Prithvi Exchange Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2021
February 12, 2022 at 09:00 am
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Prithvi Exchange (India) Limited reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was INR 4,540.45 million compared to INR 2,512.82 million a year ago. Revenue was INR 4,550.91 million compared to INR 2,518.75 million a year ago. Net income was INR 1.73 million compared to net loss of INR 5.37 million a year ago. Basic earnings per share from continuing operations was INR 0.21 compared to basic loss per share from continuing operations of INR 0.65 a year ago. Diluted earnings per share from continuing operations was INR 0.21 compared to diluted loss per share from continuing operations of INR 0.65 a year ago.
For the nine months, sales was INR 10,199.97 million compared to INR 5,052.38 million a year ago. Revenue was INR 10,224.95 million compared to INR 5,069.03 million a year ago. Net loss was INR 1.98 million compared to INR 20.89 million a year ago. Basic loss per share from continuing operations was INR 0.24 compared to INR 2.53 a year ago. Diluted loss per share from continuing operations was INR 0.24 compared to INR 2.53 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.