Pine Labs reported significant growth in its financial performance, with operating revenue increasing to ₹2,274 crore in FY25, up 28% from ₹1,769 crore in FY24. The company also achieved a revenue increase of 18% year-over-year in Q1 FY26, reaching ₹615.9 crore compared to ₹522.4 crore in Q1 FY25. Additionally, Pine Labs turned profitable in Q1 FY26, posting a net profit of ₹4.8 crore, a turnaround from a net loss of ₹27.9 crore in the same quarter of the previous year. The company expanded its customer base to over 915,000 merchant partners, reflecting its strong position in the digital commerce sector. Furthermore, Pine Labs successfully completed an IPO, raising approximately ₹3,900 crore, which included a fresh issue of ₹2,080 crore and an offer for sale of ₹1,819.9 crore, indicating robust investor interest and confidence in its growth trajectory.