Pine Labs profit jumps fourfold; margins narrow on AI, growth investments | Bengaluru News
Bengaluru: Payments firm Pine Labs reported an over fourfold jump in net profit to Rs 19.6 crore in the June quarter, aided by higher payment volumes and strong growth in its issuing and merchant businesses. Net profit stood at Rs 4.8 crore in the corresponding period last year.Total income rose 17% year-on-year to Rs 765.9…
