Sula Vineyards Reports Stable Q1FY26 Revenue, Wine Tourism Soars with 22% YoY Growth

Sula Vineyards Limited, India’s largest wine producer, announced Q1 FY26 Results. Despite urban demand softness and a lower trade placement of wine in June'25, the company reported steady revenue from operations. Own Brands growth was muted, but the share of Elite & Premium increased to 74.7%. Wine Tourism remains a bright spot, growing 22% YoY. The company is focused on delivering healthy operating profit growth for the rest of FY26 and has launched India’s first aromatic low-alcohol still Muscat wine - Sula Muscat Blanc. Sula Vineyards commands over 50% of the domestic wine market and has won numerous prestigious awards for its wines.