Pine Labs Ltd.'s net profit for the second quarter of fiscal 2027 grew over five-fold year-on-year, according to an exchange filing on Thursday. The company posted a bottom-line of Rs 38.6 crore.
In the year-ago period, the company had registered a net profit of Rs 6 crore. Revenue from operations rose 24% to Rs 806 crore, from Rs 650 crore in the corresponding quarter of the last fiscal.
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On the operational front performance remained robust with earnings before interest, taxes, depreciation, and amortisation climbing 68% to Rs 126 crore from Rs 75 crore. Ebitda margin expanded to 15.6% from 11.5%
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Pine Labs (Q2, Consolidated YoY)
- Net profit at Rs 38.6 crore versus Rs 6 crore.
- Revenue up 24% to Rs 806 crore versus Rs 650 crore.
- Ebitda up 68% to Rs 126 crore versus Rs 75 crore.
- Margin at 15.6% versus 11.5%.
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