📰 ET Stocks 🟢 BULLISH 🕒 29 Oct 2026, 02:21 PM IST

Pine Labs shares jump 7% as Q2 net profit soars 543% YoY to Rs 39 crore

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Core Development: Pine Labs shares jump 7% as Q2 net profit soars 543% YoY to Rs 39 crore

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Market & Financial Impact: Pine Labs shares rose sharply on Thursday after the fintech company reported a 543% year-on-year jump in Q2 FY27 net profit to Rs 38.6 crore. Revenue rose 24% to Rs 806.2 crore, while EBITDA increased 67.3%. Growth in payments, UPI transactions and international markets supported performance as the company expands into AI-led commerce.

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Actionable Insight: 🟢 Bullish Trigger: Positive business expansion or earnings beat may attract institutional and retail buying.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

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Pine Labs shares jump 7% as Q2 net profit soars 543% YoY to Rs 39 crore

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