Sula Vineyards consolidated net profit declines 4.85% in the March 2024 quarter

Sales rise 8.06% to Rs 122.52 crore

Net profit of Sula Vineyards declined 4.85% to Rs 13.55 crore in the quarter ended March 2024 as against Rs 14.24 crore during the previous quarter ended March 2023. Sales rose 8.06% to Rs 122.52 crore in the quarter ended March 2024 as against Rs 113.38 crore during the previous quarter ended March 2023.

For the full year,net profit rose 11.02% to Rs 93.31 crore in the year ended March 2024 as against Rs 84.05 crore during the previous year ended March 2023. Sales rose 9.92% to Rs 567.73 crore in the year ended March 2024 as against Rs 516.50 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales122.52113.38 8 567.73516.50 10 OPM %24.0527.18 -30.9730.49 - PBDT27.0726.89 1 157.41139.88 13 PBT18.7220.08 -7 125.78113.99 10 NP13.5514.24 -5 93.3184.05 11

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