Payments solutions provider Pine Labs turned profitable in the March-ended quarter, posting a consolidated net profit of Rs 59 crore versus a net loss of Rs 29 crore in the year ago period. The company's revenue from operations in Q4FY26 was up 17% to Rs 701 crore versus Rs 599 crore posted by the company in the corresponding quarter of the previous financial year.The profit after tax (PAT) surged 40% on a sequential basis compared to Rs 42 crore in Q3FY26 even though the topline slipped nearly 6% from Rs 744 crore posted in the October-December quarter of FY26.The revenue for the full financial year stood at Rs 2,711 crore compared to Rs 2,274, implying 19% uptick while the bottom line stood at Rs 113 crore in FY26 versus a loss of Rs 145 crore in FY25.The company recorded expenses of Rs 682 crore in the quarter under review versus Rs 705 crore in Q3FY26 and Rs 633 crore in Q4FY25. The expenses were made under the heads including transactions & related costs, purchases of stock-in-trade, finance cost and employee benefits, among other things.The company made its stock market debut in November and its share price is currently hovering around Rs 146.20, significantly lower from the issue price band of Rs 210 to Rs 221. On Monday, its shares settled 2.35% higher.Pine Labs recorded its first full year of profitability, engineering a swing of Rs 258 crore in a single year.Operating cash flows reached Rs 395 crore for the full year, growing 8X year-on-year. That same quarter delivered 676 crore in operating cashflow — the highest quarterly figure in the company’s history. Full-year adjusted EBITDA scald Rs 2559 crore, growing 57% YoY, with margins expanding from 16% to 21% in a single year (FY26 vs FY25).Beneath the revenue line, Pine Labs processed $194 billion in Gross Transaction Value in FY26, growing 50% YoY, with UPI volumes accelerating 68% and the platform enabling over 20 million daily transactions.“These numbers tell us we are winning transactions, winning merchants, and winning in new markets,” said Amrish Rau, Chief Executive Officer, Pine Labs. "When GTV grows at 50% while revenue grows at 19%, it reflects the platform depth we have built — and it leaves significant monetisation headroom ahead of us,” accompany statement said.