Sula Vineyards Ltd, India’s largest wine producer, reported a sharp decline in consolidated net profit for the December quarter at ₹9 crore, down from ₹28 crore in the year-ago period, primarily due to a one-time destocking exercise in Karnataka. Revenue from operations fell 9.7% year-on-year to ₹196 crore. Excluding the impact of destocking, third-quarter revenue […]