India, Jan. 28 -- Fintech major Pine Labs reported its second consecutive profitable quarter, reporting a consolidated net profit of INR 42.4 Cr in the December quarter of 2025 (Q3 FY26) as against a net loss of INR 56.7 Cr in the year-ago quarter. On a sequential basis, profit surged over 7X from INR 6 Cr.

Operating revenue recorded a 24% YoY and 15% QoQ growth to INR 744.3 Cr. Including other income of INR 35.5 Cr, total income for the quarter stood at INR 779.7 Cr.

Meanwhile, total expenses increased 13% YoY to INR 704.9 Cr. The company also recognised a one-time employee benefit provision of INR 12.2 Cr during the quarter under review due to the implementation of the new Labour Codes.

(The story will be updated soon)

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