eCommerce
Loss Surges 3X YoY To INR 189 Cr
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SUMMARY
As per its DRHP, Pernia’s Pop-Up Shop saw its losses balloon by 295% in FY25 to INR 188.6 Cr from INR 47.7 Cr
Meanwhile, its top line shrink in FY25 by 3% to INR 490 Cr from INR 504.4 Cr operating revenue reported in FY24
The company’s loss surged on account of an exceptional item expense of INR 122.8 Cr in the fiscal year
IPO-bound Pernia’s Pop-Up Shop parent Purple Style Labs plunged deeper into loss in the run up to filing its draft red herring prospectus with the markets regulator SEBI.
The company’s draft…
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