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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The payments firm had a ‘record’ quarter without making any significant headway in its businesses.
Payments firm Pine Labs reported results on Wednesday for the quarter ended 31 December 2025 (Q3 FY26)—described by chief executive officer and managing director Amrish Rau as “terrific” and “record-breaking”. On the surface, the numbers look impressive. But, as has increasingly become the case, they warrant closer scrutiny.
The company’s performance, when stripped of the rhetoric, does not quite live up to the billing. Despite the tag of a “record-breaking” quarter, the underlying trend remains middling at best. Investors are clearly unimpressed.
Pine Labs’s stock traded in the red after the results, falling to Rs 227.41, before recovering to close …
While the payments company saw its first full year of profitability in FY26, the real progress will depend on whether it can continue to prove that it’s more than a POS company.
The beauty and personal care company has beaten its own margin target and posted standout volume growth. But with the action shifting beyond flagship Mamaearth, the durability of its momentum remains unproven.
As a consistent performer—proved once again by its stellar Q3 FY26 results—the QSR giant runs smack dab into a market fixated on its ‘tough base’.
