Sula Vineyards reports stable Q1 revenue despite urban slowdown; wine tourism rises, but net profit drops 3.84% YoY.

• Own-brand revenue fell 10.8% YoY to ₹102.3 crore, impacted by weak urban demand and Maharashtra trade pre-loading.
• Wine tourism revenue grew 21.8% to ₹13.7 crore, boosted by higher visitor footfall and Samruddhi Highway connectivity.
• Launched Muscat Blanc; elite wine lines performed well, though consolidated net profit declined to ₹13.03 crore.