5437112026-04-012026-06-305437112026-04-012026-06-30in-capmkt:OtherExpenses1Member5437112026-04-012026-06-30in-capmkt:OtherExpenses2Member5437112026-04-012026-06-30in-capmkt:OtherExpenses3Member5437112026-04-012026-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15437112026-04-012026-06-30AuditorDomain1iso4217:INRiso4217:INRxbrli:shares543711SULANOTLISTEDINE142Q01026SULA VINEYARDS LIMITEDMain BoardEquity2026-04-012027-03-312026-08-062026-07-30INRCroresQuarterlyFirst quarterSingle segmentThe Company is engaged in the business of manufacture, purchase, and sale of alcoholic beverages (wines and spirits)2026-08-0614:48:002026-08-0615:44:00Declaration of unmodified opinion2026-04-012026-06-30UnauditedConsolidated1207900000238000001231700000124000000716000001603000002201000007180000010280000046590000012165000001520000001520000012100000-750000046000000106000000000106000004000001100000010600000011000000016890000020.130.13000.130.131. The consolidated unaudited financial results for the quarter ended 30 June 2026 (the '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 specified under Section 133 of the Companies Act, 2013 ('the Act') read with Companies (Indian Accounting Standards) Rules 2015, 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 6 August 2026. <br /> 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 result 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. <br /> 3. During the quarter ended 30 June 2026, the Holding Company has sold its office property in Mumbai for a consideration of INR 27.00 crores and consequently profit on aforesaid sale of INR 1.79 crores was recognised in other income. <br /> 4. During the year ended 31 March 2026, the Group has recognised an impairment loss of INR 1.82 crores in respect of certain intangible assets i.e. brands along with related goodwill in accordance with Ind AS 36, "Impairment of Assets". This impairment loss being non-recurring in nature has been presented as an exceptional item in the consolidated financial results. <br /> 5. The figures for the quarter ended 31 March 2026 are the balancing figures between the audited consolidated figures for the year ended on that date and the unaudited consolidated published year-to-date figures up to the end of the third quarter of the financial year, which was subjected to a limited review by the statutory auditors. <br /> <br /> Excise duty on sales79100000Selling, distribution and marketing expenses139200000Others247600000Gain on remeasurement of defined benefit plans (net of tax)40000040000000400000UnauditedtrueWalker Chandiok & Co LLPtrue2028-05-31