SULA NSE filing

Sula Vineyards Q3FY26 Results: Net Profit Declines to ₹9.10 Cr (Consolidated)

The RealCase readHigh impact Negative

Sula Vineyards reported consolidated net profit of ₹9.10 Cr for Q3FY26, down from ₹28.06 Cr YoY. Consolidated revenue was ₹195.68 Cr, down from ₹216.64 Cr. Standalone net profit was ₹6.62 Cr. An exceptional impairment loss of ₹1.70 Cr was recorded. The results were approved on February 6, 2026.

Why it matters

The announcement includes the financial results for the quarter and nine months, which are material to investors and directly impact the company's valuation and stock performance.

The market read

The company reported a significant decline in both consolidated and standalone net profit for the quarter and nine months ended December 31, 2025, compared to the previous year.

Sula Vineyards Limited announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The Board of Directors, in a meeting held on February 6, 2026, approved these results.

For the quarter ended December 31, 2025, the consolidated net profit was ₹9.10 crore, a decrease compared to ₹28.06 crore in the same period last year. Consolidated revenue from operations stood at ₹195.68 crore, down from ₹216.64 crore year-on-year. The company reported an exceptional item of ₹1.70 crore, an impairment loss on certain intangible assets.

On a standalone basis, the net profit for the quarter was ₹6.62 crore, a decrease from ₹16.33 crore in the corresponding quarter of the previous year. Standalone revenue from operations was ₹169.63 crore, lower than ₹180.93 crore in the prior year period.

For the nine months ended December 31, 2025, consolidated net profit was ₹17.06 crore, down from ₹57.17 crore in the same period last year. Consolidated revenue from operations for the nine months was ₹453.63 crore, compared to ₹486.29 crore in the previous year.

Standalone net profit for the nine months ended December 31, 2025, was ₹8.86 crore, a significant drop from ₹38.29 crore in the previous year. Standalone revenue from operations for the nine months was ₹389.20 crore, down from ₹430.46 crore in the previous year.

The company also noted that 37,600 equity shares were allotted under the ESOP 2021 scheme. Additionally, an estimated incremental impact of ₹0.50 crore (consolidated) and ₹0.47 crore (standalone) was recognized due to the New Labour Codes.

The financial results were reviewed by the Audit Committee and approved by the Board of Directors. The company will also make this information available on its investor relations website.

Filing to action

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Sula Vineyards Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by Sula Vineyards Limited. Read the original for the full detail.

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