Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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Pine Labs Turns Profitable In Q1 FY26 On Tax Credit Ahead Of IPO
Income TaxStart-Up & DPIITStock Market
Fintech platform Pine Labs turned profitable in Q1 FY26 with a net profit of ₹4.8 crore compared to a loss of ₹27.9 crore last year, aided by tax credits worth ₹9.6 crore. Its operating revenue increased by 18% to ₹616 crore, reflecting strong performance in merchant payments and lending solutions. Expenses were contained through cost optimization and increased transaction volume. The article discusses how Indian fintechs are balancing rapid expansion with profitability to attract investors in upcoming public listings.
