India's Sula Vineyards falls after quarterly profit declines

Sula Vineyards

07/08/2026 05:46

** Shares of India's Sula Vineyards SULA.NS fall 4.6% to 159.78 rupees
** Stock on track for its biggest pct loss since March 30, 2026
** Indian winemaker reports June-quarter consolidated net profit of 10.6 million rupees, down 45.4% from 19.4 million rupees a year earlier
** Consolidated revenue from operations rises 2.5% Y/Y 
** Stock down 26.1% YTD


 (Reporting by Payel Das in Bengaluru)
 ((Payel.das@thomsonreuters.com))