Categories AlphaGraphs, Consumer, Earnings

Sula Vineyards Ltd Q4FY24; 18% fall in Profits

Incorporated in 2003, Sula Vineyards Limited is India’s largest wine producer and seller as of March 31, 2022. The company also distributes wines under a bouquet of popular brands including “RASA,” “Dindori”, “The source,” “Satori”, “Madera” & “Dia” with its flagship brand “Sula” being the “category creator” of wine in India.

Financial Results:

Sula Vineyards Ltd reported Revenues for Q4FY24 of ₹117.00 Crores up from ₹110.00 Crore year on year, a rise of 6.36%.

Total Expenses for Q4FY24 of ₹104.00 Crores up from ₹89.00 Crores year on year, a rise of 16.85%.

Consolidated Net Profit of ₹14.00 Crores down 17.65% from ₹17.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.62, down 17.35% from ₹1.96 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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