Prithvi Exchange (India) Ltd Q1 FY26 Results

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 30 June, 2025 as compared to Rs. 718.76 crores for the quarter ended 31 March, 2025. We have been successfully empanelled with State Bank of India to serve their branches across the country for their forex requirements. The quarter April to June was typically one of our busiest retail quarters driven by outbound holiday travel. However, due to the ongoing global tensions like the India — Pakistan and Israel — Iran conflict and surrounding safety concerns , there were weaker footfall at all our branches and lower demand for personal travel forex products, including walk-in foreign currencies and prepaid cards from the mid of the quarter. Reduction in Hajj Quota for pilgrims, delayed visa’s approvals / backlogs for students in addition to other economic concerns have slowed down the quarterly performance of the company. We are confident of returning back to growth cycles in the upcoming quarters once the conditions improve. We are also actively pursuing other business allowed by RBI such as crew wages, visa fees etc., which will improve the business performance in future.