Summary of Key Information:
Reporting Period: Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Financial Results
Audit Opinion:
Clean limited review report - No material misstatements identified. The limited review was conducted by B S R & Co. LLP, Statutory Auditor.
Key Financial Highlights [Amounts in INR crores]:
Standalone Results:
Revenue from Operations: ₹535.00 (compared to ₹427.27 in Q1 FY26 - 25.2% YoY increase)
Total Income: ₹583.01
Net Profit: ₹43.66
EPS Basic: ₹0.38
EPS Diluted: ₹0.38
Other Equity: Not specified for quarter end
Consolidated Results:
Revenue from Operations: ₹736.92 (compared to ₹615.91 in Q1 FY26 - 19.6% YoY increase)
Total Income: ₹765.87
Net Profit: ₹19.57 (compared to ₹4.79 in Q1 FY26 - 308.6% YoY increase)
EPS Basic: ₹0.17
EPS Diluted: ₹0.17
Other Equity: ₹578.058 (as of year ended March 31, 2026)
Segment-wise Performance:
The Group has two reportable segments:
1. Digital infrastructure and transaction platform
2. Issuing and acquiring platform
Segment Revenue:
- Digital infrastructure and transaction platform: ₹499.12
- Issuing and acquiring platform: ₹237.80
- Total: ₹736.92
Segment Contribution Margin: ₹532.62 (72.3% margin)
- Digital infrastructure: ₹408.02
- Issuing and acquiring: ₹124.60
Corporate Actions:
- During the quarter ended June 30, 2026, the Company acquired 100% equity stake in Shopflo Technologies Private Limited for a cash consideration of ₹88.00 crores (including deferred consideration)
- Shopflo is engaged in development, deployment, operation and commercialization of a direct-to-consumer Checkout Platform
- Acquisition effective from May 26, 2026
- Employee Stock Options: Pine Labs Employee Stock Option Plan 2025 - 2,610,987 options granted, 1,137,964 options forfeited/expired, and 5,581,713 options exercised during the quarter
Other Significant Information:
- Platform processed approximately ₹4.22 lakh crores (~$45 Bn) in GTV
- Digital Checkout Points base grew 18% YoY to 21.7 lakhs
- 70%+ transactions through UPI
- International revenue grew 21% YoY to ₹114 crores (16% of consolidated revenue)
- Operating across 22 countries
- Added 40+ new online merchants in Q1
- New gaming gift-card solutions with Xbox, Roblox, Nintendo
- Launched P3P (India's first Agentic Payment Protocol) and Credit Line on UPI