India's biggest winemaker Sula Vineyards reported a 35 per cent fall in third-quarter profit to Rs 28.06 crore in the quarter ending December 31, 2024, from Rs 42.98 crore a year ago
Sula's consolidated net profit fell to Rs 28.06 crore ($3.2 million) in the quarter ending Dec. 31, from Rs 42.98 crore a year ago
Sula Vineyards share price gained 3.87 per cent at Rs 389 a piece on the BSE in Wednesday's intraday trade
Sula Vineyard's profit plummeted 37.3 per cent year-on-year (Y-o-Y) to Rs 14.5 crore in Q2FY25, from Rs 23.1 crore in Q2FY24
The BSE Smallcap index slipped 2.5% or 1,346 points to 52,258 in Wednesday's intra-day trade and down 6.7% in the past one week as sustained FIIs selling and earnings disappointment weighed.
Sula's consolidated net profit fell to Rs 14.48 crore ($1.72 million) in the quarter ended Sept. 30, from Rs 23.09 crore a year ago