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Latest news about Sula Vineyards

Sula Vineyards Q1: Revenue Flat at INR 118 Crores Amid Urban Demand Softness and Maharashtra Wine Placement Disruption 3 days ago

Sula Vineyards, India's leading wine producer, reported flat Q1 revenue of INR 118.00 crores, adjusting for a one-time gain. Elite and premium wines grew 1% year-on-year, now 75% of own brand revenue. Wine tourism business grew over 20%, with resort occupancy rising to 82%. The company faced profitability challenges due to increased cost of goods sold but expects margin improvement in H2. Sula launched new products, expanded its CSD portfolio, and plans to open a new resort. Despite overall tepid urban demand, several key states showed healthy growth.

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

Sula Vineyards Reports Stable Q1 Revenue, Sees Growth in Wine Tourism Jul 14, 2025

Sula Vineyards: Q1 Revenue Dips, Wine Tourism Shines Jul 11, 2025

Sula Vineyards Invests ₹130 Million in Artisan Spirits Rights Issue Jun 27, 2025

More news about Sula Vineyards

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.