Pursuant to 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with schedule III of the said regulations, we inform you that the Board of Directors ....
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The Board of Directors of Bharatam Ventures Limited (formerly Pet Plastics Ltd) met on 14 November 2025 and approved unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2025, along with related party transactions for H1 FY26. The statutory auditor N K Mittal & Associates issued a clean limited review report with no qualifications. On a standalone basis, Q2 FY26 revenue fell sharply to ₹117.15 lakhs (vs ₹279.87 lakhs in Q2 FY25), though the company reported a small profit of ₹14.35 lakhs for the quarter. On a consolidated basis, the company swung into a much deeper loss of ₹121.20 lakhs for H1 FY26 (vs ₹2.38 lakhs loss in H1 FY25), with consolidated revenue also declining to ₹248.15 lakhs. Borrowings rose sharply on a consolidated basis (from ₹10.32 lakhs to ₹1,498.14 lakhs), indicating increased leverage at the group level.
Mixed to negative for shareholders - revenue is contracting and the company is reporting losses on a consolidated basis, though standalone Q2 showed a small profit. The change of statutory auditor (predecessor auditor mentioned) and rising group-level debt warrant caution, while the clean audit review and explicit approval of related party transactions are procedural positives.