Sula Vineyards Q1 numbers falter amid soft demand, pre-excise hike measures

Sula Vineyards reported an 87% YoY drop in Q1 FY26 profit to ₹1.94 crore, with revenue down 7.8% amid weak urban demand and trade pre-stocking in Maharashtra. Shares of the company ended lower on Wednesday (August 6) by 0.94% to ₹278.20 on the NSE.

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