Sula Vineyards' Q2 FY26 results show a mixed picture, with a revenue dip, tourism growth, and a profit plunge overall.

• Own‑brand revenue fell 2.5% YoY to Rs124.1 crore; Telangana disruption caused the decline, while in other markets.
• Wine tourism rose 7.7% to Rs13.2 crore, driven by higher footfalls, occupancy, new resort, and strong.
• Consolidated net profit plunged 86.7% to Rs 1.94 crore as revenue dropped 9.3% in Q1 FY26 compared.