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Latest news about Sula Vineyards

Sula Vineyards Faces ₹6.45 Crore Tax Demand, Plans Appeal Amid Q2 Revenue Decline 1 day ago

Sula Vineyards received a ₹6.45 crore tax assessment order from Nashik authorities for FY 2022-2023. The company plans to appeal. Q2 results show consolidated net revenue down 7.9% to ₹118.30 crore, with own-brand wine revenue declining 10.8%. However, wine tourism revenue grew 21.8% to ₹13.70 crore. The company's stock closed at ₹264.80, down 1.73%. Sula announced a trading window closure from October 1 until 48 hours after Q3 results declaration.

Sula Vineyards Refutes Claims of Premium Spirits Entry and Acquisition Talks Aug 21, 2025

Sula Vineyards Expands into Premium Spirits Market Aug 20, 2025

Sula Vineyards Q1: Revenue Flat at INR 118 Crores Amid Urban Demand Softness and Maharashtra Wine Placement Disruption Aug 14, 2025

Sula Vineyards Reports 7.9% Revenue Growth to Rs 118.3 Cr in Q1 Aug 06, 2025

More news about Sula Vineyards

14Jul 25

Sula Vineyards Reports Stable Q1 Revenue, Sees Growth in Wine Tourism

Sula Vineyards, India's leading wine producer, released its Q1 results showing stable overall revenue. The company's wine tourism segment experienced significant growth with a 21.80% year-over-year increase. Sula also launched a new low-alcohol Muscat wine, expanding its product portfolio in response to changing consumer preferences.

11Jul 25

Sula Vineyards: Q1 Revenue Dips, Wine Tourism Shines

Sula Vineyards, India's largest wine producer, announced an 8% year-over-year decline in Q1 consolidated net revenue to ₹118.30 crore. Own-brand wine revenue fell by 10.8% due to urban consumption slowdown. However, wine tourism revenue grew by 21.8% to ₹13.70 crore. The company launched 'Sula Muscat Blanc', India's first low-alcohol still Muscat wine. Market challenges include persistent urban consumption slowdown and temporary effects from increased excise duties on spirits in Maharashtra.

27Jun 25

Sula Vineyards Invests ₹130 Million in Artisan Spirits Rights Issue

Sula Vineyards, a leading Indian wine producer, has invested ₹130 million (₹13 crore) in a rights issue of Artisan Spirits. This move suggests Sula's potential strategy to diversify its portfolio or strengthen its position in the broader alcoholic beverage sector. The investment could have significant implications for both companies, potentially leading to synergies or new market opportunities.

11Jun 25

Sula Vineyards in Focus as Maharashtra Hikes Excise Duty on Liquor

Maharashtra's state cabinet has approved an increase in excise duty on liquor, potentially leading to higher prices for alcoholic beverages. This decision is expected to impact Sula Vineyards, a prominent wine producer in the state, along with the broader alcoholic beverage industry. The hike may affect pricing strategies, consumer demand, profit margins, and market dynamics for companies in the sector.

10Jun 25

Sula Vineyards Faces Potential Impact as Maharashtra Hikes Alcohol Excise Duty

Maharashtra State Cabinet implements an increase in excise duty on alcohol, potentially affecting Sula Vineyards, India's largest wine producer. The hike is expected to raise liquor prices across the state, impacting sales and market dynamics. Sula Vineyards may need to adjust pricing, face changes in consumer demand, and navigate shifts in market competition. The company's financial performance could be affected, depending on how it adapts to this regulatory change.

08May 25

Sula Vineyards: Q4 Profit Dips, Wine Tourism Revenue Hits Record High

Sula Vineyards, India's leading wine producer, reported a 4.40% year-on-year decline in Q4 net profit to ₹13.00 crore, while revenue increased by 1.00% to ₹133.00 crore. The company achieved record wine tourism revenue of ₹60.30 crore in FY25. Elite and premium wine segments grew by 5.00% year-on-year. Despite profit dip, Sula declared a final dividend of ₹3.60 per share for FY25.

29Apr 25

Sula Vineyards to Consider Q4 Results and Final Dividend on May 8

Sula Vineyards Limited has announced a board meeting on May 8, 2025, to approve Q4 and FY 2024-25 financial results and consider a final dividend declaration. The trading window for company securities will remain closed until May 10, 2025, in compliance with SEBI regulations.

15Apr 25

Sula Vineyards Reports Record Revenue for FY2025, Q4 Performance Flat

Sula Vineyards, India's leading wine producer, announced its FY2025 financial results with a record revenue of ₹618.80 crore, up 1.70% year-over-year. Q4 revenue remained flat at ₹132.60 crore. Wine tourism revenue grew significantly, increasing 24.60% in Q4 and 10.20% for the full year. The company expanded its product range, listing four new wines with the Canteen Stores Department. Sula's share price rose 2.61% to ₹282.70 on the NSE following the results announcement.

11Apr 25

Sula Vineyards Reports Modest Growth in Q4 FY25, Wine Tourism Shines

Sula Vineyards, India's largest wine producer, announced Q4 FY25 results with revenue from operations at ₹132.60 crore, a 0.7% YoY increase. Wine tourism segment grew 24.6% YoY to ₹20.40 crore. Own brands segment declined 2.9%, but Elite category saw 8% growth. Strategic developments include new CSD listings and presence on IndiGo's international business class. The 2025 grape harvest was reported excellent, marking the fifth consecutive strong vintage year.