Sula Vineyards Reports Revenue of INR 196 Cr and EBITDA of INR 32 Cr; Wine Tourism Delivers Strong Double-Digit Growth

Sula Vineyards, India's largest wine producer, announced its Q3 & 9M FY26 Results. Q3 FY26 Revenue from Operations was INR 196 Cr, a 9.7% YoY increase. Excluding a one-time destocking impact, Q3 FY26 revenue is flat on a YoY basis. The Elite & Premium share remained stable at 80%. Wine Tourism revenue reached an all-time high of INR 22.0 Cr in Q3 FY26, a 33.7% YoY increase, driven by double-digit growth in footfalls and the launch of a new resort. The Company believes revenue and profitability have bottomed out in Q3 with better days ahead.