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Business

Pine Labs profit jumps four-fold on digital payments boom

Published Tuesday, July 28, 2026 · Updated July 28

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Narrative Spectrum

Convergent Narrative · 0
  • Single-Source Coverage — 1 source

What We Know — Key Points

  • Pine Labs' consolidated profit rose to 195.7 million rupees ($2.04 million) in the April-June quarter.

What Is Claimed — Perspectives

Single-Source Coverage
  • Channel News Asia

    Indian fintech firm Pine Labs reported a more than four-fold increase in first-quarter profit, driven by the rising adoption of digital payments and infrastructure in India. Revenue from operations also rose by 19.6 per cent during the quarter.

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