Summary of Key Information:

Reporting Period (Quarter/Year): Quarter ending June 30, 2026 (Q1 FY27)

Nature of Filing / Announcement: Disclosure under Regulation 30 and 33 of SEBI (LODR) Regulations, 2015 - Outcome of Board Meeting and Unaudited Financial Results

Audit Opinion:

The unaudited financial results were reviewed by the statutory auditors, Walker Chandiok & Co LLP and Shah & Kathariya. The review reports state that based on their review, nothing has come to their attention that causes them to believe that the statements contain any material misstatement. The opinion is clean (unmodified).

Auditor’s Comment:

The auditors highlighted that the figures for the preceding quarter ended March 31, 2026, and the corresponding quarter ended June 30, 2025, were approved by the Board but have not been subjected to audit or review. For the consolidated results, the auditors relied on the review reports of other auditors for two subsidiaries whose financials represented total revenues of INR 122.93 million and a total net loss of INR 151.08 million for the quarter.

Key Financial Highlights [₹ in million]

Standalone Results:

  • Revenue from Operations: 182.62 (Q1 FY27) vs. 186.11 (Q1 FY26) [YoY decrease] vs. 269.22 (Q4 FY26) [QoQ decrease]
  • Total Income: 282.15
  • EBITDA: Not explicitly disclosed; Profit before exceptional item and tax was 38.86
  • Net Profit: (30.32) [Loss]
  • EPS: Basic and Diluted (₹0.44)
  • Other Equity: Not specified for the quarter
  • Cash and Cash Equivalents: Not disclosed
  • Debt: Not explicitly broken out; Finance costs were ₹5.60

Consolidated Results:

  • Revenue from Operations: 1,194.42 (Q1 FY27) vs. 1,057.27 (Q1 FY26) [YoY increase] vs. 1,544.02 (Q4 FY26) [QoQ decrease]
  • Total Income: 1,218.98
  • EBITDA: Not explicitly disclosed; Profit/(loss) before exceptional item and tax was (801.49)
  • Net Profit: (881.26) [Loss], fully attributable to owners of the Holding Company
  • EPS: Basic and Diluted (₹12.92)
  • Other Equity: Not specified for the quarter; Year-ended March 31, 2026, figure was (1,205.13)
  • Cash and Cash Equivalents: Not disclosed
  • Debt: Not explicitly broken out; Finance costs were ₹339.87

Segment-wise Performance:

The Company (Standalone) and the Group (Consolidated) operate as a single reporting segment.

  • Standalone Segment: 'sale of products and providing technical and value added services to designer fashion brands'.
  • Consolidated Segment: 'Sale of multi designer apparel, accessories, jewellery, other lifestyle products and allied services thereto'.

Corporate Actions:

  • Dividend: Not declared.
  • Bonus Issue: A bonus issue was approved in a previous EGM (August 28, 2025) in the ratio of 999 equity shares for each share held. The impact has been adjusted retrospectively in EPS calculations.
  • IPO: Subsequent to the quarter end, the Company completed its Initial Public Offer (IPO). It comprised a fresh issue of 11,826,086 equity shares (face value ₹10 each) at an issue price of ₹575 per share (including a premium of ₹565), aggregating to ₹6,800.00 million. The shares were listed on NSE and BSE on September 7, 2026.

Other Significant Information:

  • Exceptional Items: Standalone exceptional expense of ₹69.18 million and consolidated exceptional expense of ₹79.77 million for the quarter, pertaining to employee compensation expenses for stock option grants [Non-Recurring].
  • Investment in Subsidiary: The Company invested ₹76.26 million in April 2026 to acquire 600 equity shares in its wholly-owned subsidiary, Purple Style Labs UK Limited.
  • IPO Proceeds Utilisation: An update on the utilisation of IPO proceeds will be provided in the next reporting period based on actual utilisation.
  • Entities in Consolidation: The consolidated results include the Holding Company and its subsidiaries: PSL Retail Private Limited (India), Purple Style Labs UK Limited (UK), and Purple Style Labs USA, Inc. (USA, w.e.f. April 16, 2025).