ΔE 22.6, loose: different enough that you should pick on purpose. Lilac Purple is noticeably lighter, much more muted than Warlock Magenta.
Not as a straight swap; see the closer alternatives below. Loose match (ΔE 23). Lilac Purple is noticeably lighter, much more muted than Warlock Magenta.
The same difference applies the other way round: Warlock Magenta is noticeably darker, much more saturated.
ΔE is the colour difference between our two swatch estimates: under about 6 is close, over about 15 is loose. Real paints also differ in finish, coverage and how they thin, so test before you commit.
See Warlock Magenta on the colour wheel See Lilac Purple on the colour wheel
All matches: Warlock Magenta equivalents · Lilac Purple equivalents