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Sula Vineyards reports marginal fall in Q4 consolidated net profit
May-09-2024

Sula Vineyards has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The company has reported 17.64% fall in its net profit at Rs 13.63 crore for the quarter under review as compared to Rs 16.55 crore for the same quarter in the previous year. However, total income of the company increased by 10.35% at Rs 130.97 crore for Q4FY24 as compared Rs 118.69 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 4.85% fall in its net profit at Rs 13.55 crore for fourth quarter ended March 31, 2024 as compared to Rs 14.24 crore for the same quarter in the previous year. However, total income of the company increased by 12.11% at Rs 135.55 crore for Q4FY24 as compared Rs 120.91 crore for the corresponding quarter previous year. 

For the year ended March 31, 2024, the company has reported 7.21% rise in net profit at Rs 94.69 crore as compared to Rs 88.32 crore for the previous year. Total income of the company increased by 11.86% at Rs 598.93 crore for year under review as compared to Rs 535.43 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported 11.02% rise in its net profit at Rs 93.31 crore as compared to Rs 84.05 crore for the previous year. Total income of the company increased by 10.67% at Rs 616.37 crore for year under review as compared to Rs 556.96 crore for year ended March 31, 2023.


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