Internet Software & Services company Pine Labs announced Q2FY27 results Standalone Financial Highlights: Revenue from operations: For Q2FY27, standalone revenue from operations was Rs 607.29 crore, representing a QoQ growth of 13.51% compared to Rs 535.00 crore in Q1FY27 and a YoY growth of 39.61% compared to Rs 435.00 crore in Q2FY26. For H1FY27, standalone revenue from operations stood at Rs 1,142.29 crore, registering a YoY expansion of 32.47% over Rs 862.27 crore in H1FY26. Total income: For Q2FY27, standalone total income reached Rs 636.60 crore, a QoQ increase of 9.19% from Rs 583.01 crore in Q1FY27 and a YoY increase of 39.55% against Rs 456.17 crore in Q2FY26. For H1FY27, standalone total income arrived at Rs 1,259.61 crore, expanding by 35.83% YoY over Rs 927.33 crore in H1FY26. Profit before tax (PBT): For Q2FY27, standalone PBT stood at Rs 75.95 crore, up by 29.74% QoQ from Rs 58.54 crore in Q1FY27 and up significantly YoY compared to a loss before tax of Rs 3.00 crore in Q2FY26. For H1FY27, standalone PBT achieved was Rs 134.49 crore, showcasing a YoY expansion of 862.71% from Rs 13.97 crore in H1FY26. Profit after tax (PAT): For Q2FY27, standalone profit for the period was Rs 56.73 crore, up by 29.94% QoQ relative to Rs 43.66 crore in Q1FY27 and shifting from a loss after tax of Rs 2.20 crore in Q2FY26. For H1FY27, standalone profit was Rs 100.39 crore, growing by 286.71% YoY relative to Rs 25.96 crore in H1FY26. Earnings per equity share (EPS): For Q2FY27, standalone basic EPS was Rs 0.49, growing by 28.95% QoQ from Rs 0.38 in Q1FY27 and reversing a negative EPS of Rs 0.02 in Q2FY26. For H1FY27, standalone basic EPS stood at Rs 0.87, representing a YoY surge of 248.00% compared to Rs 0.25 in H1FY26. Consolidated Financial Highlights: Revenue from operations: For Q2FY27, consolidated revenue from operations was Rs 806.19 crore, registering a QoQ expansion of 9.40% relative to Rs 736.92 crore in Q1FY27 and a YoY expansion of 24.05% relative to Rs 649.90 crore in Q2FY26. For H1FY27, consolidated revenue from operations achieved was Rs 1,543.11 crore, marking a YoY growth of 21.91% compared to Rs 1,265.81 crore in H1FY26. Total income: For Q2FY27, consolidated total income stood at Rs 831.74 crore, showing a QoQ growth of 8.60% against Rs 765.87 crore in Q1FY27 and a YoY growth of 23.60% against Rs 672.91 crore in Q2FY26. For H1FY27, consolidated total income reached Rs 1,597.61 crore, rising by 4.69% YoY over Rs 1,525.99 crore in H1FY26. Profit before tax (PBT): For Q2FY27, consolidated PBT arrived at Rs 61.37 crore, indicating a QoQ increase of 62.66% relative to Rs 37.73 crore in Q1FY27 and a YoY surge of 449.91% relative to Rs 11.16 crore in Q2FY26. For H1FY27, consolidated PBT stood at Rs 99.10 crore, increasing by 1,468.04% YoY compared to Rs 6.32 crore in H1FY26. Profit after tax (PAT): For Q2FY27, consolidated profit for the period was Rs 38.57 crore, expanding by 97.09% QoQ from Rs 19.57 crore in Q1FY27 and growing by 546.06% YoY from Rs 5.97 crore in Q2FY26. For H1FY27, consolidated PAT stood at Rs 58.14 crore, growing by 440.33% YoY against Rs 10.76 crore in H1FY26. Earnings per equity share (EPS): For Q2FY27, consolidated basic EPS arrived at Rs 0.33, expanding by 94.12% QoQ against Rs 0.17 in Q1FY27 and by 450.00% YoY against Rs 0.06 in Q2FY26. For H1FY27, consolidated basic EPS was Rs 0.51, showcasing a YoY jump of 410.00% over Rs 0.10 in H1FY26. Business Highlights & Segment Performance: Digital infrastructure and transaction platform (DITP) Segment: For Q2FY27, segment revenue was Rs 531.55 crore (growth of 6.50% QoQ, growth of 20.79% YoY). For H1FY27, revenue stood at Rs 1,030.67 crore (growth of 17.87% YoY). The segment contribution margin for Q2FY27 was Rs 436.21 crore. Issuing and acquiring platform Segment: For Q2FY27, segment revenue reached Rs 274.64 crore (growth of 15.49% QoQ, growth of 30.88% YoY). For H1FY27, revenue arrived at Rs 512.44 crore (growth of 30.93% YoY). The segment contribution margin for Q2FY27 was Rs 150.82 crore. DITP Monetization & Scalability: As mentioned in the press release commentary, "29%+ of DITP GTV is now being monetized linked with volume, vs. 15% a year ago." Merchants & Digital Footprint: The overall Digital Checkout Points base escalated by 17% YoY to 22.3 lakh, while the overall merchant network expanded to 11.6 lakh. In-store operations recorded mid-market expansion with its base growing 49% YoY. Strategic Acquisitions: During the period, the group finalized the purchase of a 100% equity stake in Shopflo Technologies Private Limited for a cash consideration of Rs 88.00 crore, generating goodwill of Rs 59.83 crore. Online & Global Corridors: Online digital payments expanded by 45%+ YoY with Gross Transaction Value surging by 140% YoY. International operations outside India contributed 15% of the total revenue pool for the quarter, driven by a ~40% YoY increase in Southeast Asia revenue. Amrish Rau, CEO, Pine Labs, said: Q2 was an all-round quarter growth across acceptance and issuing, 15% of revenues from global markets, and 14% from products launched only in the last two years." 'Pine Labs has been EBITDA-positive for a long time. The way we look at the business is to find the right balance between investing in new products, new ideas, and new regions while continuing to be strongly EBITDA positive. 20%+ EBITDA margins and 21-23% revenue growth is the fine balance we aim to strike." Result PDF