India's Pine Labs posts quarterly profit
25/05/2026 13:12
May 25 (Reuters) - Indian fintech firm Pine Labs PINL.NS posted a fourth-quarter profit on Monday, as a continued shift to digital payments drove demand. The Temasek and Peak XV-backed company posted a profit of 593.6 million rupees ($6.23 million) for the quarter ended March 31, compared with a loss of 289.1 million rupees a year earlier. ($1 = 95.2300 Indian rupees) (Reporting by Urvi Dugar in Bengaluru; Editing by Harikrishnan Nair) ((UrviManoj.Dugar@thomsonreuters.com; +91 9558725583;))
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