Pine Labs' wholly-owned subsidiary, BrokenTusk Technologies (Setu), has completed the acquisition of a 100% stake in Agya Technologies for a cash consideration of INR 13.90 crore. Agya Technologies is an RBI-authorized NBFC-Account Aggregator (NBFC-AA), providing a strategic infrastructure for financial data sharing. Setu previously held a 25.40% stake, and this move consolidates Agya as a step-down subsidiary. Although the target entity has reported nil turnover for the last three years, the acquisition is a strategic play to control the data layer in the fintech ecosystem.

Pine Labs has announced a strategic collaboration with OpenAI to integrate advanced AI models into its merchant ecosystem, targeting India's $1.5 trillion fintech market. The partnership aims to transition from traditional transaction processing to 'Agentic Commerce,' where AI agents autonomously manage financial workflows like supplier negotiations and settlement optimization. This move leverages India's massive digital payment volume of over 180 billion annual transactions. By opening this AI-native stack to third-party developers, Pine Labs seeks to solidify its position as a core infrastructure provider for the next generation of autonomous finance.

Pine Labs Limited has announced that shareholders have approved four key resolutions via postal ballot, including amendments to the 2025 ESOP Scheme and the creation of charges on company assets. The ESOP-related resolutions received approximately 87.4% support, while the appointment of a Secretarial Auditor and asset charge creation received near-unanimous approval at 99.99%. These results grant the company the authority to extend stock options to subsidiary employees and leverage its immovable and movable properties for financial purposes. The resolutions are deemed passed as of February 13, 2026.

Pine Labs reported a strong Q3 FY2026 performance with revenue reaching ₹744 Crores, representing a 24% year-on-year growth. The company achieved an adjusted EBITDA of ₹171 Crores and a Profit After Tax (PAT) of ₹42 Crores, maintaining a healthy contribution margin of ₹551 Crores. Management highlighted significant technological milestones, including 21% of code now being written by AI and the launch of the 'Bharat Yatra' national mobility card. The company continues to dominate the Indian market, serving the top five banks and major retailers while expanding its international presence to 20 countries.

Pine Labs has secured a strategic partnership with Pan Asia Bank, one of Sri Lanka's largest listed banks, to deploy its API-first 'Credit+' card management platform. This end-to-end solution will manage the entire credit card lifecycle, including issuance, billing, and settlement, replacing legacy systems. This marks Pine Labs' second major banking client win in Sri Lanka within a few months, demonstrating strong regional momentum. The deal highlights the company's successful pivot into high-margin fintech infrastructure services for financial institutions.

Pine Labs reported a robust Q3 FY26 performance, achieving its highest-ever quarterly revenue of ₹744 Cr, a 24% YoY increase. The company successfully turned profitable with a Profit After Tax (PAT) of ₹42 Cr, compared to a loss of ₹57 Cr in the same period last year. Adjusted EBITDA surged 59% YoY to ₹171 Cr, with margins expanding by 500 bps to 23% due to strong operating leverage and disciplined cost management. The growth was primarily driven by the Issuing, Affordability, and Online payments segments, alongside a rising international revenue mix now at 15%.

Pine Labs has secured a strategic partnership with Pan Asia Bank (PABC), one of Sri Lanka's largest listed entities, to deploy its API-first 'Credit+' card management platform. This expansion coincides with strong Q3 FY26 financial results, where revenue grew 24% YoY to ₹744 Cr and PAT reached ₹42 Cr. This is the company's second major banking client win in Sri Lanka within a few months, demonstrating successful international scaling of its fintech infrastructure. The move highlights a shift towards high-margin, cloud-native software services for financial institutions.

Pine Labs Limited delivered a strong performance in Q3 FY26, reporting a standalone profit after tax of ₹56.63 crore, a significant turnaround from a loss of ₹2.50 crore in the preceding quarter. Revenue from operations increased by 26% sequentially to ₹548.40 crore, up from ₹435.00 crore in Q2 FY26. For the nine-month period ended December 2025, the company turned profitable with a standalone PAT of ₹82.59 crore compared to a loss of ₹15.33 crore in the previous year. This growth is supported by a steady increase in total income, which reached ₹598.82 crore for the quarter.

Pine Labs reported a strong financial performance for Q3 FY26, achieving a standalone net profit of ₹56.63 crore, a significant turnaround from a loss of ₹2.50 crore in the previous quarter. Revenue from operations grew by 26% sequentially to ₹548.40 crore, driven by increased transaction and related activities. On a year-on-year basis, the net profit saw a substantial jump from ₹15.33 crore in Q3 FY25. While standalone operations are robust, the consolidated entity remains slightly impacted by subsidiaries which contributed a net loss of ₹9.23 crore for the quarter.

Pine Labs has entered a strategic partnership with Wio Bank, the Middle East's leading digital financial platform, to deploy its 'Credit+' modular acquiring platform. This collaboration will modernize Wio Bank's infrastructure, enabling faster merchant onboarding and real-time settlement capabilities without legacy tech dependencies. The partnership leverages Pine Labs' API-first, cloud-native architecture to scale acquiring volumes in the high-growth UAE market. This move reinforces Pine Labs' international expansion strategy and validates its fintech stack among major global financial institutions.

Pine Labs' wholly owned subsidiary, Setu (BrokenTusk Technologies), has received approval from the Reserve Bank of India to increase its stake in Agya Technologies to 100%. Agya Technologies is significant as it holds an NBFC-Account Aggregator (NBFC-AA) license, which is a critical piece of infrastructure in India's digital lending and data-sharing ecosystem. The acquisition will be completed in one or more tranches in the near future. This move allows Pine Labs to fully integrate account aggregator capabilities into its fintech stack.

Pine Labs reported a PAT of ₹6 Cr in Q2 FY26, a significant turnaround from a loss of ₹32 Cr in Q2 FY25. Platform GTV grew 92% YoY to $48+ Bn (₹424k Cr), and the number of transactions increased by 44% YoY to 1.9 Bn. Revenue from Operations grew 18% YoY to ₹650 Cr. Adjusted EBITDA grew 62% YoY to ₹122 Cr, with margin expanding to 19%.

Pine Labs reported a strong performance for Q2 FY26 with consolidated revenue reaching ₹650 crore, representing an 18% YoY and 6% QoQ growth. The company achieved its second consecutive quarter of positive Profit After Tax (PAT), a significant milestone for the fintech major. Adjusted EBITDA grew by 62% YoY, highlighting improved operational efficiency. On a standalone basis, the company turned profitable for the half-year ended September 2025 with a PAT of ₹27.86 crore compared to a loss of ₹24.97 crore in the previous year.