Try GOLD - Free
‘Our global presence has significantly improved’
Financial Express Lucknow
|November 04, 2025
Noida-based Pine Labs, which announced its initial public offering on Monday, has plans to expand its global footprint.
B Amrish Rau, chairman, MD and CEO, tells Nesil Staney and Christina Titus that the company is adding merchants at a CAGR of 30%. Excerpts:
You have recently turned profitable. What aided it?
I would like to highlight that the company has been profitable for the last five years on an adjusted dividend level, especially in the last three years. In FY24, it was about ₹155 crore, while it was more than ₹355 crore in FY25.
This story is from the November 04, 2025 edition of Financial Express Lucknow.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Lucknow
Financial Express Lucknow
Slowdown in home loans hits personal credit growth
THE SLOWDOWN IN home loans pulled down the overall growth in the personal loan category in November.
1 mins
January 05, 2026
Financial Express Lucknow
Flights grounded in Greece on radio frequency loss
FLIGHTS ACROSS GREECE were grounded on Sunday after a collapse of radio frequencies crippled air traffic communication, stranding thousands of travellers and bringing airport operations to a halt.
1 min
January 05, 2026
Financial Express Lucknow
Romance, mediated by AI
THE RESPONSES CAME quick, but polished.
2 mins
January 05, 2026
Financial Express Lucknow
ONGC Videsh may get to recover $1 billion in dues
• Venezuelan oil supplies may resume to RIL, other refiners
1 min
January 05, 2026
Financial Express Lucknow
OPEC+ keeps output steady
OPEC+ KEPT OIL output unchanged on Sunday after a quick meeting that avoided discussion of the political crises affecting several of the producer group's members.
1 min
January 05, 2026
Financial Express Lucknow
Subsidies 8% of states' revenue spending
STATE GOVERNMENTS CONTINUE to devote a sizeable share of their budgets to subsidies, underscoring their role in welfare delivery while intensifying pressure on public finances.
1 min
January 05, 2026
Financial Express Lucknow
Maduro sits in US custody, loyalists defiant
VENEZUELA'S TOPPLED LEADER Nicolas Maduro was in a New York detention center on Sunday awaiting drug charges after President Donald Trump ordered an audacious raid to capture him, saying the US would take control of the oil-producing nation.
1 mins
January 05, 2026
Financial Express Lucknow
FPIs pull out ₹7,608 cr from equities in Jan
FOREIGN PORTFOLIO INVESTORS (FPIs) have started 2026 on a cautious note, extending their selling streak from last year by withdrawing ₹7,608 crore ($846 million) from Indian equities in the first two trading sessions of January.
1 min
January 05, 2026
Financial Express Lucknow
D2C acquisitions by FMCG companies set to continue
VALUATIONS LIKELY TO STAY DISCIPLINED
2 mins
January 05, 2026
Financial Express Lucknow
Ola’s triple-unicorn ride runs into speed bumps
IN 2024, BHAVISH AGGARWAL presided over a rare feat in Indian startups—running three unicorns in parallel.
2 mins
January 05, 2026
Listen
Translate
Change font size