India's largest and only listed wine producer said that its net revenue grew by 10% to 131.8 crore in Q4 FY24 as against Rs 120 crore reported in the same period a year ago.
The company's own brands sales stood at Rs 113 crore in Q4 FY24, registering a growth of 9% year on year.
Wine tourism business jumped 31% to Rs 16.4 crore in the fourth quarter of FY24 from Rs 12.5 crore posted in Q4 FY23.
During FY24, net revenue increased by 10% YoY to Rs 608.6 crore. For FY24, the firm’s own brands sales grew 11% YoY while wine tourism business climbed 22% YoY.
Elite and Premium own brands grew over 15% YoY in Q2 FY24 and FY24.
Rajeev Samant, CEO, Sula Vineyards, stated, “Our focus on premiumization continues to deliver results and we are pleased to announce yet another quart...
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