Tag: Wine Tourism
RETAIL/FMCG Sula Vineyards Brings Back Former COO Chaitanya Rathi To Its Board

Sula Vineyards Ltd has appointed its former Chief Operating Officer, Chaitanya Rathi, as an additional non-executive non-independent director on its Board, marking his return to the country’s largest wine producer as it prepares for its next phase of growth. The appointment, effective August 6, brings back a senior executive who has been closely associated with […]

CW Bureau · Aug 7, 2026
GENERAL Sula’s Wine Tourism Hits ₹100 Cr In FY26, Resort Expansion On Course

India’s largest wine producer, Sula Vineyards, has crossed a significant milestone in its hospitality and experiential business, with its Wine Tourism segment generating more than ₹100 crore in revenue for the first time in FY26. The strong performance of the business helped support the company’s overall revenue growth, with Wine Tourism benefiting from higher visitor […]

CW Bureau · May 31, 2026
RETAIL/FMCG Sula Vineyards To Acquire Domaine Chandon India Estate In Dindori

Sula Vineyards Ltd has entered into an asset purchase agreement (APA) to acquire the Domaine Chandon India estate in Dindori, Nashik from Moet Hennessy India Pvt Ltd (MHIP) for a consideration of ₹20 crore to enhance Wine Tourism. The transaction will be funded through a combination of internal accruals and debt, and covers the purchase […]

CW Bureau · Mar 25, 2026
GENERAL Sula’s Consolidated Q3 Net Drops To ₹9 Cr On Karnataka Destocking

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 […]

CW Bureau · Feb 13, 2026