India's Sula Vineyards drops as quarterly profit slumps
09/02/2026 04:05
** Shares of India's Sula Vineyards SULA.NS fall 2.6% to 183.30 rupees ** Sula, India's largest winemaker by market share, posts a 68% y/y fall in third-quarter profit to 91 million rupees ($1.01 million) on subdued demand in a key market and higher expenses ** Trading vols at 15,329 shares vs 30-day-avg of 338,050 shares ** SULA dropped 48% in 2025 ** Stock down 13.3% so far in 2026 ($1 = 90.5150 Indian rupees) (Reporting by Surbhi Misra in Bengaluru) ((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
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