Press Release10 Jul 2024, 10:14 pm
Sula Vineyards Reports Highest Ever Q1 Net Revenue and Own Brands Revenue, Announces New Marketing Head
AI Summary
Sula Vineyards Limited, India's largest wine producer, announced its highest ever Q1 Net Revenue and Own Brands Revenue, despite challenges from dry days and heatwave conditions. The company also appointed Omprakash Singh as Head of Marketing and began bottling at a new unit. Sula plans to transition its Economy and Popular brands to a third-party sales force model to focus on Elite and Premium brands.
Key Highlights
- Highest ever Q1 Net Revenue and Own Brands Revenue
- Impact of dry days and heatwave conditions
- Appointment of Omprakash Singh as Head of Marketing
- Beginning of bottling at new unit
- Transition of Economy and Popular brands to third-party sales force model