Mumbai, July 14 -- Revenue from the company's own brands declined 10.8% year-on-year (YoY) to Rs 102.3 crore, compared to Rs 114.6 crore in the corresponding quarter last year. This decline was due to a slowdown in urban consumption and the effects of excise-driven trade pre-loading in Maharashtra.

Sula reported stable revenue in Q1 FY26, notwithstanding the one-time WIPS unwinding benefit of Rs 10.4 crore in Q1 FY25.

The company's wine tourism segment posted revenue of Rs 13.7 crore in Q1 FY26, up 21.8% as against Rs 11.3 crore in the year-ago period. This growth was fueled by more visitors, record occupancy at its resorts, and higher guest spending. Better access from the newly opened Samruddhi Highway, which cuts travel time between ...