Results - Announcements
Pine Labs Ltd share price ticked higher by 0.92% to Rs 164.3 after the company's net profit jumped 97.09% to Rs 38.57 crore, while revenue from operations improved marginally 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, advancing by 13.64%. It has improved by 3.17% over last one week and crept higher by 5.64% in last one month while the market capitalization of Pine Labs Ltd has inched up 6.31% and 18.29% in the same period respectively.
Profit before tax (PBT) of Pine Labs Ltd stood at Rs 61.37 crore in Q3 FY26, surging by 449.91% year-on-year, and rallying 62.66% quarter-on-quarter. EBITDA came in at Rs 100 crore, expanding by 91.79% YoY and jumping 52.26% sequentially.
Total expenses posted a minor rise of 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 improved 19.19% to Rs 2710.59 crore, while net profit plunged by 177.33% to Rs 112.51 crore, compared to previous TTM. EBITDA surged by 14263% to Rs 221.92 crore, and PBT tanked by 200.65% to Rs 137.28 crore compared to previous TTM.
Pine Labs Ltd crashed 34.62% in last one year, underperforming the benchmark BSE Sensex which has declined by 12.76% during the same period.