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Latest news about Sula Vineyards

Sula Vineyards Q3FY26: Revenue INR 196 Cr, Wine Tourism Achieves Record High Growth 2 hrs ago Yesterday

Sula Vineyards delivered mixed Q3FY26 results with revenue of INR 196 crore and EBITDA of INR 32 crore, while net profit declined significantly to INR 9.10 crore. Wine Tourism segment achieved record performance with INR 22 crore revenue, growing 33.7% YoY due to increased footfalls and The Haven resort expansion.

Sula Vineyards Schedules Q3 & 9M FY26 Earnings Conference Call for February 9, 2026 8 days ago

Sula Vineyards Expects Limited Impact from India-EU FTA on Wine Industry 9 days ago

Sula Vineyards Board Meeting Scheduled for February 6, 2026 to Consider Q3FY26 Financial Results 9 days ago

Sula Vineyards Clarifies Recent Volume Surge to Stock Exchanges Dec 26, 2025

More news about Sula Vineyards

24Dec 25

Sula Vineyards Company Secretary and Compliance Officer Resigns Due to Personal Reasons

Ms. Shalaka Koparkar, Company Secretary and Compliance Officer of Sula Vineyards Limited, has resigned due to personal reasons. Her resignation will be effective from December 24, 2025, after serving a three-month notice period. The company has informed stock exchanges about this change in compliance with SEBI regulations and is planning to appoint a suitable replacement.

19Nov 25

ICRA Revises Sula Vineyards' Credit Rating Outlook to Negative

ICRA has reaffirmed credit ratings for Sula Vineyards Limited and its subsidiary Artisan Spirits Private Limited, but revised the outlook from Stable to Negative. This affects various fund-based and non-fund based facilities. The long-term ratings remain at [ICRA]A+, while short-term ratings stay at [ICRA]A1. Separately, Artisan Spirits received a favorable tax rectification order, dropping a demand of INR 21.34 crore.

17Nov 25

Sula Vineyards Reports Stable Q2 FY26 Revenue, Wine Tourism Shines Amid Challenges

Sula Vineyards maintained revenue at INR 140.00 crores in Q2 FY26 despite challenges in the Telangana market. Own Brands segment saw 1.5% volume increase but 2.5% value decline. Wine Tourism business grew 8% in Q2 and 15% in H1 FY26, with improved resort occupancy and visitor numbers. The company launched a new resort, 'The Haven by Sula'. Eight markets delivered strong double-digit growth, and CSD segment revenue doubled year-on-year. Sula expects improved H2 performance and projects 250 basis points improvement in operating margins. Strategic initiatives include expanding The Source range, launching new products, and exploring imported wine distribution opportunities.

11Nov 25

Sula Vineyards Allots Equity Shares Under ESOP, Reports Q2 FY26 Results

Sula Vineyards, India's largest wine producer, announced financial results for Q2 FY26 and allotted 17,200 equity shares under its ESOP 2021. The company's revenue from operations decreased by 1.10% year-over-year to Rs. 139.66 crore, with a 58.50% decline in net profit to Rs. 6.02 crore. Own Brands revenue fell 2.50%, while Wine Tourism revenue grew 7.70%. The company launched a new resort and plans to expand its facilities. Despite challenges in Telangana, Sula expects improved EBITDA margins in H2 FY26.

11Nov 25

Sula Vineyards Reports Steady Q2 FY26 Performance, Shareholders Approve CEO Re-appointment

Sula Vineyards delivered steady Q2 FY26 results with revenue of ₹139.66 crore, while facing temporary market disruption in Telangana. The company's wine tourism segment achieved record performance with strong occupancy rates and revenue growth. Shareholders officially approved CEO Rajeev Samant's re-appointment through postal ballot with overwhelming 92.88% support, ensuring continued leadership stability.

10Nov 25

Sula Vineyards Reports Q2 FY26 Results: Net Profit Declines 58% Amid Stable Revenue

Sula Vineyards, India's largest wine producer, released Q2 FY26 results showing a 58.4% decline in net profit to ₹6.02 crore, despite relatively stable revenue of ₹139.66 crore (-1.1% YoY). EBITDA fell 24.3% to ₹25.50 crore. Wine tourism revenue reached a Q2 record of ₹13.2 crore (+7.7% YoY). The company faced challenges in Telangana due to retail license expiry but expects recovery in H2. CEO Rajeev Samant has been reappointed for a three-year term. Sula launched a new resort and appointed a Global Brand Ambassador & Head of Exports.

14Oct 25

Sula Vineyards Reports Stable Q2 FY26 Revenue; Wine Tourism Hits Record High

Sula Vineyards, India's largest wine producer, reported Q2 FY26 results with overall revenue slightly down by 1.1% year-on-year to INR 139.70 crores. Own Brands revenue declined 2.5% to INR 124.10 crores, primarily due to disruptions in Telangana. However, the Wine Tourism segment saw impressive growth of 7.7%, reaching INR 13.20 crores. The company maintained a strong 78% share of elite and premium wines in its portfolio. Sula launched a new low-alcohol premium wine, Sula Muscat Blanc, and opened its third resort, The Haven by Sula, in Nashik. The company remains optimistic about future growth, citing favorable rainfall for grape harvests in Maharashtra and Karnataka.

26Sept 25

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

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.

21Aug 25

Sula Vineyards Refutes Claims of Premium Spirits Entry and Acquisition Talks

Sula Vineyards, India's leading wine producer, has officially denied media reports suggesting its entry into the premium spirits market through an acquisition. The company issued a clarification to stock exchanges, stating that the news article published on www.cnbctv18.com on August 20 was factually incorrect. Sula Vineyards confirmed that no negotiations or discussions have taken place regarding any acquisition or entry into the premium spirits market. The company attributed recent stock price fluctuations to market forces and reaffirmed its commitment to transparency and regulatory compliance.

20Aug 25

Sula Vineyards Expands into Premium Spirits Market

Sula Vineyards, India's leading wine producer, is diversifying its business by entering the premium spirits sector. This strategic move aims to capitalize on the growing demand for premium spirits in India and strengthen Sula's position in the alcoholic beverage market. The company plans to leverage its strong brand recognition and established distribution network to make a significant impact in this new category. This expansion represents a major diversification for Sula, which has primarily focused on wine production and distribution until now.

14Aug 25

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

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.

06Aug 25

Sula Vineyards Reports 7.9% Revenue Growth to Rs 118.3 Cr in Q1

Sula Vineyards, India's largest wine producer, announced Q1 results with revenue up 7.9% to Rs 118.30 crores. Own brands sales grew 10.8% to Rs 102.30 crores, with premium categories improving to 74.7%. Wine tourism revenue increased 22% to Rs 13.70 crores. However, PAT declined to Rs 1.90 crores from Rs 14.60 crores year-on-year. The company maintained over 50% market share in domestic wines and expanded its facilities.

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.