Purple Style Labs Ltd — earnings calls

Purple Style Labs reported Q1 FY27 GMV of INR193 crores versus INR133 crores a year earlier, with average order value rising to INR86,000 from INR66,000. Revenue from operations grew to INR119 crores from INR106 crores, while EBITDA was negative INR11 crores compared to negative INR4 crores in the prior-year quarter due to costs from four new large experience centers. Management also reported reductions in inventory and net working capital alongside an increase in borrowings during the quarter.