 14263% to Rs 221.92 crore, and PBT plunged by 200.65% to Rs 137.28 crore compared to previous TTM.
Pine Labs Ltd nosedived by 35.22% in last one year, underperforming the benchmark BSE Sensex which has declined by 13.45% during the same period.