Pine Labs Q1 result: Revenue rises 20% to ₹737 crore; profit grows fourfold

•Pine Labs' Q1 revenue rose 20% to ₹737 crore, from ₹615.91 crore a year earlier.

•Net profit grew more than fourfold to ₹19.57 crore, from ₹4.79 crore in the year-ago period.

•The company recorded a profit before tax of ₹37.73 crore, compared to a loss of ₹4.84 crore in the same period.

•Platform GTV reached ₹4.22 trillion across 2.01 billion transactions.