Sula Vineyard slides after Q4 PAT drops 5% YoY to Rs 14 cr;
Mumbai, May 9 -- Net revenue jumped 12.1% YoY to Rs 135.6 crore in Q4 FY24 as compared with Rs 120.9 crore in Q4 FY23.
in Q4 FY24, profit before tax stood at Rs 18.72 crore, down 6.77% YoY.
EBITDA stood at Rs 33.3 crore in Q4 FY24, registering the growth of 5% as compared with Rs 31.7 crore posted in same quarter last year. EBITDA margin reduced by 114 bps to 25.3% in Q4 FY24 as against 26.4% in Q4 FY23.
The company's own brands sales increased 9.1% to 112.9 crore in the quarter ended 31 March 2024 from Rs 103.5 crore posted in Q4 FY23. In Q4, the wine tourism business posted a strong revenue growth of 31.3% YoY, at Rs 16.4 crore backed by setting new records for visitor numbers, revenue, and tastings over the long Republic day weekend...
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