PERNIASPOPPurple Style Labs Ltd.
Purple Style Labs Q2 FY27 Results: Consolidated Net Loss ₹68.29 Crore on Total Income of ₹212 Crore
- Earnings
- Designer fashion and lifestyle products
Reviewed byRachit TripathiBlacklitt Research
Purple Style Labs (NSE: PERNIASPOP) reported a consolidated total income of ₹212.17 crore and a consolidated net loss of ₹68.29 crore for the quarter ended 30 Sep 2026, and standalone total income of ₹21.40 crore with standalone profit before tax of ₹1.91 crore, it said in a filing on 02 Nov 2026.
Key highlights
Consolidated
Including its subsidiaries
- Total income: ₹212.17 crore, up 95.1% QoQ; the year-ago quarter's total income is not reported
- Net profit and EPS: Net loss of ₹68.29 crore, against ₹285.40 crore a year earlier; basic EPS of -₹9.56
- Finance costs: ₹33.94 crore, 16.0% of total income
Standalone
The company on its own, without its subsidiaries
- Total income: ₹21.40 crore, down 32.2% YoY and 24.2% QoQ
- Profit before tax and EPS: Profit before tax of ₹1.91 crore; basic EPS of ₹0.22 against ₹3.94 a year earlier
- Finance costs: ₹0.53 crore, 2.5% of total income
Summary
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 212.17 | n/a | n/a | 108.74 | +95.1% | |
| Revenue from operations | 261.55 | 214.47 | +22.0% | 108.74 | +140.5% |
| -68.29 | -285.40 | +76.1% | -88.13 | +22.5% | |
| Profit before tax | -65.19 | -96.10 | +32.2% | -80.14 | +18.7% |
| Finance costs | 33.94 | 42.39 | -20.0% | 33.99 | -0.2% |
| Depreciation | 35.78 | 42.66 | -16.1% | 34.84 | +2.7% |
| EPS, basic (₹) | -9.56 | -41.98 | +77.2% | -12.92 | +26.0% |
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.
Finance costs of ₹33.94 crore are 16.0% of total income, and depreciation of ₹35.78 crore is close in size. Together they are a large fixed load against this quarter's income.
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 21.40 | 31.56 | -32.2% | 28.21 | -24.2% | |
| Revenue from operations | 18.26 | n/a | n/a | 21.59 | -15.4% |
| Profit before tax | 1.91 | 6.50 | -70.6% | 3.89 | -50.8% |
| Finance costs | 0.53 | 0.20 | +167.5% | 0.56 | -5.9% |
| Depreciation | 1.50 | 1.48 | +1.4% | 1.50 | -0.1% |
| EPS, basic (₹) | 0.22 | 3.94 | -94.4% | 0.44 | -50.0% |
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 total income fell 32.2% YoY to ₹21.40 crore and 24.2% QoQ, while standalone profit before tax of ₹1.91 crore is down 70.6% from ₹6.50 crore a year earlier. The standalone exceptional item of ₹3.58 million relates to employee compensation for stock options, and the company says the item relates to grant of options to eligible employees.
Standalone finance costs of ₹0.53 crore are 2.5% of total income, up from ₹0.20 crore a year earlier.
The company completed an initial public offer in the quarter, a fresh issue of 11,826,086 shares at ₹575 each aggregating ₹680 crore, with shares listed on NSE and BSE on 07 Sep 2026. Of this, ₹140.74 crore was utilised up to 30 Sep 2026 towards the objects of the offer, and ₹528.55 crore is held in fixed deposits. The filing also records investments of ₹280 crore and ₹420 crore in PSL Retail Private Limited and ₹67.48 crore in Purple Style Labs USA, Inc. Blacklitt's data shows the company's latest quarter as Q1 FY27, with a consolidated net loss of ₹88.13 crore.
Inference
The filing records an IPO fresh issue, with part of the proceeds used and the rest in fixed deposits, and subsidiary investments after board resolutions. The filing does not say what the remaining proceeds will be used for beyond the amounts stated, or when the consolidated loss is expected to narrow.
The auditors issued unmodified limited review conclusions on both sets of results, and the consolidated review relied in part on other auditors for two subsidiaries.
Filed with BSE on . Reference: Original filing (PDF)
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