Pernia's Pop-Up Shop Narrows Q2 Loss By 13% To Rs.68.3 Cr, Revenue Up 31%
India, Nov. 2 -- Pernia's Pop-Up Shop parent Purple Style Labs narrowed its consolidated net loss for the September quarter by 12.9% YoY to Rs.68.3 Cr from Rs.78.4 Cr loss incurred in the year-ago period. Sequentially, net loss went down by 22.5% from Rs.88.1 Cr.
Operating revenue for the quarter grew 30.7% YoY to Rs.142.1 Cr from Rs.108.7 Cr, and 19% QoQ from Rs.119.4 Cr. Including other income of Rs.3.9 Cr, it recorded a total income of Rs.146 Cr during the quarter.
The company reported an exceptional expense of Rs.3.1 Cr during the quarter, resulting in a total comprehensive loss of Rs.69.3 Cr.
"Exceptional item pertains to employee compensation expenses towards grant of employee stock options to eligible employees of the group and ...
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