Prithvi Exchange Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2022
November 12, 2022 at 02:26 pm
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Prithvi Exchange (India) Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 8,093.94 million compared to INR 3,486.58 million a year ago. Revenue was INR 8,114.41 million compared to INR 3,495.63 million a year ago. Net income was INR 18.31 million compared to INR 0.335 million a year ago. Basic earnings per share from continuing operations was INR 2.22 compared to INR 0.04 a year ago. Diluted earnings per share from continuing operations was INR 2.22 compared to INR 0.04 a year ago.
For the six months, sales was INR 15,784.57 million compared to INR 5,659.52 million a year ago. Revenue was INR 15,821.35 million compared to INR 5,674.04 million a year ago. Net income was INR 29.76 million compared to net loss of INR 3.71 million a year ago. Basic earnings per share from continuing operations was INR 3.61 compared to basic loss per share from continuing operations of INR 0.45 a year ago. Diluted earnings per share from continuing operations was INR 3.61 compared to diluted loss per share from continuing operations of INR 0.45 a year ago.
Prithvi Exchange (India) Limited is an India-based company that is engaged in the foreign exchange business. The Company operates under the brand, PRITHVI EXCHANGE. Its products include foreign currency traveler cheque, travel card, foreign currency DD, remittance abroad, travel insurance, inward money transfer. The Company's services include forex for students, services to NRI, forex to corporate and forex process. The Company has partnered with ICICI and INDUSIND CARDS for travel currency cards that are available in approximately 18 currencies: United States Dollar, Great Britain Pound, Euro, Canadian Dollar, Australian Dollar, Swedish Kroner, Swiss Franc, Singapore Dollar, Japanese Yen, UAE Dhiram, Hong Kong Dollar, Thai Bhat, New Zealand Dollar, Danish Kroner, Saudi Riyal, South African Rand, Omani Riyal and Thomas Cook. The Company undertakes all of its clients' forex requirements and Society for Worldwide Interbank Financial Telecommunications (SWIFT) transfer services.