/hospibuz/media/media_files/2025/01/14/SIKbCmzo8ZGfPG60FaYu.webp)
Jan 14, 2025, Mumbai: Sula Vineyards Limited (NSE: SULA), India’s leading wine producer, announces its Q3 & 9M FY25 Sales Update.
Sula 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 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.
About Sula Vineyards Limited
Sula Vineyards Limited is India’s largest wine company, commanding over 50% of the domestic wine market. With an expansive portfolio of almost 70 labels across various price points and a thriving wine tourism business, including a luxurious resort and wine-themed restaurants in Nashik and near Bangalore - SULA has established itself as the preferred wine brand for discerning Indians.
With five state-of-the-art wineries in Maharashtra and Karnataka, Sula crafts authentic, artisanal wines, producing and distributing over 1 million cases across India annually. We introduced the country’s first Winery Tasting Room in 2005 and opened India’s first vineyard resort in 2010, which today welcomes over 400,000 visitors each year.
At Sula, we are dedicated to leading the Indian wine industry into the future by continuously innovating and launching exciting new products that resonate with the evolving tastes of our customers. Our wines have consistently garnered prestigious awards, including honours at the Decanter World Wine Awards and the International Wine Challenge, underscoring our commitment to quality and innovation. Our commitment extends beyond wine; we are deeply invested in supporting the local rural economy and prioritizing sustainability in all our operations. As one of Asia’s most sustainable wine producers and a Gold Member of the International Wineries for Climate Action (IWCA), Sula is resolutely committed to achieving net-zero emissions by 2050.