Q4 Results: Results of famous wine company released- profit fell, earnings increased slightly but gave dividend of Rs 3.60

News Topical, Digital Desk : Q4 Results: Sula Vineyards has released the results for the fourth quarter of the financial year 2024-25. The company said in the filing that its profits have declined. The company's net profit declined to ₹ 13 crore on a year-on-year (YoY) basis from ₹ 13.6 crore in the same period last year.

According to the filing, the company's total earnings have registered a marginal increase. The earnings figure increased from ₹ 131.7 crore to ₹ 133 crore. However, EBITDA declined to ₹ 28.4 crore from ₹ 29.5 crore in the same quarter last year. EBITDA margin has also declined from 24.1% to 22.6%. Announcement of dividend Along with this, the company has announced a final dividend of ₹ 3.60 per share. A meeting of the Board of Directors of the company is scheduled to be held on Thursday, May 8, 2025. In this meeting, among other things, the annual business statements of the company for the business year ended March 31, 2025 will be considered, approved and taken on record. Further, if deemed fit, the Board of Directors may also consider and approve a proposal to declare a 'final dividend' to equity shareholders for the financial year ended March 31, 2025. Sula Vineyards Limited has previously declared a final dividend for its shareholders. Earlier, the company had declared a dividend of ₹5.25 per share, for which the ex-date was fixed as May 15, 2023. Its record date is also May 15, 2023.

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