Sula Adds 4.5 Lakh Litre Capacity With Chandon’s Wine Estate Acquisition
The transaction structured as an asset purchase agreement, covers land, building and winemaking infrastructure, while excluding all brand-related assets
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Unseasonal Rains To Have Zero Impact On Sula Vineyards’ Business, Says CEO
- by BW Retail World Bureau
- November 30, 2023
Domestic wine producer Sula Vineyards stated on Wednesday that the recent unexpected rains in Nasik will not significantly affect its business, despite some damage to vineyards. According to Sula Vineyards CEO Rajeev Samant in a regulatory filing, the net impact of these rains has actually been positive in many ways, providing much-needed water to rain-deficient […]
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Sula Vineyards Posts 21.9% Growth In Revenue To Rs 553.2 Cr, Announces Dividend
- by BW Retail World Bureau
- May 16, 2023
Sula Vineyards posts Rs 553.2 crore revenue from operations at a strong 21.9 per cent growth in the financial year 2023. Given the strong financial performance, the Board has recommended a final dividend of Rs 5.25 per share. Revenue from elite and premium wines grew at 29.3 per cent while the economy and popular wines […]