Pine Labs surges on reporting over 6-fold jump in Q2 consolidated net profit
Pine Labs is currently trading at Rs. 166.05, up by 3.25 points or 2.00% from its previous closing of Rs. 162.80 on the BSE.
The scrip opened at Rs. 161.80 and has touched a high and low of Rs. 174.60 and Rs. 161.10 respectively. So far 22.73 lakh shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 283.70 on 14-Nov-2025 and a 52 week low of Rs. 134.75 on 27-May-2026.
Last one week high and low of the scrip stood at Rs. 174.60 and Rs. 149.70 respectively. The current market cap of the company is Rs. 18828.18 crore.
The Institutions and Non-Institutions held 42.76% and 57.24% stake, respectively, in the company.
Pine Labs has reported net profit of Rs 56.73 crore for the second quarter ended September 30, 2026 (Q2FY27) as against net loss of Rs 2.20 crore for the same quarter in the previous year. The total income of the company has increased by 43.94% at Rs 656.60 crore for Q2FY27 as compared to Rs 456.17 crore for the corresponding quarter of the previous year.
On consolidated basis, the company has reported over 6-fold jump in its net profit at Rs 38.57 crore for the quarter ended September 30, 2026 as compared to Rs 5.97 crore for the same quarter in the previous year. The total income of the company increased by 23.60% at Rs 831.74 crore for Q2FY27 as compared to Rs 672.91 crore for the corresponding quarter previous year.
