Sula Vineyards Invests ₹130 Million in Artisan Spirits Rights Issue 4 days ago
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.
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More news about Sula Vineyards
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.
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.