Prithvi Exchange India Q1 Results Revenue Reaches ₹1,09,834.05 Lakhs and Net Profit Hits ₹435.44 Lakhs

Prithvi Exchange India Q1 Results: Prithvi Exchange India announced their Q1 results for the fiscal year 2024-2025 on August 13, 2024, showing a significant improvement in performance.

The company reported a total revenue of ₹1,09,834.05 lakhs for the quarter ending June 30, 2024, marking an increase of 17.1% compared to the ₹93,805.06 lakhs earned in the previous quarter. This rise is attributed to higher sales of foreign currencies and other operational income.

In terms of profitability, Prithvi Exchange saw a 25.6% year-over-year growth in profit before tax, reaching ₹593.44 lakhs compared to ₹510.52 lakhs in the previous quarter. Their net profit for the quarter was ₹435.44 lakhs, reflecting a 34.4% increase from the ₹324.05 lakhs reported earlier.

Additionally, the company declared a final dividend of 5% per share for the fiscal year ending March 31, 2024, pending approval at the upcoming Annual General Meeting.

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Prithvi Exchange India Q1 Results 2024 - 2025

Here are the key financial highlights for Prithvi Exchange India for Q1 of the fiscal year 2024-2025:

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Prithvi Exchange India  Current Market Overview

Prithvi Exchange India is currently performing well in the stock market. The company’s shares are trading at ₹465, reflecting a small increase of 0.35%. It has a market capitalization of ₹384 crore and its stock has ranged from a high of ₹522 to a low of ₹65 over recent periods.

With a price-to-earnings ratio of 24.5 and a book value of ₹51.6 per share, Prithvi Exchange offers a modest dividend yield of 0.53%. The company has strong financial returns, with a return on capital employed (ROCE) of 46.1% and a return on equity (ROE) of 35.2%, indicating solid performance and profitability.

Quarterly Results

Here is a summary of Prithvi Exchange India's quarterly results for the last three quarters:

The following table highlights the key financial figures for Prithvi Exchange India for December 2023, March 2024, and June 2024. These results reflect the company’s performance over these periods, showing trends in sales, expenses, and profits.

About Prithvi Exchange India 

Prithvi Exchange India is a prominent company specializing in foreign exchange services. Established to cater to the needs of travelers, businesses, and other clients requiring currency exchange, Prithvi Exchange offers a range of services including the sale and purchase of foreign currencies and related financial products.

With a strong presence in the industry, the company is known for its reliability and customer-focused approach. Over the years, Prithvi Exchange has earned a reputation for providing efficient and competitive exchange solutions, contributing to its growth and success in the financial sector.

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