Sula Vineyards shares saw a decline on Tuesday after the company reported a mixed set of numbers in its Q2 earnings. It saw a 58% year-on-year decline in Q2 net profit to Rs 6 crore. Revenue slipped 1.1% amid route-to-market disruptions in Telangana, while EBITDA margins contracted 557 basis points to 18.2%, though management expects recovery in H2 FY26.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets