Pine Labs Q2 Profit Jumps Over 6X

Pine Labs reported a 6X year-on-year profit jump to ₹38.6 Cr in the September quarter, rising from ₹6 Cr. Operating revenue increased 24% YoY to ₹806.2 Cr, while total expenses grew 16% to ₹770.4 Cr. The company posted tax expenses of ₹22.8 Cr for the period.