Prithvi Exchange (India) Limited reported mixed Q1 FY 2025-26 results with revenue of ₹85,289.78 lakhs, up 18.66% QoQ but down YoY. Net profit reached ₹113.46 lakhs, improving from Q4 but lower than last year. The company secured empanelment with SBI for forex services. Challenges included global tensions, reduced Hajj quota, and visa delays. Board approved reappointment of MD, new director appointment, and employee stock option scheme. Future plans include expansion and exploring new business opportunities.
Prithvi Exchange (India) Limited reported a 58.40% decrease in Q1 revenue to Rs. 45.63 crores and a 74.08% drop in net profit to Rs. 1.13 crores. The company reappointed Pavan Kumar Kavad as Managing Director for five years, appointed Rashmi Surana as Independent Director, and accepted the resignation of Company Secretary Nithyasree P G. An Employee Stock Option Scheme with 4,34,200 options was approved. The 30th Annual General Meeting is scheduled for September 9, 2025, with September 2, 2025, as the dividend record date.
02Aug 25
Prithvi Exchange to Hold Board Meeting for Q1 Results and Employee Stock Option Scheme
Prithvi Exchange (India) Limited has scheduled a board meeting for August 8, 2025, to review Q1 financial results and consider an Employee Stock Option Scheme for 2025. The trading window for company securities is closed from July 1, 2025, until 48 hours after the Q1 results announcement. The company has informed BSE Limited about the meeting in compliance with SEBI regulations.