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‘Our global presence has significantly improved’
Financial Express Chandigarh
|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.
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