Prithvi Exchange Opens New Branch in Hyderabad to Expand Forex Services Network

1 min read     Updated on 21 Feb 2026, 07:15 PM
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Reviewed by
Ashish TScanX News Team
Overview

Prithvi Exchange (India) Limited has opened a new branch in Hyderabad's Jubilee Hills area near Madhapur Metro Station, expanding its forex services network. The branch will offer foreign currencies, forex cards, and remittances abroad through contemporary and technologically updated facilities. The company plans further expansion across India to strengthen its national presence and enhance customer service accessibility.

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*this image is generated using AI for illustrative purposes only.

Prithvi exchange (India) Limited has announced the opening of a new branch in Hyderabad, Telangana, marking another milestone in the company's expansion strategy. The development was communicated to BSE Limited on 21st February, 2026, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Branch Location and Services

The new Hyderabad branch is strategically positioned to serve customers in the region with comprehensive forex services. The facility details are outlined below:

Parameter: Details
Location: 8-2-293/82/A/729/1/1F2 Part, First floor
Building: DK's Kavya House
Area: Road no.36, Jubilee Hills
Landmark: Near Madhapur Metro Station
City: Hyderabad - 500 033
State: Telangana

Service Offerings

The Hyderabad branch will provide the complete range of Prithvi Exchange's forex services to customers in the region:

  • Foreign currency exchange services
  • Forex cards for international travel and transactions
  • Remittances abroad for various purposes
  • Contemporary and technologically updated service environment

Expansion Strategy

The company has indicated its commitment to expanding its footprint across India through strategic branch openings. Prithvi Exchange aims to increase its presence nationwide by establishing more branches in the near future, focusing on providing enhanced customer service and accessibility to forex services.

Company Operations

Prithvi Exchange (India) Limited operates from its headquarters in Chennai, with its main office located at Gee Gee Universal, 2nd Floor, Door No. 2, Mc. Nichols Road, Chetpet, Chennai - 600 031, Tamil Nadu. The company specializes in foreign exchange services and maintains a focus on delivering quality service through modern technology and customer-centric approaches.

Historical Stock Returns for Prithvi Exchange

1 Day5 Days1 Month6 Months1 Year5 Years
-3.69%-5.76%+14.48%-5.58%-22.80%+510.15%

Prithvi Exchange Reports Q3FY26 Results with 28% Revenue Growth and 15% Dividend

2 min read     Updated on 31 Jan 2026, 03:02 PM
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Reviewed by
Radhika SScanX News Team
Overview

Prithvi Exchange (India) Limited announced strong Q3FY26 financial results with total revenue reaching ₹91,304.82 lakhs, representing 28% year-over-year growth. The Board declared a 15% interim dividend of ₹1.50 per share for FY2026 with February 9, 2026 as the record date. The company's performance continues to be influenced by RBI regulations requiring minimum sales targets for foreign currency operations.

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*this image is generated using AI for illustrative purposes only.

Prithvi Exchange (India) Limited has announced its unaudited standalone and consolidated financial results for the quarter ended December 31, 2025, along with the declaration of an interim dividend. The Chennai-based foreign exchange company's Board of Directors approved the quarterly results and dividend announcement during their meeting held on January 31, 2026.

Financial Performance Overview

The company's standalone financial results demonstrate strong year-over-year performance for the third quarter of FY2026. Total revenue reached ₹91,304.82 lakhs, representing a robust 28% growth compared to ₹71,664.83 lakhs in the corresponding quarter of the previous year.

Financial Metric Q3 FY26 Q3 FY25 Q2 FY26 Change (YoY)
Total Revenue ₹91,304.82 lakhs ₹71,664.83 lakhs ₹1,02,170.44 lakhs +28%
Net Profit Before Tax ₹84.89 lakhs ₹90.51 lakhs ₹166.82 lakhs -6.2%
Net Profit After Tax ₹69.89 lakhs ₹69.51 lakhs ₹124.82 lakhs +0.5%
Basic EPS ₹0.85 ₹0.84 ₹1.51 +1.2%

Revenue Composition and Operations

The company's revenue primarily comes from sale of foreign currencies, which contributed ₹90,921.02 lakhs during Q3 FY26 compared to ₹71,420.49 lakhs in the same quarter last year. Other operating income stood at ₹333.78 lakhs, bringing total revenue from operations to ₹91,254.80 lakhs.

Consolidated Financial Results

On a consolidated basis, the company reported total income of ₹91,307.24 lakhs for Q3 FY26. Net profit after tax on consolidated basis was ₹65.90 lakhs, with profit attributable to owners of the company at ₹40.90 lakhs and non-controlling interest contributing ₹25.00 lakhs.

Consolidated Metrics Q3 FY26 Q3 FY25 Change (YoY)
Total Income ₹91,307.24 lakhs ₹71,665.71 lakhs +27.4%
Net Profit After Tax ₹65.90 lakhs ₹69.40 lakhs -5.0%
Basic EPS ₹0.50 ₹0.84 -40.5%

Interim Dividend Declaration

The Board of Directors declared an interim dividend of 15% for the financial year 2025-2026, pursuant to Regulation 42 of SEBI Listing Regulations.

Dividend Parameter Details
Dividend Rate 15% per equity share
Dividend Amount ₹1.50 per share
Face Value ₹10.00 per share
Record Date February 9, 2026
Paid-up Share Capital ₹824.97 lakhs

Board Meeting and Regulatory Compliance

The Board meeting commenced at 10.30 AM and concluded at 2.30 PM on January 31, 2026. The unaudited standalone and consolidated financial results were approved under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by the statutory auditors and audit committee before being approved by the Board.

Meeting Details Information
Meeting Date January 31, 2026
Meeting Duration 10.30 AM to 2.30 PM
Auditor Opinion Unqualified Opinion
Regulatory Compliance Regulation 30 and 33 of SEBI LODR

Market Position and RBI Regulations

As a Reserve Bank of India licensed Authorized Dealer Category II, Prithvi Exchange continues to operate under RBI regulations. The company's performance remains influenced by RBI circular No. 08 dated May 27, 2024, requiring all Authorized Dealers and Foreign Money Changers to ensure their sale of foreign currencies is not less than 75% of the value purchased from other FMCs/ADs on a quarterly basis. This circular has a financial impact on the performance of the company in the current quarter.

Historical Stock Returns for Prithvi Exchange

1 Day5 Days1 Month6 Months1 Year5 Years
-3.69%-5.76%+14.48%-5.58%-22.80%+510.15%

More News on Prithvi Exchange

1 Year Returns:-22.80%