Pervasive Commodities Limited submitted its Integrated Filing (Finance) for the quarter ended June 30, 2026, pursuant to SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31, 2024.

Financial Performance (Quarter Ended June 30, 2026)

The company reported unaudited financial results showing significant deterioration in performance compared to the same quarter last year:

Income Statement (₹ in lakhs):

  • Revenue from Operations: ₹49.30 (vs. ₹365.40 in Q1 FY2026)
  • Other Income: ₹7.67 (vs. ₹29.05 in Q1 FY2026)
  • Total Income: ₹56.97 (vs. ₹394.44 in Q1 FY2026)
  • Total Expenses: ₹55.48 (vs. ₹381.12 in Q1 FY2026)
  • Profit Before Tax: ₹1.49 (vs. ₹13.32 in Q1 FY2026)
  • Tax Expenses: ₹0.39 (Current Tax: ₹0.39, Deferred Tax: ₹0.00)
  • Net Profit for the period: ₹1.10 (vs. ₹9.86 in Q1 FY2026)

Comparative Performance:

  • Basic Earnings Per Share from Continuing Operations: ₹0.00
  • Paid-up Equity Share Capital: ₹9009.52 lakh
  • Face Value per Share: ₹1.00

Auditor's Limited Review Report

The limited review was conducted by CA Vishvesh Shridhar (M. No. 109944) in accordance with Standard on Review Engagement (SRE) 2410. The auditor issued a clean review opinion but highlighted several significant matters:

Key Auditor Qualifications:

1. Inventory Risk: The company holds gold bars in lockers with no movement during the reporting period. While management provided representation letters and valuation reports as of March 31, 2026, the inventory lacks insurance coverage against loss, theft, or damage.

2. Statutory Compliance: The company has been generally irregular in depositing undisputed statutory dues with appropriate authorities within prescribed due dates.

3. Loan Recoverability: The company provided loans and advances aggregating ₹1,967.42 lakh to various parties during the year. The auditor could not obtain external balance confirmations and supporting reconciliations, making it impossible to determine the completeness and recoverability of these amounts.

4. Warrant Conversion: During FY 2025-26, warrants were converted into equity shares effective May 20, 2025, increasing the company's equity share capital. Basic EPS has been calculated after giving effect to this conversion.