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Sula Vineyards Records Q3 FY25 Revenue of Rs. 217 Crore

  • January 16, 2025
  • 1 min read

The wine tourism business demonstrated strong momentum recording highest ever Q3 revenue

Sula Vineyards Limited, India’s leading wine producer, reported its highest ever Own Brands revenue in Q3 FY25. The Elite & Premium portfolio recorded a 6% YoY growth, led by a strong double-digit growth in iconic brands – The Source and RASA. The company registered marginal drop in its Q3 FY25 revenue at Rs. 217.3 as compared to Rs. 219 crore in Q3 FY24.

The wine tourism business demonstrated strong momentum recording highest ever Q3 revenue, led by higher spend per guest and strong occupancy rates.

The company looks forward to the return of SulaFest in Q4, for which excitement is building and advance ticket sales have been strong. The current edition will feature India’s most loved artists, including Divine, Ritviz x Karan Kanchan, Oaff & Savera, When Chai Met Toast, Dualist Inquiry, and Madboy/Mink. The Sula cans will make their festival debut in SulaFest ’25.

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TH Bureau

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