Key Financial Figures - Standalone (Q2 FY27)

  • Revenue from operations: ₹607.29 crore (Q2 FY26: ₹435.00 crore)
  • Other income: ₹49.31 crore (Q2 FY26: ₹21.17 crore)
  • Total income: ₹636.60 crore (Q2 FY26: ₹456.17 crore)
  • Total expenses: ₹580.65 crore (Q2 FY26: ₹459.17 crore)
  • Profit before tax: ₹75.95 crore (Q2 FY26: ₹-3.00 crore)
  • Tax expense: ₹19.22 crore (Q2 FY26: ₹-0.80 crore)
  • Profit for the period: ₹56.73 crore (Q2 FY26: ₹-2.20 crore)
  • Basic EPS: ₹0.49 (Q2 FY26: ₹-0.02)

Key Financial Figures - Consolidated (Q2 FY27)

  • Revenue from operations: ₹806.19 crore (Q2 FY26: ₹649.90 crore)
  • Other income: ₹25.55 crore (Q2 FY26: ₹23.01 crore)
  • Total income: ₹831.74 crore (Q2 FY26: ₹672.91 crore)
  • Total expenses: ₹770.37 crore (Q2 FY26: ₹661.68 crore)
  • Profit before tax: ₹61.37 crore (Q2 FY26: ₹11.16 crore)
  • Tax expense: ₹22.80 crore (Q2 FY26: ₹5.19 crore)
  • Profit for the period: ₹38.57 crore (Q2 FY26: ₹5.97 crore)
  • Basic EPS: ₹0.33 (Q2 FY26: ₹0.06)

Half Year Performance (H1 FY27)

Standalone:

  • Total income: ₹1,259.61 crore (H1 FY26: ₹927.33 crore)
  • Profit for the period: ₹100.39 crore (H1 FY26: ₹25.96 crore)

Consolidated:

  • Total income: ₹1,597.61 crore (H1 FY26: ₹1,525.99 crore)
  • Profit for the period: ₹58.14 crore (H1 FY26: ₹10.76 crore)

Operational Highlights

  • The company processes approximately 25 million transactions daily across businesses, up ~22% YoY
  • 29%+ of Digital Infrastructure and Transaction Platform GTV is now being monetized
  • 14% of quarterly revenue came from products launched in the last two years
  • 15% of revenue came from markets outside India
  • Platform GTV reached ~$46.5 billion (₹24.45 lakh crore) across 229 crore transactions
  • Net cash balance of ₹22,345 crore as of September 30, 2026

Business Segment Performance (Consolidated)

  • Digital infrastructure and transaction platform revenue: ₹531.55 crore
  • Issuing and acquiring platform revenue: ₹274.64 crore
  • Segment contribution margin: ₹587.03 crore

Acquisition Activity

During the six-month period ended September 30, 2026, the Group acquired 100% equity stake in Shopflo Technologies Private Limited for a cash consideration of ₹88.00 crores (including deferred consideration). Shopflo is engaged in the business of development, deployment, operation and commercialization of a direct-to-consumer Checkout Platform. The acquisition resulted in recognition of goodwill of ₹59.83 crores.

Employee Stock Options

Under Pine Labs Employee Stock Option Plan 2025:

  • 4,199,776 options granted
  • 2,663,337 options forfeited/expired
  • 6,472,435 options exercised during the six months period

Cash Flow Performance

Consolidated H1 FY27:

  • Net cash from operating activities: ₹191.34 crore (H1 FY26: ₹-129.06 crore)
  • Net cash used in investing activities: ₹-101.12 crore (H1 FY26: ₹-87.60 crore)
  • Net cash used in financing activities: ₹-33.55 crore (H1 FY26: ₹26.14 crore)
  • Net increase in cash: ₹56.67 crore (H1 FY26: ₹-190.52 crore)

Insider Trading Window

The trading window for designated persons and their immediate relatives will open on November 2, 2026, in accordance with the Company's Code of Conduct and SEBI (Prohibition of Insider Trading) Regulations, 2015.

Additional Information

The company operates across two reportable segments: Digital infrastructure and transaction platform, and Issuing and acquiring platform. The consolidated results include 26 subsidiaries, with 19 subsidiaries not reviewed individually as they are not material to the Group.