Sula Vineyards Reports Q4 Profit Decline Amidst Record Tourism Revenue

Sula Vineyards Reports Q4 Profit Decline Amidst Record Tourism Revenue

Financial Performance Overview Sula Vineyards Ltd, India’s leading wine producer, reported a 34% decline in quarterly profit for the period ending March 2024, despite achieving record-breaking revenue from its wine tourism segment. Following the announcement, the company’s shares on the BSE closed at ₹173.10, marking a modest gain of 1.35% as investors weighed the mixed…

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