SULA2024-07-012024-09-30 SULA2024-07-012024-09-30 SULA2024-07-012024-09-30in-bse-fin:OneOperatingExpenses01Member SULA2024-07-012024-09-30in-bse-fin:OneOperatingExpenses02Member SULA2024-07-012024-09-30in-bse-fin:OneOperatingExpenses03Member SULA2024-07-012024-09-30in-bse-fin:FourOperatingExpenses01Member SULA2024-07-012024-09-30in-bse-fin:FourOperatingExpenses02Member SULA2024-07-012024-09-30in-bse-fin:FourOperatingExpenses03Member SULA2024-09-30 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543711 SULA NOTLISTED Sula Vineyards Limited Equity 2024-04-01 2025-03-31 2024-11-12 2024-11-04 INR Crores Half yearly 17:00:00 17:45:00 2024-11-12 2024-11-12 true Cash Flow Indirect Not applicable Single segment The Company is engaged in the business of manufacture, purchase, and sale of alcoholic beverages (wines and spirits) 2024-07-01 2024-09-30 Unaudited Consolidated 1412100000.00 7600000.00 1419700000.00 130500000.00 34200000.00 115200000.00 238000000.00 75900000.00 86900000.00 558200000.00 1238900000.00 180800000.00 0.00 180800000.00 40600000.00 -4600000.00 36000000.00 0.00 144800000.00 0.00 0.00 0.00 0.00 144800000.00 -900000.00 143900000.00 144800000.00 0.00 143900000.00 0.00 168800000.00 2 1.72 1.72 0.00 0.00 1.72 1.72 1. The above consolidated unaudited financial results for the quarter and six months ended 30 September 2024 ('Statement') of Sula Vineyards Limited (the 'Holding Company') and its subsidiaries (Holding Company and its subsidiaries together referred to as 'the Group') have been prepared in accordance with the Indian Accounting standards ('Ind AS') as prescribed under Section 133 of the Companies Act, 2013 ('the Act') read with Companies (Indian Accounting Standards) Rules 2015, as amended, and are in compliance with the presentation and disclosure requirements of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended). These results have been reviewed and recommended to the Board of Directors by the Audit Committee and subsequently approved by the Board of Directors of the Holding Company at their respective meetings held on 12 November 2024. 2. The Group is engaged in the business of manufacture, purchase and sale of alcoholic beverages (wines and spirits). The Chief Operating Decision Makers (which include the CEO, CFO, COO and members of the Board of Directors of the Holding Company) monitor and review the operating results of the Group as a whole. Therefore, there are no reportable segments for the Group as per requirements of Ind AS 108 ‘Operating Segments’. Further, considering the seasonality of the business, the revenue, costs and profits do not accrue evenly over the year and therefore the quarterly results may vary and not be strictly comparable. 3. The Holding Company has entered into a Share Purchase Agreement dated 12 April 2024 with existing shareholders to acquire 100% shareholding of N D Wines Private Limited for a consideration of INR 13.10 crore. Pursuant to the above, effective 12 April 2024, N D Wines Private Limited becomes the wholly owned subsidiary of the Holding Company. 4. Figures for the previous periods/ year have been regrouped/ reclassified to confirm to the current period presentation, wherever considered necessary. Single segment 2024-04-01 2024-09-30 Unaudited Consolidated 2696500000.00 20200000.00 2716700000.00 247600000.00 64300000.00 201700000.00 476100000.00 146900000.00 173200000.00 1031200000.00 2341000000.00 375700000.00 0.00 375700000.00 61200000.00 23400000.00 84600000.00 0.00 291100000.00 0.00 0.00 0.00 0.00 291100000.00 -6500000.00 284600000.00 291100000.00 0.00 284600000.00 0.00 168800000.00 2 3.45 3.45 0.00 0.00 3.45 3.45 Excise duty on sales 88500000.00 Others 258400000.00 Selling, distribution and marketing expense 211300000.00 Excise duty on sales 163600000.00 Others 485100000.00 Selling, distribution and marketing expense 382500000.00 0.00 4547000000.00 163900000.00 0.00 8500000.00 47500000.00 0.00 0.00 0.00 0.00 0.00 17500000.00 174200000.00 191700000.00 74400000.00 150200000.00 5183200000.00 1800200000.00 0.00 1991500000.00 95600000.00 55600000.00 24600000.00 853400000.00 3020700000.00 0.00 99400000.00 4920300000.00 0.00 0.00 10103500000.00 168800000.00 5262900000.00 5431700000.00 5431700000.00 489700000.00 0.00 159400000.00 649100000.00 36500000.00 213400000.00 899000000.00 2812800000.00 472900000.00 205000000.00 3490700000.00 249000000.00 17600000.00 15500000.00 0.00 3772800000.00 0.00 0.00 4671800000.00 10103500000.00 136500000.00 173200000.00 -294900000.00 0.00 -261600000.00 0.00 0.00 0.00 0.00 -345900000.00 0.00 0.00 0.00 173200000.00 0.00 0.00 0.00 0.00 0.00 -400000.00 0.00 10600000.00 20700000.00 0.00 0.00 -5300000.00 0.00 7000000.00 0.00 -408100000.00 -32400000.00 0.00 0.00 0.00 114100000.00 0.00 -146500000.00 0.00 129800000.00 0.00 0.00 0.00 0.00 0.00 0.00 14900000.00 403900000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 8200000.00 0.00 16200000.00 0.00 -494400000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 517800000.00 211600000.00 0.00 34300000.00 378500000.00 128800000.00 0.00 0.00 -235400000.00 -876300000.00 0.00 -876300000.00 971900000.00 95600000.00 -900000.00 -6500000.00 0.00 0.00 0.00 0.00