Sula Vineyards slipped 4.09% to Rs 350.60 after the company's consolidated net profit fell 34.71% to Rs 28.06 crore in Q3 FY25 as against Rs 42.98 crore posted in Q3 FY24.
Sula's performance has remained subdued this financial year due to multiple challenges including regulatory hurdles in some states and a slowdown in urban consumption.
Sula Vineyards announced its results for the quarter ended December 2024 on Wednesday. The company said that its Q3 net profit slipped as much as 34.90% to ₹28 Crore against ₹43 Crore in the previous ...