Outcome of the Board meeting for approving the financial results for FY2025-26, recommendation of final dividend to shareholders and appointment of Company Secretary & Compliance officer is attached.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Prithvi Exchange (India) Ltd, a forex services company based in Chennai, held its Board meeting on May 23, 2026 and approved audited financial results for FY2025-26 (year ended March 31, 2026). The company reported standalone revenue of Rs 3,73,089.20 lakhs, up from Rs 3,52,472.36 lakhs in FY2024-25. However, net profit declined significantly to Rs 271.55 lakhs from Rs 811 lakhs in the prior year. The board recommended a final dividend of Rs 0.50 per equity share (5% on Rs 10 face value). Additionally, Mr. Harsh S was appointed as Company Secretary and Compliance Officer, designated as Key Managerial Personnel, effective May 23, 2026. The auditors issued an unmodified (clean) audit opinion. The profit decline was partly due to a one-time exceptional charge of Rs 78.80 lakhs related to new labour code implementation.
The company showed revenue growth but profitability declined sharply, which could concern investors. The dividend recommendation provides some positive signal. The appointment of a new CS fills a key compliance role. Overall neutral to slightly negative for shareholders given the significant profit decline.