Purple Style Labs reports ₹142 crore Q2 revenue, ₹68 crore loss

Purple Style Labs Limited reported consolidated revenue from operations of ₹142.11 crore and a net loss of ₹68.29 crore for the quarter ended September 30, 2026, while standalone revenue was ₹22.21 crore and standalone profit after tax was ₹1.55 crore. The results show a divergence between the company’s standalone profitability and consolidated performance.

What did Purple Style Labs report for Q2 FY27?

Purple Style Labs reported consolidated revenue from operations of ₹142.11 crore for Q2 FY27, alongside a consolidated loss after tax of ₹68.29 crore. Total comprehensive loss for the quarter stood at ₹69.32 crore. The figures cover the quarter ended September 30, 2026, and were approved by the Board of Directors on November 2, 2026.

On a standalone basis, Purple Style Labs reported revenue from operations of ₹22.21 crore. Total income was ₹27.40 crore, while expenses were ₹25.49 crore. Profit before tax was ₹1.91 crore and profit after tax was ₹1.55 crore. Basic earnings per share were ₹0.22 and diluted earnings per share were ₹0.20.

How did standalone revenue compare with the previous year?

Purple Style Labs’ standalone revenue from operations increased to ₹22.21 crore in Q2 FY27 from ₹21.59 crore in the corresponding quarter of the previous year. For the six months ended September 30, 2026, standalone revenue reached ₹40.47 crore, compared with ₹40.20 crore in the year-earlier period.

The year-on-year movement in standalone revenue was therefore limited, based on the disclosed figures. However, the company returned to a standalone profit after tax of ₹1.55 crore in the September quarter. The release does not provide a detailed business-wise explanation for the difference between standalone and consolidated profitability.

The company’s investor presentation also includes measures such as gross merchandise value, average order value, customer growth, gross profit and EBITDA across different periods. No specific GMV, AOV, gross-profit or EBITDA figures were provided in the disclosed summary.

Why are the consolidated results important for investors?

Purple Style Labs’ consolidated results are important because they include the wider group’s operating performance. Consolidated revenue of ₹142.11 crore was substantially higher than the standalone revenue of ₹22.21 crore, but the group recorded a loss after tax of ₹68.29 crore during the quarter.

For the first half of FY27, consolidated revenue was ₹261.55 crore and the consolidated loss after tax was ₹156.42 crore. Total comprehensive loss for the six-month period was ₹157.63 crore. These figures indicate that the group’s reported earnings remained under pressure despite revenue generation across its consolidated operations.

The release also states that the company’s financial statements include profit and loss, balance sheet and cash-flow information. Investors assessing the results would need to consider both the standalone profit and the consolidated loss, as they represent different scopes of the business.

What is Purple Style Labs’ growth strategy?

Purple Style Labs’ strategy centres on Pernia’s Pop-Up Shop, which the company describes as a global platform for Indian designer brands. Its stated focus includes an omni-channel model, wedding and occasion wear, India’s luxury market and the designer-brand segment.

The investor presentation traces Pernia’s Pop-Up Shop’s development from an online platform to a multi-designer store network and then to large-format retail presence. It also identifies customer growth, increasing wallet share from high-value customers and a sharper luxury focus as priorities under its 2040 plan.

The company has outlined geographic expansion across India and international markets as part of its longer-term plan. It said investments made in FY26 are expected to begin compounding from FY27, while its presentation refers to four large-format experience centres opened during FY26. No quantified revenue or profit targets for FY27 were disclosed in the supplied results summary.

What are the next disclosed events for Purple Style Labs?

Purple Style Labs scheduled an earnings conference call for November 3, 2026, at 12:30 PM IST to discuss the Q2 and H1 FY27 results. Abhishek Agarwal, Promoter, Whole-Time Director and Chief Executive Officer, was listed as a participant for the call.

The company said the results and related material would be hosted on its website. The conference call is the next disclosed forum for management to address the September-quarter numbers, including the consolidated loss, business performance and the stated expansion strategy.

Conclusion

Purple Style Labs delivered a standalone profit of ₹1.55 crore in Q2 FY27 on revenue of ₹22.21 crore, while its consolidated operations reported revenue of ₹142.11 crore and a loss of ₹68.29 crore. The contrast makes consolidated costs, operating performance and the contribution of group businesses central to evaluating the results.

The next item to watch is management’s November 3 earnings call, where investors may seek clarity on the FY26 investments, the four large-format experience centres and the path of consolidated losses. The company’s 2040 expansion plan provides the longer-term framework, but the supplied disclosures do not state near-term financial targets.