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Sula Vineyards Slips After Reporting Marginal Decline in Q2 Revenue

Sandy Verma October 16, 2025 03:24 AM

Mumbai, October 15 (Read): Shares of Sula Vineyards edged lower after the company reported a marginal 1.1% year-on-year decline in revenue from operations for the second quarter ended September 30, 2025 (Q2FY26). The stock was trading at Rs. 248.85down by 1.05 points or 0.42% from its previous close of Rs. 249.90 on the BSE.

The scrip opened at Rs. 249.90 and recorded a high of Rs. 249.90 and a low of Rs. 248.05 during the session. Around 11,242 shares were traded on the counter. The BSE Group ‘A’ stock, with a face value of Rs. 2, has touched a 52-week high of Rs. 456.00 (11-Dec-2024) and a 52-week low of Rs. 242.55 (03-Mar-2025).

In the past week, the stock traded between Rs. 264.20 and Rs. 247.65. The company’s current market capitalisation stands at Rs. 2,102.31 crore. Promoters hold 24.35%while institutional and non-institutional investors hold 22.05% and 53.59%respectively.

For Q2FY26, Sula Vineyards reported a revenue from operations of Rs. 139.7 crorecompared to Rs. 141.2 crore in the corresponding quarter last year. The company’s Own Brands sales declined 2.5% year-on-year to Rs. 124.1 croreas against Rs. 127.3 crore in Q2FY25.

However, the company’s wine tourism business showed positive momentum, rising 7.7% year-on-year to Rs. 13.2 crorecompared to Rs. 12.2 crore a year ago. Other revenue stood at Rs. 2.3 crore during the quarter, while the overall H1FY26 revenue amounted to Rs. 258 crore.

Sula Vineyards remains India’s largest wine producer and sellerholding a leadership position across all four price segments — Elite, Premium, Economy, and Popular — as well as across wine categories including red, white, and sparkling wines.

Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Readhis insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.