Pine Labs CMD and Chief Executive Officer B. Amrish Rau is confident that the company will deliver 20-25% growth in FY26, in line with its trajectory over the past five years.

The company, which provides technology that helps merchants accept and process digital payments, has delivered revenue growth of nearly 30% over the last two years and about 21% in the first half of FY26.

Rau told CNBC-TV18 that the first two quarters are typically weak for the payments industry because growth is closely linked to consumption trends. “Generally, Q3 and Q4 are the stronger quarters for us,” he said.

Addressing competition and the rising popularity of QR code-based payments, Rau said Pine Labs processed nearly $50 billion (₹4.1 lakh crore) in transactions, a “growth of about 60% at a volume level.”

See Full Page