Sula Vineyards announces the departure of Abhishek Kapoor as CFO, effective July 14, 2026. Rinku More, an existing team member with 8 years' experience at the company, will take over as CFO from July 15, 2026.

Sula Vineyards has released its Q4 financial results. Essential highlights are available on ET NOW, offering insights into their performance and stock market developments.

Sula Vineyards' shares dipped despite a 7.1% revenue increase in Q4, as profit after tax decreased by 34%. The decline could be attributed to escalating costs and shrinking margins, leading to cautious investor sentiment.

Despite a decline in Q4 net profit (down to ₹86M), Sula Vineyards managed to boost its quarterly revenue by 9% (up to ₹1.42B) compared to the same period last year.

Sula Vineyards announces a final dividend payment of INR 2 per share, offering additional returns to its shareholders.

Sula Vineyards experienced a 7% increase in Q4 revenue this fiscal year, primarily due to strong performance from their own brands. Notably, wine tourism revenue jumped 17%, but increased grape costs led to a decline in profit margins.

Sula Vineyards reports a revenue of INR 619.38 crore and a net profit of INR 70.2 crore for FY26. However, the company has reduced its final dividend per share from last year's INR 3.6 to INR 2, with the Annual General Meeting scheduled for June 25, and the record date set for May 21.

Sula Vineyards' cost-cutting measures have paid off, with the company reporting a more optimistic forecast for fiscal year 2027. This could be an indication of improved financial health and strategic cost management by the firm.

Vaishali Parekh suggests investing in Vedanta, IOC, and Sula Vineyards with specified price targets and safety measures. The Nifty market is expected to start conservatively today, while investors wait for Bank of Japan's interest rate decision and the outcome from the US Fed.

Sula Vineyards partners with Chandon to increase wine production, capitalizing on Gen Z's growing preference for wine in India's thriving market.