Chennai: Prithvi Exchange (India) Limited, one of the vibrant and trusted brands widely recognised in the field of Foreign Exchange, announced Q1 (FY 2025-2026) results on Friday, August 08h2025.
Operational Highlights
- Revenue Growth: ₹852.90 crore, up 18.66% QoQ from ₹718.76 crore in Q4 FY 2024-25.
- Net Profit: ₹1.13 crore, compared to ₹9.49 lakh in the previous quarter.
- Successfully empanelled with State Bank of India to cater to forex requirements across its branches nationwide.
- Strong start to the quarter from outbound holiday travel, but footfalls slowed mid-quarter due to geopolitical tensions, reduced Hajj quota, and student visa delays.
- Exploring additional RBI-approved segments like crew wages and visa fee payments to drive growth.
Commenting on the annual results, Pavan Kumar Kavad, Managing Director said: “The revenue has increased 18.66% in this quarter as compared to the previous quarter, i.e., Rs. 852.90 crores for the quarter ended 30th June, 2025 as compared to Rs. 718.76 crores for the quarter ended 31st March, 2025.”
