Sula Vineyards Limited has informed the Exchange that Record date for the purpose of Dividend is 23-May-2025.
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Sula Vineyards' board, at its meeting on 8 May 2025, approved audited Q4 and FY25 financial results along with a final dividend of Rs. 3.60 per equity share (face value Rs. 2), subject to shareholder approval. Record date for dividend eligibility is 23 May 2025, and the 22nd AGM is scheduled for 26 June 2025. Consolidated FY25 revenue grew modestly to Rs. 619.38 crore (vs Rs. 608.65 crore), but net profit fell sharply to Rs. 70.20 crore (vs Rs. 93.31 crore, a ~25% decline). Standalone performance was weaker, with net profit dropping to Rs. 33.40 crore from Rs. 94.69 crore. The board also appointed Sunil Agarwal & Co. as secretarial auditor for five years.
Shareholders of record on 23 May 2025 will be eligible for the Rs. 3.60 dividend. However, the steep year-on-year decline in profits, especially on a standalone basis, may weigh on investor sentiment despite the dividend announcement.