Sula Vineyards' Q2 FY 2025-26 Quarterly Results

Result Summary

• Sula Vineyards Ltd reported a 19.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 1.0%.
• Its expenses for the quarter were up by 14.3% QoQ and 7.3% YoY.
• The net profit increased 210.3% QoQ and decreased 58.4% YoY.
• The earnings per share (EPS) of Sula Vineyards Ltd stood at 0.71 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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, known for its diverse collection of wines and vineyards in India. As a leader in the market, Sula has established itself through a variety of products ranging from red, white, and sparkling wines to fortified and dessert wines. The company also engages in wine tourism, offering experiences such as vineyard tours, tastings, and hospitality services at its winery. As of now, there are no specific recent developments available. The company continues to operate in a competitive landscape, focusing on expanding its market presence and enhancing its product offerings.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), Sula Vineyards Ltd reported a total income of ₹131.74 crores. This marks a 19.1% increase compared to the previous quarter (Q1FY26), where the total income was ₹110.62 crores. However, when compared to the same quarter in the previous fiscal year (Q2FY25), the total income saw a slight decrease of 1.0% from ₹133.12 crores. This shift in revenue patterns reflects the dynamic nature of the market and the company's performance over the past year.

Profitability

The profitability metrics for Sula Vineyards Ltd during Q2FY26 show significant changes. The profit before tax stood at ₹8.27 crores, which represents a substantial quarter-over-quarter increase of 223.0% from ₹2.56 crores in Q1FY26. Year-over-year, however, this figure decreased by 54.3% from ₹18.08 crores in Q2FY25. The profit after tax in Q2FY26 was ₹6.02 crores, showing a remarkable increase of 210.3% from the previous quarter's ₹1.94 crores, yet a 58.4% decline from ₹14.48 crores in the same quarter last year. The earnings per share followed a similar pattern, increasing to ₹0.71 from ₹0.23 QoQ but decreasing from ₹1.72 YoY, with percentage changes of 208.7% and -58.7%, respectively.

Operating Metrics

Operating expenses for Sula Vineyards Ltd in Q2FY26 were reported at ₹123.47 crores, reflecting a 14.3% increase compared to ₹108.06 crores in Q1FY26. Year-over-year, total expenses increased by 7.3% from ₹115.04 crores in Q2FY25. The tax expense for the quarter was ₹2.25 crores, which increased by 262.9% QoQ from ₹0.62 crores and decreased by 37.5% YoY from ₹3.60 crores. These figures highlight the fluctuations in operational costs and tax liabilities over the different periods.