Pine Labs Limited

Amrish RauChief Executive Officer

Thank you. Good morning and thank you everyone for joining us early at the start of the day. As you know, we released our Q1 results yesterday. I hope you all have had the time to look through that Q1 results. What I want to do is before we take the Q&A and go into the financials, many questions around the financials. I just wanted to give a very quick overview of where the business is and what is happening in the marketplace, however, we are thinking about it, what are we building towards and what are we most excited about. Just to reiterate, obviously, I would first want to reiterate the vision of the Company. We have been pretty much consistent with our vision where we think that we have an opportunity to build a worldclass fintech coming out of India, coming out of the Asian markets, and we are building our products in that direction. These are the quick financials. We will come back to it.

we are getting to see and why we think that it is time for us to invest early into that part of the business. On the PAT basis, we came in close to about Rs.20 Crores. But if you actually look at the PBT number, the PBT number was quite interesting. and Sameer will go through that a little bit more in detail. As far as operating cash flow is concerned, we came in at about 16%. We have guided to trying to keep this under the 15% range on a full year basis. There will be variance between various quarters.