Sula Vineyards said that its net revenue grew by 9.7% to 129.6 crore in Q1 FY25 as against Rs 118.2 crore reported in the same period a year ago.
The company's own brands sales stood at Rs 104.4 crore in Q1 FY25, registering a growth of 2.7% year on year.
On the other hand, Wine tourism business declined 2.5% to Rs 11.3 crore in the June quarter from Rs 11.5 crore posted in Q1 FY24.
Sula CEO Rajeev Samant stated, “We are pleased to announce our highest ever Q1 net revenue, although wine consumption and tourism during the quarter were impacted by several dry days nationwide and locally during the Lok Sabha elections and the scorching heatwave conditions.
I am also pleased to announce the appointment of Omprakash Singh as Head of Marketing. With a wealth of experience in ...
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