India, Sept. 24 -- Pernia's Pop-Up Shop parent Purple Style Labs managed to trim its net loss for the June quarter of fiscal year FY27 (Q1 FY27) by 12% to Rs.88.1 Cr from Rs.100.3 Cr in the year-ago quarter. Sequentially, the recently listed company's net loss jumped 40% from Rs.62.9 Cr loss incurred in Q4 FY26.

Operating revenue for the quarter increased 13% to Rs.119.4 Cr from Rs.105.7 Cr in the year-ago quarter. On a quarter-on-quarter (QoQ) basis, the company's top line dipped 23% from Rs.154.4 Cr.

Including other income of Rs.2.5 Cr, total income for the quarter stood at Rs.121.9 Cr. Meanwhile, expenses rose 32% YoY to Rs.202.1 Cr.

The company incurred an exceptional item loss of Rs.8 Cr in the quarter under review, down about 85%...