PERVASIVEPervasive Commodities Ltd.
Pervasive Commodities Q2 FY27 Results: Standalone Net Profit ₹0.02 Crore on Total Income of ₹1.64 Crore
- Earnings
- Agricultural products trading
Reviewed byRachit TripathiBlacklitt Research
Pervasive Commodities (NSE: PERVASIVE) reported standalone total income of ₹1.64 crore and net profit of ₹1.90 lakh for the quarter ended 30 Sep 2026, in a filing on 4 Nov 2026.
Key highlights
Standalone
The company on its own, without its subsidiaries
- Total income: ₹1.64 crore, up 191.4% YoY and 187.7% QoQ
- Net profit: ₹1.90 lakh, up 72.7% from ₹1.10 lakh in the quarter ended 30 Jun 2026
- Revenue from operations: ₹1.64 crore, up 309.0% YoY and 231.9% QoQ
- Inventories: ₹42.90 crore at 30 Sep 2026, including gold bars held in lockers
Summary
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 1.64 | 0.56 | +191.4% | 0.57 | +187.7% | |
| Revenue from operations | 1.64 | 0.40 | +309.0% | 0.49 | +231.9% |
| Other income | 0.00 | 0.16 | -98.5% | 0.08 | -96.9% |
| 0.02 | n/a | n/a | 0.01 | +72.7% | |
| Profit before tax | 0.03 | n/a | n/a | 0.01 | +72.5% |
| Finance costs | 0.01 | 0.01 | +10.9% | 0.01 | 0.0% |
| Depreciation | 0.00 | 0.00 | -90.9% | 0.00 | 0.0% |
| Tax expense | 0.01 | n/a | n/a | 0.00 | +69.2% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Standalone revenue from operations rose 309.0% year on year, to ₹1.64 crore from ₹40.01 lakh, and rose 231.9% from ₹49.30 lakh in the quarter ended 30 Jun 2026. Other income fell to ₹0.24 lakh from ₹16.24 lakh a year earlier and ₹7.67 lakh in the previous quarter, so total income rose 191.4% year on year to ₹1.64 crore. The filing does not say why revenue from operations rose.
Profit before tax was ₹2.57 lakh, against ₹1.49 lakh in the previous quarter. Tax expense was ₹0.66 lakh, 25.7% of profit before tax, which left net profit of ₹1.90 lakh. Net profit rose 72.7% from ₹1.10 lakh, slower than total income, which rose 187.7% from the previous quarter. Finance costs were ₹0.71 lakh, up 10.9% from ₹0.64 lakh a year earlier, and depreciation was ₹0.01 lakh.
The balance sheet at 30 Sep 2026 shows inventories of ₹42.90 crore. The auditors say this inventory includes gold bars kept in lockers, that there was no movement in inventory during the period, and that no insurance cover has been obtained for it. The company bought gold bars during FY 2025-26 and made no sales of gold in the period.
The auditors' limited review report, dated 4 Nov 2026, found nothing to suggest the statement contains a material misstatement. Their other matters say the company has generally been irregular in depositing statutory dues by the prescribed due dates, and that it provided loans and advances of ₹19.67 crore during the year without external balance confirmations, so they cannot determine completeness and recoverability. Warrants converted into equity shares effective 20 May 2025 increased the equity share capital during the year.
Inference
The board approved the results on 4 Nov 2026. The balance sheet at 30 Sep 2026 shows total assets of ₹90.44 crore, total equity of ₹90.00 crore and equity share capital of ₹90.10 crore, with trade receivables of ₹23.30 crore and cash of ₹3.79 lakh.
The auditors' remarks cover gold bars held without insurance cover, statutory dues paid irregularly and loans of ₹19.67 crore without balance confirmations. The filing does not say what the company plans to do about these points.
Filed with BSE on . Reference: Original filing (PDF)
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