Pine Labs says Q2 UPI ticket size averaged ₹1,400
In short
Pine Labs said in an investor presentation that its average UPI ticket size was about ₹1,400 in Q2 FY27.
It also said more than 65% of UPI gross transaction value came from payments above ₹2,000. The full earnings details are not in the available reporting, so the broader impact is still unclear.
What the reporting says
Pine Labs said in an investor presentation that its average UPI ticket size was around ₹1,400 in Q2 FY27, with more than 65% of UPI gross transaction value coming from transactions above ₹2,000. The publisher-supplied summary did not provide the full Q2 results, revenue growth figure, or EBITDA details in the available material. The reported mix suggests higher-value usage, but the exact business impact is not stated.
Why it matters
Pine Labs reported UPI usage data in an investor presentation for Q2 FY27, saying the average ticket size was around ₹1,400 and that over 65% of UPI GTV came from payments above ₹2,000. The available summary does not include the full quarterly revenue or EBITDA figures from the headline. The main takeaway is a shift toward higher-value transactions, but the financial impact on Pine Labs is not fully stated.