PINELABS2026-07-012026-09-30PINELABS2026-09-30PINELABS2026-03-31PINELABS2026-04-012026-09-30PINELABS2026-07-012026-09-30in-capmkt:OtherExpenses1MemberPINELABS2026-07-012026-09-30in-capmkt:OtherExpenses2MemberPINELABS2026-07-012026-09-30in-capmkt:OtherExpenses3MemberPINELABS2026-07-012026-09-30in-capmkt:OtherExpenses4MemberPINELABS2026-04-012026-09-30in-capmkt:OtherExpenses1MemberPINELABS2026-04-012026-09-30in-capmkt:OtherExpenses2MemberPINELABS2026-04-012026-09-30in-capmkt:OtherExpenses3MemberPINELABS2026-04-012026-09-30in-capmkt:OtherExpenses4MemberPINELABS2026-09-30OtherNoncurrentFinancialAssetsDomain1PINELABS2026-09-30OtherNoncurrentAssetsDomain1PINELABS2026-09-30OtherNoncurrentAssetsDomain2PINELABS2026-09-30OtherNoncurrentAssetsDomain3PINELABS2026-09-30OtherCurrentFinancialAssetsDomain1PINELABS2026-09-30OtherCurrentAssetsDomain1PINELABS2026-09-30OtherNoncurrentFinancialLiabilitiesDomain1PINELABS2026-09-30OtherNoncurrentFinancialLiabilitiesDomain2PINELABS2026-09-30OtherNoncurrentLiabilitiesDomain1PINELABS2026-09-30OtherCurrentFinancialLiabilitiesDomain1PINELABS2026-09-30OtherCurrentFinancialLiabilitiesDomain2PINELABS2026-09-30OtherCurrentFinancialLiabilitiesDomain3PINELABS2026-09-30OtherCurrentLiabilitiesDomain1PINELABS2026-09-30OtherCurrentLiabilitiesDomain2PINELABS2026-07-012026-09-30in-capmkt:ReportableSegments1MemberPINELABS2026-07-012026-09-30in-capmkt:ReportableSegments2MemberPINELABS2026-04-012026-09-30in-capmkt:ReportableSegments1MemberPINELABS2026-04-012026-09-30in-capmkt:ReportableSegments2MemberPINELABS2026-07-012026-09-30in-capmkt:ReportableSegments1MemberPINELABS2026-07-012026-09-30in-capmkt:ReportableSegments2MemberPINELABS2026-04-012026-09-30in-capmkt:ReportableSegments1MemberPINELABS2026-04-012026-09-30in-capmkt:ReportableSegments2MemberPINELABS2026-07-012026-09-30in-capmkt:ReportableSegments1MemberPINELABS2026-09-30in-capmkt:ReportableSegments1MemberPINELABS2026-07-012026-09-30in-capmkt:ReportableSegments2MemberPINELABS2026-09-30in-capmkt:ReportableSegments2MemberPINELABS2026-07-012026-09-30in-capmkt:ReportableSegments1MemberPINELABS2026-09-30in-capmkt:ReportableSegments1MemberPINELABS2026-07-012026-09-30in-capmkt:ReportableSegments2MemberPINELABS2026-09-30in-capmkt:ReportableSegments2MemberPINELABS2026-07-012026-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss1PINELABS2026-07-012026-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss2PINELABS2026-04-012026-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss1PINELABS2026-04-012026-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss2PINELABS2026-07-012026-09-30ItemsThatWillBeReclassifiedToProfitAndLoss1PINELABS2026-04-012026-09-30ItemsThatWillBeReclassifiedToProfitAndLoss1PINELABS2026-07-012026-09-30AuditorDomain1iso4217:INRiso4217:INRxbrli:shares544606PINELABSNOTLISTEDINE15B701018PINE LABS LIMITEDMain BoardEquity2026-04-012027-03-312026-10-292026-10-19INRCroresQuarterlySecond quarterMulti segment2026-10-2911:15:002026-10-2912:47:00trueCash Flow IndirectDeclaration of unmodified opinion2026-07-012026-09-30UnauditedConsolidated8061900000255500000831740000001335400000-1769000002676800000142100000759200000296710000077037000006137000000613700000238800000-108000002280000000385700000000038570000062600000448300000115470000010.330.33000.330.33EPS is not annualised for the quarter and half year ended 30 September 2026, quarter ended 30 June 2026 and quarter and half year ended 30 September 2025. <br /> This excludes equity share capital pending issuance,instruments entirely equity in nature and instruments entirely equity in nature pending issuance for the quarter and half year ended 30 September 2025. <br /> 1.The above standalone financial results of Pine Labs Limited (formerly known as Pine Labs Private Limited) ("the Company") and consolidated financial results of the Company and its subsidiaries (together referred to as "the Group") have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards ('Ind AS') prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015, as amended ("Listing <br /> Regulations"). <br /> 2. The standalone and consolidated financial results were reviewed and recommended by the Audit Committee and approved by the Board of Directors at their meeting held on 29 October 2026. <br /> 3. As per IND AS 108- Operating Segments, the Group has two reportable segments namely Digital infrastructure and transaction platform and Issuing and acquiring platform. The Group has disclosed the segment information only as part of the consolidated financial results. <br /> 4. Exceptional items includes: <br /> The Group and the Company recognised a one-time increase in employee benefit obligations on account of the New Labour Codes, amounting to INR 12.22 crores and INR 10.82 crores, respectively, in the results for the quarter and nine months ended 31 December 2025, as exceptional items. Subsequently during the quarter ended 31 March 2026, the Group and the <br /> Company revised its wage structure and accordingly revised its estimate and reversed the provision of 8.93 crores and 8.52 crores respectively in the quarter ended 31 March 2026. The Group continues to monitor the finalisation of Central / State Rules and clarifications from the Government on other aspects of the Labour Code. <br /> 5. Details of Employee Stock Option for the six months period ended 30 September 2026 are as follows: <br /> Pine Labs Employee Stock Option Plan 2025 :– 4,199,776 options granted, 2,663,337 options forfeited/expired and 6,472,435 options exercised during the six months period ended 30 September 2026. <br /> 6. During the six-month period ended 30 September 2026, the Group has acquired 100% equity stake in Shopflo Technologies Private Limited ("Shopflo") on a fully diluted basis from the selling shareholders, for a cash consideration of INR 88.00 crores (including deferred consideration). Shopflo is engaged in the business of development, deployment, operation and commercialization of a direct-to-consumer Checkout Platform and offers engine and e-commerce enablement services and/or solutions. The Group has consolidated the financial results of the Shopflo w.e.f. 26 May 2026 ("acquisition date") in these consolidated financial results. The Group has also recognised goodwill of INR 59.83 crores basis purchase price allocation in these consolidated financial results. <br /> 7. The standalone and consolidated financial results for the quarter and half year ended 30 September 2026 are also being made available on the Stock Exchange websites www.bseindia.com and www.nseindia.com and on the Company's website: www.pinelabs.com <br /> 2026-04-012026-09-30UnauditedConsolidated154311000005450000001597610000002452100000-220200000535200000027020000014922000005638800000149851000009910000000991000000428700000-1910000040960000005814000000000581400000100700000682100000115470000010.510.5000.510.5Transaction and related costs1033100000Impairment of non-current assets24100000Impairment losses on financial assets and contract assets100900000Other expenses1809000000Transaction and related costs2002700000Impairment of non-current assets35400000Impairment losses on financial assets and contract assets204500000Other expenses3396200000340420000064230000001237570000022490000001987400000003219000002153000000714700000125190000016107000002969400000264906000005545000000118780000001348650000071913900000153000001340620000011069990000030829000001143373000000014082790000011547000005903990000060194600000060194600000000013421000001342100000567300000122100000205000001222000002174200000183280000079210000042191000005011200000700198000007686380000012878000002125000003190000063100000784591000000080633300000140827900000Other financial assets714700000Right-of-use assets1392200000Non- current tax assets (net)1123300000Other non-current assets453900000Other financial assets13406200000Other current assets3082900000Lease liabilities1340500000Other financial liabilities1600000Contract liabilities122200000Lease liabilities353700000Liabilities towards prepaid cards58205100000Other financial liabilities11461000000Contract liabilities810300000Other current liabilities477500000Digital infrastructure and transaction platform5315500000Issuing and acquiring platform2746400000Digital infrastructure and transaction platform10306700000Issuing and acquiring platform512440000080619000001543110000000806190000015431100000Digital infrastructure and transaction platform4362100000Issuing and acquiring platform1508200000Digital infrastructure and transaction platform8442300000Issuing and acquiring platform275420000058703000001119650000014210000027020000051145000009935300000613700000991000000Digital infrastructure and transaction platform0Issuing and acquiring platform0000Digital infrastructure and transaction platform0Issuing and acquiring platform0000As per IND AS 108- Operating Segments, the Group has two reportable segments namely Digital infrastructure and transaction platform and Issuing and acquiring platform. The Group has disclosed the segment information only as part of the consolidated financial results.27020000091400000-15351000000-86720000000-875200000-495150000011831000000-40200000014922000002046000001500000058050000000440000004417000004889000000000-9950000007309000001721900000000-19150000001913400000065350000000000017500000239870000000000000003000000000000025000000001770500000-1011200000004090000000000281000000267400000122000000026800000000-335500000566700000-6000005661000001273910000013305200000Remeasurement of defined benefit liability35400000Fair value changes on equity investments through OCI035400000Remeasurement of defined benefit liability29900000Fair value changes on equity investments through OCI4320000073100000890000013300000Foreign exchange differences on translations of foreign operations3610000036100000Foreign exchange differences on translations of foreign operations40900000409000000062600000100700000UnauditedtrueB S R & Co. LLPtrue2028-07-31