Sula Vineyards' Q3 FY 2025-26 Quarterly Results
- 07 Feb 2026
Result Summary
- Sula Vineyards Ltd reported a 37.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 9.8%.
- Its expenses for the quarter were up by 35.3% QoQ and 2.0% YoY.
- The net profit increased 51.2% QoQ and decreased 67.6% YoY.
- The earnings per share (EPS) of Sula Vineyards Ltd stood at 1.08 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 181.32 | 131.74 | 201.05 | 37.6% | -9.8% |
Total Expenses | 167.06 | 123.47 | 163.84 | 35.3% | 2.0% |
Profit Before Tax | 12.56 | 8.27 | 37.21 | 51.9% | -66.2% |
Tax | 3.46 | 2.25 | 9.15 | 53.8% | -62.2% |
Profit After Tax | 9.10 | 6.02 | 28.06 | 51.2% | -67.6% |
Earnings Per Share | 1.08 | 0.71 | 3.32 | 52.1% | -67.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Sula Vineyards Ltd is a prominent player in the wine industry, primarily engaged in the production and distribution of wines. Founded in 1999, the company has established itself as a leading wine producer in India, known for its diverse range of wines including reds, whites, rosés, and sparkling wines. Sula Vineyards is recognized for its innovation in winemaking and its commitment to quality, which has been instrumental in its growth and market penetration. The company operates in an industry characterized by evolving consumer preferences and increasing demand for premium alcoholic beverages. Any recent major developments for Sula Vineyards Ltd are not available within the provided information.
Revenue
In Q3FY26, Sula Vineyards reported a total income of ₹181.32 crores, reflecting a 37.6% increase from the previous quarter (Q2FY26) where the total income was ₹131.74 crores. However, when compared to the same quarter in the previous year (Q3FY25), there was a 9.8% decrease from ₹201.05 crores. This indicates a significant quarter-over-quarter growth in revenue, while the year-over-year performance shows a decline. The fluctuations in revenue can be attributed to various market dynamics, including seasonal demand and competitive pressures in the wine industry.
Profitability
For the quarter ended Q3FY26, Sula Vineyards posted a profit before tax of ₹12.56 crores, up 51.9% from ₹8.27 crores in Q2FY26. However, this figure marks a substantial decline of 66.2% from the ₹37.21 crores reported in Q3FY25. The profit after tax for Q3FY26 was ₹9.10 crores, representing a 51.2% increase from the previous quarter's ₹6.02 crores, yet a 67.6% decrease compared to the ₹28.06 crores in Q3FY25. These figures illustrate a robust quarter-over-quarter increase in profitability, but a notable year-over-year contraction. The earnings per share for Q3FY26 were ₹1.08, up 52.1% from ₹0.71 in Q2FY26, and down 67.5% from ₹3.32 in Q3FY25, aligning with the trends observed in net income.
Operating Metrics
Sula Vineyards' total expenses for Q3FY26 amounted to ₹167.06 crores, marking a 35.3% increase from Q2FY26's ₹123.47 crores, and a slight year-over-year increase of 2.0% from ₹163.84 crores in Q3FY25. The increase in expenses on a quarter-over-quarter basis is proportionate with the revenue growth, indicating higher operational activity. The tax expense for the quarter was ₹3.46 crores, which is 53.8% higher than the ₹2.25 crores in Q2FY26, but 62.2% lower than the ₹9.15 crores in Q3FY25. These operating metrics highlight significant quarter-over-quarter activity, while reflecting year-over-year changes that align with the overall profitability trends.