Sula Vineyards Q2 profit rises 35% to ₹8 crore
In short
Sula Vineyards said its Q2 FY27 net profit rose 35% to ₹8 crore, and revenue grew 3.5% to ₹135.5 crore.
The company also approved new plans through its subsidiary, Artisan Spirits, including de-alcoholised wines and a hotel at York Winery. Investors will watch whether these moves help growth continue.
What the reporting says
Sula Vineyards reported a 35% year-on-year rise in Q2 FY27 net profit to ₹8 crore, while revenue increased 3.5% to ₹135.5 crore. The CNBC TV18 Market summary said premium wine sales and wine tourism growth supported the performance. The board also approved diversification into de-alcoholised wines and a hotel at York Winery through its wholly owned subsidiary, Artisan Spirits.
Why it matters
Sula Vineyards reported Q2 FY27 results with net profit up 35% to ₹8 crore and revenue up 3.5% to ₹135.5 crore. The board also approved diversification into de-alcoholised wines and a hotel at York Winery through Artisan Spirits, adding new business lines beyond wine sales.