Loss Surges 3X YoY To INR 189 Cr

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SUMMARY

As per its DRHP, Pernia’s Pop-Up Shop saw its losses balloon by 295% in FY25 to INR 188.6 Cr from INR 47.7 Cr

Meanwhile, its top line shrink in FY25 by 3% to INR 490 Cr from INR 504.4 Cr operating revenue reported in FY24

The company’s loss surged on account of an exceptional item expense of INR 122.8 Cr in the fiscal year

IPO-bound Pernia’s Pop-Up Shop parent Purple Style Labs plunged deeper into loss in the run up to filing its draft red herring prospectus with the markets regulator SEBI.

The company’s draft…



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Loss Surges 3X YoY To INR 189 Cr


SUMMARY

As per its DRHP, Pernia’s Pop-Up Shop saw its losses balloon by 295% in FY25 to INR 188.6 Cr from INR 47.7 Cr

Meanwhile, its top line shrink in FY25 by 3% to INR 490 Cr from INR 504.4 Cr operating revenue reported in FY24

The company’s loss surged on account of an exceptional item expense of INR 122.8 Cr in the fiscal year

IPO-bound Pernia’s Pop-Up Shop parent Purple Style Labs plunged deeper into loss in the run up to filing its draft red herring prospectus with the markets regulator SEBI.

The company’s draft…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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