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Bharatam Ventures Limited reports Rs 601.65 crore loss, including Penganga Sahkar Karkhana subsidiary
14-Aug-2026, 08:38
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 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.