SynopsisRevenue from operations rose 20% to Rs 736.9 crore from Rs 615.9 crore. The growth was led by its issuing and acquiring platform, which expanded 31%, while its digital infrastructure and transaction-processing business grew 15%. Merchant payments firm Pine Labs’ first-quarter consolidated net profit rose fourfold, as a sharp decline in employee stock-option charges helped keep expense growth below revenue expansion.The company reported a net profit of Rs 19.6 crore for the quarter ended June 30 compared with Rs 4.8 crore a year earlier. Its Esop costs fell to Rs 26 crore from Rs 66 crore a year earlier, its filings showed.Revenue from operations rose 20% to Rs 736.9Now Playing