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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Prithvi Exchange (India) Ltd, an RBI-licensed foreign exchange dealer, announced its Q3 FY2025-26 results on January 31, 2026. Total revenue grew 28% year-on-year to ₹91,304.82 lakhs (about ₹913 crore), up from ₹71,664.82 lakhs in the same quarter last year, driven by higher bank notes business and steady leisure segment demand. However, revenue declined sequentially from ₹102,170.44 lakhs in Q2 FY26. Net profit was nearly flat YoY at ₹69.89 lakhs versus ₹69.51 lakhs, but fell sharply from ₹124.82 lakhs in the previous quarter. Management blamed currency volatility, geopolitical tensions, and softer travel demand for the sequential slowdown. The company is investing in digital transformation, including a mobile app, D2C website, and AI/GenAI tools, while adding senior staff and exploring new segments under the FEMA framework.
Mixed bag for investors — strong YoY revenue growth shows the business is expanding, but the sharp sequential drop in both revenue and profit suggests margin pressure and weakening momentum in the most recent quarter. The digital push and FEMA-based diversification plans are positives to watch but may take time to reflect in earnings.