Prithvi Exchange FY26: Revenue dips as fintech push accelerates
Frequently Asked Questions
It provides forex-related services including buying and selling major foreign currencies, travel currency cards, and remittances abroad, along with foreign currency demand drafts, family maintenance remittances and travel insurance.
Total revenue was 373263 lakhs (3732.63 crore) in FY2025-26 as per the presentation’s financial highlights table.
Net profit for the period declined to 271.55 lakhs (2.72 crore) from 811.00 lakhs (8.11 crore), and profit before exceptional items and tax declined to 349.47 lakhs (3.49 crore) from 1095.34 lakhs (10.95 crore).
The presentation cites geopolitical war-related uncertainty impacting outbound travel sentiment and a travel sector slowdown hurting leisure forex demand, including impact in Q1.
It lists a B2C forex platform for currency, cards and remittances, WhatsApp booking, live rate integration, markup management, branch workflow orchestration, and digital document collection and processing.
The company states it has self-issued Prithvi branded forex cards, received VISA membership, and plans to launch multi-currency cards along with a native mobile app with card controls and transaction features.
The company states its RBI AD2 license has been renewed for three years and is valid till 2029.
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