Outcomes of Board Meeting held on Monday, 11th August, 2025 of the Company
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Fratelli Vineyards reported a consolidated net loss of Rs. 582.14 lakhs for Q1 FY26, widening from a loss of Rs. 42.38 lakhs in Q1 FY25. Revenue from operations dropped sharply to Rs. 3,650.67 lakhs from Rs. 15,017.42 lakhs year-on-year, largely because agro commodities and steel abrasives segments have been shifted to the subsidiary Fratelli Wines Private Limited. The wine segment itself contributed Rs. 3,642.06 lakhs in revenue (down from Rs. 4,351.23 lakhs) and posted a segment loss of Rs. 520.45 lakhs, while the wine subsidiary reported a standalone loss of Rs. 576.78 lakhs. Total expenses rose to Rs. 4,504.95 lakhs with finance costs of Rs. 329.60 lakhs, and basic EPS stood at Rs. (1.35) versus Rs. 0.67 in the prior-year quarter. On a standalone basis, the parent company had negligible operations with revenue of just Rs. 8.61 lakhs, reflecting the business realignment. The statutory auditor SS Kothari Mehta & Co issued an unmodified review conclusion.
Shareholders are seeing deepening losses alongside a major business restructuring that has reduced top-line revenue sharply, with the wine segment — now the core business — still incurring losses. This combination of shrinking revenue and widening losses is likely to weigh negatively on investor sentiment and the stock price in the near term.