Image Source: NDTV profit
Sula Vineyards Ltd has announced its Q4 FY25 results, demonstrating resilience in revenue, a consistent net profit, and a bountiful final dividend, while its core brand sales dipped modestly.
Highlights:
Q4 Revenue Remains Steady
Sula Vineyards reported Q4 FY25 consolidated revenue from operations of ₹1.33 billion (₹133 crore), almost level with ₹1.32 billion in the same quarter last year. The wine tourism business of the company was a highlight, with sales growing 24.6% year-on-year to ₹204 million, balancing out a 2.9% decline in own-brand sales.
Net Profit and Margins
Net profit for the quarter was ₹130.3 million (₹13.03 crore), with steady margins in spite of increased input costs and a competitive market situation. For the entire fiscal year, Sula recorded record overall revenue of ₹6.19 billion, up 1.7% year-on-year.
Dividend Delight:
The Board suggested a final dividend of ₹3.60 per share for FY25, as a reward to shareholders for their ongoing support. This is in line with a strong dividend history, with the company paying regular dividends.
Portfolio and Market Expansion:
Sula continued to innovate, gaining listings for four new wines with the Canteen Stores Department and growing its Elite category, which recorded 8% YoY growth. The Source range also recorded strong double-digit gains.
Outlook:
With an expanding tourism business and emphasis on premiumization, Sula Vineyards is well-placed to grab future growth in India's changing wine market.
Source: Moneycontrol, Capital Market, Blinkx, Wealthy
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