5449012026-07-012026-09-305449012026-09-305449012026-03-315449012026-04-012026-09-305449012026-07-012026-09-30in-capmkt:OtherExpenses1Member5449012026-04-012026-09-30in-capmkt:OtherExpenses1Member5449012026-09-30OtherNoncurrentFinancialAssetsDomain15449012026-09-30OtherNoncurrentAssetsDomain15449012026-09-30OtherNoncurrentAssetsDomain25449012026-09-30OtherCurrentFinancialAssetsDomain15449012026-09-30OtherCurrentAssetsDomain15449012026-09-30OtherNoncurrentFinancialLiabilitiesDomain15449012026-09-30OtherCurrentFinancialLiabilitiesDomain15449012026-09-30OtherCurrentFinancialLiabilitiesDomain25449012026-09-30OtherCurrentLiabilitiesDomain15449012026-07-012026-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15449012026-04-012026-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15449012026-07-012026-09-30ItemsThatWillBeReclassifiedToProfitAndLoss15449012026-04-012026-09-30ItemsThatWillBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares544901PERNIASPOPNOTLISTEDINE0I1B01016PURPLE STYLE LABS LIMITEDMain BoardEquity2026-04-012027-03-312026-11-022026-10-28INRMillionsQuarterlySecond quarterSingle segmentSale of multi designer apparel, accessories, jewellery, other lifestyle products and allied services thereto2026-11-0216:00:002026-11-0218:00:00trueCash Flow IndirectNot applicable2026-07-012026-09-30UnauditedConsolidated142107000038750000145982000049700001183680000-3706400002796000003393600003528200003219100002111700000-651880000-31060000-6829400000000-6829400000000-682940000-10300000-69324000080061000010-9.51-9.5100-9.51-9.51Notes to Unaudited Consolidated Financial Results for the Quarter and Six months ended 30 September 2026 <br /> <br /> 1.The above unaudited consolidated financial results (“financial results”) of Purple Style Labs Limited (“the Holding Company”) and its subsidiaries (together with the Holding Company referred to as the "Group") have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 - Interim Financial Reporting (“Ind AS 34”), prescribed under Section 133 of the Companies Act, 2013 (the “Act”), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulations 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015 (as amended). <br /> <br /> 2.These financial results of the Group have been reviewed by the Audit Committee and approved by the Board of Directors in their respective meetings held on 2 November 2026. These financial results have been subjected to limited review by statutory auditor, who have expressed an unmodified conclusion on the same. Following is the list of subsidiaries forming part of the financial results, each being a wholly owned subsidiary of the Holding Company: <br /> a) PSL Retail Private Limited (incorporated in India) <br /> b) Purple Style Labs UK Limited (incorporated in United Kingdom) <br /> c) Purple Style Labs USA, Inc. (incorporated in United States of America) (w.e.f 16 April 2025) <br /> <br /> 3. During the year ended 31 March 2026, the members of the Holding Company in an Extraordinary General Meeting held on 28 August 2025, approved the issuance of bonus shares in the ratio of 999 equity shares for each equity share held on the record date of 29 August 2025. As a consequence of this bonus issue, the conversion ratio of compulsorily convertible preference shares was proportionately adjusted to ensure that there is no dilution in the value of compulsorily convertible preference shares. Separately, the holders of employee stock options are entitled to such bonus shares at the time of exercise of the options held by them. In accordance with Ind AS 33 – 'Earnings per Share', the impact of aforesaid bonus issue has been adjusted retrospectively in the EPS in the financial results for the quarter and six months ended 30 September 2025. <br /> <br /> 4. During the quarter ended 30 September 2026, the Holding Company has completed its initial public offer (IPO) comprising entirely of a fresh issue of 11,826,086 equity shares of face value Rs. 10 each at an issue price of Rs. 575 per equity share (including a share premium of Rs. 565 per equity share) aggregating Rs. 6,800.00 million. The Holding Company's equity shares were listed on National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) on 07 September 2026. <br /> Out of the total proceeds raised through the fresh issue pursuant to the IPO, Rs. 1,407.40 million has been utilised up to 30 September 2026 towards the objects of the Offer as disclosed in the Offer Document. <br /> <br /> The unutilised amounts as at 30 September 2026, are temporarily invested in fixed deposits of Rs. 5,285.50 million and the balance amount is lying in monitoring accounts and public issue account of the Group. <br /> <br /> 5. The Group primarily operates under the business segment, 'Sale of multi designer apparel, accessories, jewellery, other lifestyle products and allied services thereto'. The CODM reviews the operating results of the Group primarily on overall level as one segment. Accordingly, with respect to Ind AS 108 - 'Operating Segments' as specified under Section 133 of the Act, the above segment constitutes a single reporting segment. <br /> <br /> 6. Exceptional item pertains to employee compensation expenses towards grant of employee stock options to eligible employees of the Group and expense incurred towards fees paid for increase in authorised capital of a subsidiary. <br /> <br /> 7. Figures for the quarter and six months ended 30 September 2025 have not been subjected to audit or review by the statutory auditors. However, the Board of Directors and Management have exercised due care and diligence to ensure that the unaudited financial results for the said period present a true and fair view of the Group’s financial performance and financial position. <br /> <br /> 8. Figures for the previous period/year have been regrouped/reclassified wherever necessary to conform to the current period's classification. <br /> <br /> For and on behalf of the Board of Directors <br /> of Purple Style Labs Limited <br /> <br /> <br /> Sd/- <br /> <br /> Abhishek Agarwal <br /> Whole-time director and <br /> Chief Executive Officer <br /> DIN: 07237807 <br /> <br /> Place: Mumbai <br /> Date: 2 November 2026 <br /> 2026-04-012026-09-30UnauditedConsolidated261549000063310000267880000086700001900890000-3243000005315100006792300007012400006349300004132170000-1453370000-110830000-15642000000000-15642000000000-1564200000-12100000-157630000080061000010-22.33-22.3300-22.33-22.33Other Operating Expenses321910000Other Operating Expenses634930000426269000000581300001211000000000102200004614800004717000001379600004942590000195798000005147000074762000047396100009420000160130000570825000009526700008618900000001356149000080061000034220200004222630000042226300000000308222000030822200004931000000313153000039367900002258800004509600006768400007506000005364230000832930000101700006207330000933886000013561490000Other financial assets461480000Non current tax assets (net)11460000Other non-current assets126500000Other financial assets160130000Other current assets952670000Lease liabilities3082220000Lease liabilities716030000Other financial liabilities34570000Other current liabilities832930000678950000-324220000-195800000-162180000-5529000015700000-274700000226180000037004000007012400000192000058300005820000000544100008585000000-53700000-794000001435070000-12913000000025300000-131660000000000002000066630000000000000000000000133200000-4740620000-4793910000006800000000000002644200000238316000060128000003840100000-55829000055174600005918900000591890000155730000747620000Remeasurement of the defined benefit plans-2200000-2200000Remeasurement of the defined benefit plans-4160000-416000000Exchange difference on translation of Foreign operation-8100000-8100000Exchange difference on translation of Foreign operation-7940000-794000000-10300000-12100000