Internet Software & Services company Pine Labs announced Q3FY26 results Revenue from Operations grew 24% YoY to Rs 744 crore, underpinned by continued growth in our Issuing, Affordability and Online payments businesses. Contribution Margin grew 19% YoY to Rs 551 crore. As guided, for every Rs 100 incremental contribution margin, our adjusted EBITDA has increased more than Rs 50 for Q3FY26, underscoring the strong operating leverage in our businesses. Adjusted EBITDA grew 59% YoY to Rs 171 crore, with margin expanding from 18% to 23% YoY, supported by an increased mix of margin accretive businesses and overall prudent cost management. Profit After Tax expanded by Rs 99 crore YoY, moving from a loss of Rs 57 crore in Q3FY25 to a profit of Rs 42 crore in Q3FY26, reflecting a significant flow-through from adjusted EBITDA complemented with lower amortization & depreciation and stable ESOP expenses. Q3FY26 reported operating cash flow of Rs 124 crore (excluding early settlement) and Rs 152 crore, including early settlement. Result PDF