Sula Vineyard's revenue for the quarter ended March 31, 2025 stood at Rs 132.6 crore, almost flat as compared to Rs 131.7 crore in the year-ago period, as per the provisional data shared by the company on Friday.
The winery's revenue from its "own brands" slipped by 2.9% to Rs 109.6 crore from Rs 112.9 crore in the corresponding period of the past fiscal.
The Nashik-based company's wine tourism segment garnered a revenue of Rs 20.4 crore, up 24.6% as against Rs 131.7 crore in the year-ago period, the release added.
For the entire fiscal year 2024-25, Sula Vineyards claimed that it recorded an all-time high revenue, with wine tourism segment of its business logging a double digit growth.
The company's overall revenue came in at Rs 618.8 crore for the fiscal 2025, representing a 1.7% growth from Rs 608.7 crore for the previous financial year 2024.
Revenue from its wine tourism business rose by 10.2% to Rs 60.3 crore for as compared to Rs 54.7 crore in fiscal 2024.
The company recorded Rs 546.2 crore in revenue from its own brands in fiscal 2025, marking a 2.2% growth compared to Rs 534.2 crore in fiscal 2024, it added.
Sula Vineyards, in its release, also noted that it secured the listing of four new wines with Canteen Stores Department. This includes Dindori Reserve Shiraz, RASA Syrah, The Source Grenache Rosé, and Sula Riesling, taking the total to nine wines.
Before the quarterly business updates were shared, shares of Sula Vineyards closed 3.2% higher at Rs 275.5 apiece on the NSE, compared to a 1.92% rise in the benchmark Nifty 50. The stock has fallen 51.73% in the last 12 months and 33.89% year-to-date.
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