Online payments firm Pine Labs has achieved its first quarterly net profit in the June quarter of FY26. This milestone follows strong operating revenue growth. The company is now preparing for its Initial Public Offering. Pine Labs plans to raise funds through fresh share issuance and an offer for sale. The firm is targeting a significant valuation.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs