Purple Style Labs’ revenue remains flat in FY25; losses up 36%

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Purple Style Labs (PSL), the parent company of luxury fashion platform Pernia’s Pop-Up Shop, has filed DRHP with SEBI to raise Rs 660 crore through IPO. Its financial statement shows the company’s losses widened sharply, largely driven by Rs 123 crore of ESOP-related expenses.

Purple Style Labs’ operating revenue contracted 2.8% to Rs 490 crore in FY25 from Rs 504 crore in FY24, according to its restated consolidated financial statement included in the draft red herring prospectus (DRHP).

psl fy25 graph

 The company generates revenue from the sale of products…



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Purple Style Labs’ revenue remains flat in FY25; losses up 36%


Purple Style Labs (PSL), the parent company of luxury fashion platform Pernia’s Pop-Up Shop, has filed DRHP with SEBI to raise Rs 660 crore through IPO. Its financial statement shows the company’s losses widened sharply, largely driven by Rs 123 crore of ESOP-related expenses.

Purple Style Labs’ operating revenue contracted 2.8% to Rs 490 crore in FY25 from Rs 504 crore in FY24, according to its restated consolidated financial statement included in the draft red herring prospectus (DRHP).

psl fy25 graph

 The company generates revenue from the sale of products…



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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