Prithvi Exchange Q1FY27: Revenue up 25%, profit returns

Results snapshot and why it matters

Prithvi Exchange (India) Limited reported a sharp sequential turnaround in Q1FY27, moving back into the black after posting a loss in the preceding quarter. The Chennai-based foreign exchange dealer said revenue rose 25.11% year-on-year to ₹1,108.23 crore (₹1,10,822.54 lakh) in Q1FY27. Net profit for the period stood at ₹0.71 crore (₹70.90 lakh), compared with a net loss of ₹0.37 crore (₹36.62 lakh) in Q4FY26.

The company disclosed the results under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The announcement matters for investors tracking earnings stability in a business where profitability can be sensitive to operating costs and margins. While the quarter showed a clear improvement versus Q4FY26, the year-on-year comparison reflects pressure on profitability.

Revenue growth, but profitability fell year-on-year

On a year-on-year basis, Prithvi Exchange’s Q1FY27 profitability weakened despite higher revenue. The company reported that net profit declined 37.5% from ₹1.13 crore (₹113.46 lakh) in Q1FY26 to ₹0.71 crore (₹70.90 lakh) in Q1FY27, attributing the decline to margin pressures.

Profit before tax (PBT) came in at ₹0.95 crore (₹94.90 lakh) for Q1FY27. In Q4FY26, PBT had been a loss of ₹0.54 crore (₹53.70 lakh), highlighting the extent of the sequential rebound. The company’s earnings per share (EPS) was reported at ₹0.86 for Q1FY27 versus ₹1.38 in Q1FY26, a 37.7% decline year-on-year.

Sequential turnaround from Q4FY26 loss

The standout feature in the disclosure was the quarter-on-quarter shift from loss to profit. The company moved from a Q4FY26 net loss of ₹0.37 crore (₹36.62 lakh) to a Q1FY27 net profit of ₹0.71 crore (₹70.90 lakh).

EPS also improved sequentially, recovering to ₹0.86 from a negative ₹0.44 in the previous quarter, as cited in the update. Management commentary in the text linked the sequential improvement to better operational efficiency, even as year-on-year profitability remained under pressure.

Standalone performance indicators (as disclosed)

The company’s filing included a table of key performance indicators for Q1FY27 versus Q1FY26. The figures below are presented in ₹ crore for consistency.

Consolidated profit also declined versus Q1FY25

Alongside standalone performance, the text also referenced consolidated profitability. Prithvi Exchange reported consolidated net profit of ₹0.73 crore (₹73.48 lakh), compared with ₹1.12 crore (₹112.48 lakh) in Q1FY25.

The disclosure points to a broader dip in profitability at the group level as well, even though the quarter showed an improvement from the immediately preceding quarter’s loss at the standalone level.

Compliance, audit review, and board approval

The company said the unaudited financial results were approved by the Board of Directors on August 08, 2026. The approval followed a limited review by statutory auditors M/s Chandarana & Sanklecha.

It also stated that the results were reviewed by the Audit Committee before being placed before the board. Extracts of the financial results were published in newspapers as per Regulation 47 of the SEBI Listing Regulations. The company reiterated that the disclosure was made under Regulation 30 of the SEBI (LODR) Regulations, 2015.

Other figures cited in a separate board-meeting intimation

The provided text also included a separate “Board Meeting Intimation” section for approval of unaudited standalone and consolidated financial results for the quarter ended December 31, 2025 and declaration of an interim dividend. In that section, the following figures were stated: revenue at ₹856.29 crore (up 18.71% QoQ from ₹721.35 crore), operating profit at ₹0.41 crore, PBDT at ₹0.58 crore, profit before tax at ₹1.50 crore, and net profit at ₹1.12 crore.

These numbers were presented as part of that separate intimation and should be read distinctly from the Q1FY27 performance table and Q1FY27 profit commentary.

What investors typically track from here

The filing sets up two clear reference points. First is whether the sequential operational improvement sustains after the Q1FY27 return to profit. Second is whether margin pressures that were cited for the year-on-year decline ease in subsequent quarters.

For investors, the company’s disclosures under SEBI regulations, the limited review by auditors, and the audit committee process provide the formal framework for the quarterly numbers. The next material updates would typically come through subsequent quarterly filings, board meeting outcomes, and any additional disclosures made under the SEBI (LODR) framework.

Conclusion

Prithvi Exchange posted Q1FY27 revenue growth to ₹1,108.23 crore and returned to profitability with net profit of ₹0.71 crore after a loss in Q4FY26. However, profits were lower than Q1FY26, reflecting margin pressures noted in the disclosure. The unaudited results were approved by the board on August 08, 2026 after audit committee review and a limited review by the statutory auditors, with disclosures made under SEBI regulations.