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Wine manufacturing company Sula Vineyards has released the sales figures for the second quarter of the financial year. According to the company, it has recorded record performance during the quarter. According to the company, during this period it has recorded the highest revenue ever from Own Brands and Wine Tourism. According to the company, the elite and premium portfolio helped in this growth. The company has released the sales figures after the market closed on Friday. In Friday's trading, the stock closed with a decline of 1.68 percent on BSE.
How was the company's performance?
The company has informed that in the second quarter of the current financial year, Own Brands revenue was Rs 127.2 crore. In the same quarter last year, this figure was Rs 126.8 crore. Whereas in the first two quarters, the revenue was Rs 241.8 crore. A year ago, the half-year revenue was Rs 228.5 crore. That is, there has been a growth of 5.8 percent in it. Income from wine tourism in the second quarter was Rs 12.2 crore, which was Rs 12.1 crore a year ago. At the same time, income from wine tourism in the first half was Rs 23.5 crore, which was Rs 23.6 crore a year ago. That is, income from wine tourism has fallen a bit on a year-on-year basis in the first half. According to the company, if brand revenue, wine tourism and other income are combined, then the total income during the quarter has decreased by 1.3 percent to Rs 141.8 crore compared to last year. A year ago, this figure was Rs 143.7 crore. However, in the first half, the company's total income rose 3.7 percent to Rs 271.5 crore compared to last year. How was the stock's performance? In Friday's trading, the stock closed at 442 with a decline of 1.68 percent on the BSE. During trading, the stock had fallen to the level of 437. The stock is currently close to the year's low of 405.3, which was recorded on September 4 last month. The year's highest level is 699, which was recorded on January 9. A year ago, the stock was close to the level of 475.
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