PINELABS Pine Labs Q3 FY26 results (Oct–Dec 2025) and concall
Pine Labs delivered a record-breaking Q3 FY26, characterized by strong top-line growth and a significant kick-in of operating leverage. The company is successfully transitioning to a multi-product, multi-segment fintech platform with a growing international footprint. Management highlighted the scalability of their model, where incremental contribution margins are flowing through to EBITDA at a high rate of 50-60%.
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
What they filed
Q3 FY26: revenue down 9.0%, net profit up 200.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 |
|---|---|---|---|---|---|---|
| Revenue | 377 | 602 | 416 | 427 | 435 +15% | 548 −9% |
| EBITDA | 15 | 77 | 51 | 38 | 41 +173% | 104 +35% |
| Net profit | -15 | -57 | 38 | 28 | -2 +87% | 57 +200% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
