Internet Software & Services company Pine Labs announced Q1FY27 results Consolidated Financial Highlights: Revenue from Operations: Consolidated revenue for Q1FY27 was Rs 736.92 crore, up by 19.65% YoY from Rs 615.91 crore in Q1FY26. It also grew by 5.20% QoQ from Rs 700.51 crore in Q4FY26. Total Income: Total consolidated income for Q1FY27 stood at Rs 765.87 crore, reflecting a 17.27% YoY increase from Rs 653.08 crore in Q1FY26 and a 3.30% QoQ increase from Rs 741.44 crore in Q4FY26. Profit Before Tax (PBT): The consolidated PBT was Rs 37.73 crore in Q1FY27, compared to a loss of Rs 4.84 crore in Q1FY26. QoQ, PBT declined by 44.85% from Rs 68.41 crore in Q4FY26. Net Profit: Consolidated net profit reached Rs 19.57 crore in Q1FY27, a sharp YoY increase of 308.56% from Rs 4.79 crore in Q1FY26. It registered a sequential decline of 67.03% from Rs 59.36 crore in Q4FY26. Profitability Metrics: Contribution Margin remained strong at 72.3% (Rs 533 crore) for Q1FY27. Adjusted EBITDA stood at Rs 126 crore with a margin of 17.1%. Standalone Financial Highlights: Revenue from Operations: For Q1FY27, revenue was Rs 535.00 crore, an increase of 25.21% YoY compared to Rs 427.27 crore in Q1FY26. On a QoQ basis, revenue grew by 3.80% from Rs 515.42 crore in Q4FY26. Total Income: Total income reached Rs 583.01 crore in Q1FY27, up by 23.74% YoY from Rs 471.16 crore in Q1FY26 and 1.88% QoQ from Rs 572.23 crore in Q4FY26. Profit Before Tax (PBT): The company reported a PBT of Rs 58.54 crore in Q1FY27, showing a significant growth of 244.96% YoY compared to Rs 16.97 crore in Q1FY26. However, it saw a sequential decline of 34.84% from Rs 89.84 crore in Q4FY26. Net Profit: Net profit for Q1FY27 stood at Rs 43.66 crore, an increase of 55.04% YoY from Rs 28.16 crore in Q1FY26. On a QoQ basis, net profit decreased by 35.12% compared to Rs 67.29 crore in Q4FY26. Business Highlights: Segment Performance: Digital Infrastructure and Transaction Platform: This segment generated revenue of Rs 499.12 crore in Q1FY27, a 14.91% YoY growth from Rs 434.37 crore in Q1FY26. Issuing and Acquiring Platform: Revenue for this segment was Rs 237.80 crore in Q1FY27, growing by 30.99% YoY from Rs 181.54 crore in Q1FY26. Operational Metrics: The platform processed Gross Transaction Value (GTV) of approximately Rs 4.22 lakh crore (~USD 45 billion) in Q1FY27. Digital Checkout Points base grew 18% YoY to reach 21.7 lakh. The total number of merchants stood at 11.5 lakh, with 40+ new online merchants added during the quarter across various sectors. International Footprint: International revenue grew 21% YoY to Rs 114 crore in Q1FY27, contributing approximately 16% to the total consolidated revenue across 22 countries. Acquisition: During Q1FY27, the company acquired a 100% equity stake in Shopflo Technologies Private Limited for a cash consideration of Rs 88.00 crore. Employee Stock Options: A total of 5,581,713 options were exercised under the Pine Labs Employee Stock Option Plan 2025 during the quarter. Amrish Rau, CEO, Pine Labs. said: "P3P and Credit Line on UPI aren't products—they're architectural primitives, built where the rest of the world hasn't caught up yet," "India built the public rails; we're building the intelligence and credit layer on top of them. That shifts us from a payments processor into the infrastructure layer that merchants, brands, and financial institutions build on." Result PDF