Pine Labs India Files RHP, Reports Profitability in H1 FY26 Ahead of IPO

Pine Labs’ RHP reveals a profitable H1 FY26 with ₹650 crore revenue, up 18% to ₹616 crore from transaction processing (70%). PAT reached ₹4.8 crore, reversing a ₹28 crore loss aided by ₹14 crore deferred tax. The firm plans a ₹2,080 crore IPO, including investor OFS participation from Peak XV Partners, Temasek, and Mastercard.