Press Release

Sula Vineyards reported Q1 FY27 net revenue of 109.6 Cr, up 3% YoY, driven by 6% growth in Elite & Premium sales and 12% rise in Wine Tourism (15.5 Cr). EBITDA fell 9% YoY to 16.6 Cr due to higher grape costs, though Opex was reduced by 3%. Improved profitability is expected from H2 FY27.