Pet Plastics Ltd

Bharatam Ventures Limited, formerly Pet Plastics Limited, reported a loss after tax of Rs 601.65 lakhs for both its standalone and consolidated financial results for the quarter ended June 30, 2026, with basic and diluted earnings per share at (Rs 120.33). The company acquired a 99.9987% stake, or 1,49,998 equity shares, of Penganga Sahkar Karkhana Private Limited for Rs 1,79,99,760 on May 27, 2026, making it a subsidiary. The consolidated results include Bharatam Ventures Limited and Penganga Sahkar Karkhana Private Limited, with the latter contributing revenue of Rs 2,539.95 lakhs, a loss before tax of Rs 609.42 lakhs, and a total comprehensive loss of Rs 609.42 lakhs, based on management-certified interim financial information. The auditor expressed no qualifications, noting reliance on management-certified information for the subsidiary and audited prior-year comparative data by a predecessor auditor.

Bharatam Ventures Limited, formerly Pet Plastics Limited, reported a loss after tax of Rs 601.65 lakh for the quarter ended June 30, 2026, according to both standalone and consolidated financial results. The company’s basic and diluted earnings per share were (Rs 120.33) for both reporting formats, with a paid-up equity share capital of Rs 50.00. The consolidated results reflect the acquisition of 100% of Penganga Sahkar Karkhana Private Limited on May 27, 2026, which resulted in a net loss attributable to non-controlling interest of Rs 13.84 lakh. Statutory auditors reviewed both sets of results, noting no qualifications, and the company’s DIN is 07076684. Bharatam Ventures operates in a single segment and GST reconciliation is pending.

Bharatam Ventures Limited, formerly Pet Plastics Limited, reported a loss of Rs 601.65 crore for the quarter ended June 30, 2026, according to both standalone and consolidated financial results. The company’s total comprehensive income was -Rs 601.66 crore, resulting in an earnings per share of Rs -120.33. The consolidated results include the recently acquired subsidiary, Penganga Sahkar Karkhana Private Limited, which reported revenue of Rs 2,539.95 crore and a loss before tax of Rs 609.42 crore. The acquisition, completed on May 27, 2026, marks a significant event for the company. The statutory auditor conducted a limited review of the financials, with no qualifications noted, although statutory compliance regarding Goods & Service Tax remains subject to reconciliation.

Bharatam Ventures Limited, formerly Pet Plastics Limited, reported a net loss of Rs 601.65 lakhs for the quarter ended June 30, 2026, both on a standalone and consolidated basis. The company’s basic and diluted earnings per share were negative at Rs 120.33. The consolidated results include the performance of Penganga Sahkar Karkhana Private Limited, which Bharatam Ventures Limited acquired 100% in May 2026, making it a subsidiary. While the auditor’s review report expresses no qualifications for either the standalone or consolidated financials, it notes reliance on management-certified interim financial information for the subsidiary, which is considered not material to the group. The company’s paid-up equity share capital remains at Rs 50.00 lakhs, and the financial statements were prepared in accordance with Indian Accounting Standards (Ind AS) and SEBI regulations.

Bharatam Ventures Limited, formerly Pet Plastics Limited, reported a loss of Rs 601.65 crore for the quarter ended June 30, 2026, according to its standalone financial results. Consolidated results, which include the performance of subsidiaries, showed a slightly larger loss of Rs 609.42 crore for the same period. The company acquired 99.9987% of Penganga Sahkar Karkhana Private Limited on May 27, 2026, for Rs 17.99976 crore, incorporating the subsidiary’s revenue of Rs 2,539.95 crore and a loss before tax of Rs 609.42 crore into its consolidated financials. Both standalone and consolidated basic and diluted earnings per share were Rs -120.33. The statutory auditor conducted a limited review of the results with no qualifications, relying on management certification of the subsidiary’s interim financial information.

Bharatam Ventures Limited, formerly Pet Plastics Limited, reported a loss after tax of Rs 601.65 lakhs for the quarter ended June 30, 2026, according to both standalone and consolidated financial results. The company, operating in the financial services sector, also recorded a total comprehensive income of Rs (601.66) lakhs, with basic and diluted earnings per share at Rs (120.33). A significant development during the quarter was the acquisition of a 99.9987% stake in Penganga Sahkar Karkhana Private Limited, which is now included in the consolidated results, contributing to the overall loss. The auditor’s opinion was unqualified for both standalone and consolidated results, with a note regarding reliance on management-certified interim financial information for the subsidiary. Statutory compliance with GST remains subject to reconciliation.

Bharatam Ventures Limited, formerly Pet Plastics Limited, reported a loss after tax of Rs 601.65 lakhs for the quarter ended June 30, 2026, according to both standalone and consolidated financial results. The company’s basic and diluted earnings per share were negative at Rs 120.33, with a paid-up equity share capital of Rs 50.00 lakhs. The consolidated results include Penganga Sahkar Karkhana Private Limited, which was acquired on May 27, 2026, and contributed revenue of Rs 2,539.95 lakhs. The statutory auditor, N K Mittal & Associates, issued an unqualified audit report, noting reliance on management-certified interim financial information for the subsidiary. Managing Director Abhinath Manikrao Shinde oversees the company, which prepares its results in accordance with Indian Accounting Standards (Ind AS) and SEBI regulations.

Bharatam Ventures Limited, formerly known as Pet Plastics Limited, will hold a board meeting on August 14, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, along with the limited review report, the appointment of Mr. Ketan Ishwarlal Kataria and Mr. Pravin Shantaram Thigale as additional directors, an increase in authorized share capital, alteration in the articles of association, and a proposal for a preferential issue of equity shares or eligible securities.

Bharatam Ventures Limited, formerly known as Pet Plastics Limited, has completed the acquisition of the remaining 0.00133%, or 2 equity shares, of Penganga Sakhar Karkhana Private Limited for Rs 240, making it a wholly-owned subsidiary, according to a regulatory filing on August 10, 2026. The acquisition, which constitutes a related party transaction due to the sale of one share by a company promoter, expands Bharatam Ventures’ business portfolio into the sugar and allied agro-processing sector, with Penganga Sakhar Karkhana Private Limited reporting revenue of Rs 8352.89 crore for fiscal year 2025-26.

Net loss of Pet Plastics reported to Rs 11.82 crore in the quarter ended March 2026 as against net profit of Rs 0.25 crore during the previous quarter ended March 2025. Sales rose 3354.10% to Rs 21.07 crore in the quarter ended March 2026 as against Rs 0.61 crore during the previous quarter ended March 2025. For the full year,net loss reported to Rs 13.79 crore in the year ended March 2026 as against net profit of Rs 0.09 crore during the previous year ended March 2025. Sales rose 453.26% to Rs 23.79 crore in the year ended March 2026 as against Rs 4.30 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales21.070.61 3354 23.794.30 453 OPM %-22.69-13.11 --26.69-8.37 - PBDT-4.780.32 PL -7.320.17 PL PBT-4.800.32 PL -7.370.16 PL NP-11.820.25 PL -13.790.09 PL Powered by Capital Market - Live