Fintech unicorn Pine Labs posted a net profit of ₹60 crore for the fourth quarter of FY26.
The company successfully executed a massive financial turnaround, reversing a ₹29 crore net loss from the same quarter last year.
The transition to profitability was driven by scaling high-margin value-added services like merchant credit and BNPL over basic payment processing.
This positive cash flow heavily validates the company's valuation as it finalizes its reverse flip to India in preparation for a major domestic IPO.
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