Prithvi Exchange (India) Limited disclosed the outcome of its board meeting held on August 08, 2026, through a regulatory filing under Regulation 30 of SEBI Listing Regulations. The board approved the unaudited financial results for the first quarter ended June 30, 2026, on both standalone and consolidated bases.

Financial Results - Standalone (₹ in Lakhs)

Income Statement for Q1 FY27 (Quarter ended June 30, 2026):

  • Revenue from operations: ₹1,10,822.54
  • Sale of foreign currencies: ₹1,10,471.85
  • Other Operating Income: ₹350.69
  • Other income: ₹34.98
  • Total Income: ₹1,10,857.52

Expenses:

  • Purchase of foreign currencies: ₹1,10,369.14
  • Cost of services: ₹373.63
  • Change in inventory: (₹698.06)
  • Employees benefit expenses: ₹453.79
  • Finance cost: ₹6.19
  • Depreciation: ₹16.13
  • Amortisation of Lease: ₹9.91
  • Other expenses: ₹231.89
  • Total expenses: ₹1,10,762.62

Profitability:

  • Profit before tax: ₹94.90
  • Tax expense: ₹24.00
  • Profit for quarter: ₹70.90
  • Other comprehensive income: (₹3.13)
  • Total comprehensive income: ₹67.77

Comparative Performance:

  • Q1 FY27 vs Q1 FY26: Profit declined from ₹113.46 lakh to ₹70.90 lakh (-38%)
  • Q1 FY27 vs Q4 FY26: Improved from loss of (₹36.62) lakh to profit of ₹70.90 lakh
  • Revenue grew 29% YoY from ₹85,627.59 lakh to ₹1,10,822.54 lakh

Earnings Per Share (Basic & Diluted):

  • Q1 FY27: ₹0.86
  • Q1 FY26: ₹1.38
  • Q4 FY26: (₹0.44)

Financial Results - Consolidated (₹ in Lakhs)

Income Statement for Q1 FY27:

  • Total revenue from operation: ₹1,10,829.55
  • Other income: ₹35.90
  • Total Income: ₹1,10,865.45
  • Total expenses: ₹1,10,767.97
  • Profit before tax: ₹97.48
  • Tax expense: ₹24.00
  • Profit for quarter: ₹73.48
  • Profit attributable to owners: ₹73.48
  • Other comprehensive income: (₹3.13)
  • Total comprehensive income: ₹70.35
  • Total comprehensive income attributable to owners: ₹70.35

Earnings Per Share (Basic & Diluted): ₹0.89

Regulatory and Governance Details

  • The results were reviewed by the Audit Committee and statutory auditors M/s Chandarana & Sanklecha, Chartered Accountants (FRN: 000557S)
  • The board meeting commenced at 10:30 a.m. and concluded at 01:15 p.m.
  • The company will publish extracts of the financial results in newspapers as per Regulation 47 of SEBI Listing Regulations
  • The financial results are available on the company's website and BSE website

Segment Information

The company operates in one business segment: Foreign Exchange. The associate company (Prithvi Global FX Private Limited) and subsidiary company (Octagon Insurance Broking Private Limited) are below the 10% threshold for separate segment reporting under Ind AS 108.

Capital Structure

Paid-up equity share capital remained unchanged at ₹824.97 lakh (face value ₹10 per share).

Notes

  • Provision for Deferred Tax will be made at year-end
  • Previous periods' figures have been regrouped/reclassified where necessary
  • The company confirmed operating in a single segment of foreign exchange services