Pervasive Commodities Limited reported a net profit of ₹1,472.26 lakh for the quarter ended March 31, 2026, while recording a net loss of ₹4.31 lakh for the full financial year FY26. The company's total income for FY26 stood at ₹4,352.92 lakh, compared to ₹3,027.60 lakh in the previous year. For Q4FY26, total income was ₹3,284.23 lakh. The audited financial results were approved by the board on May 27, 2026.

Financial Performance

The company returned to profitability in the fourth quarter with a net profit of ₹1,472.26 lakh, reversing the net loss of ₹59.92 lakh reported in the corresponding quarter of the previous year. However, for the full year FY26, the company recorded a net loss of ₹4.31 lakh, compared to a net profit of ₹8.88 lakh in FY25.

Key Metrics

Auditor's Observations

The statutory auditor, M/s. V S S B & Associates, issued an unmodified opinion on the financial results. The auditor noted that the company recognized substantial losses due to the destruction of perishable stock-in-trade during Q2FY26 without insurance coverage. Additionally, the auditor highlighted that the company has been irregular in depositing undisputed statutory dues and was unable to determine the completeness of loans and advances aggregating ₹2,459.45 lakh due to a lack of external confirmations.

Pervasive Commodities Limited convened a Board of Directors meeting on 5th May, 2026, at its registered office located at C-806, Titanium City Canter, Near Sachin Tower, 100 Ft Road, Satellite, Ahmedabad, Gujarat. The meeting commenced at 4:00 P.M. and concluded at 5:00 P.M. In compliance with Regulations 30 and 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company disclosed the outcome of the meeting to BSE Limited. Subsequently, the Company submitted a formal application for reclassification to BSE Limited on 9th May, 2026.

Board Approves Promoter Reclassification

The Board of Directors analyzed, considered, and approved request letters received from two entities seeking a change in their shareholder classification. M/s. Enigma Merchants LLP and M/s. Winspire Project Consultants Private Limited, both belonging to the 'Promoter and Promoter Group' category, had submitted their reclassification requests on 6th March, 2026, seeking a change in status to the 'Public' category pursuant to Regulation 31A of the Listing Regulations. The intimation regarding receipt of such requests had been duly submitted to the concerned stock exchange. Following board approval, the Company filed the reclassification application with BSE Limited on 9th May, 2026, and the reclassification remains subject to BSE Limited's approval.

Shareholding Details of Outgoing Promoters

The following table presents the shareholding details of the two entities seeking reclassification:

Combined, the two outgoing promoter entities hold 5,45,900 shares, accounting for 0.06% of the company's total shareholding. Both entities hold less than 1% of the total shareholding and voting rights in the Company.

Board's Rationale and Regulatory Compliance

The Board noted that the aforesaid entities are not involved in the management of the Company and do not exercise any control over its affairs, directly or indirectly. They do not hold any special rights, including veto rights or special information rights, and have not entered into any shareholders' agreement or any other agreement with the Company. Both entities have confirmed that they shall comply with all the conditions specified under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Upon receipt of BSE Limited's approval, the Company shall give effect to the reclassification in the shareholding pattern from the immediate succeeding quarter, in accordance with Regulation 31 of the Listing Regulations. The disclosure was signed by Fagun Chandrakant Soni, Managing Director of Pervasive Commodities Limited, in accordance with applicable regulatory requirements.