<p>Sula Vineyards Ltd, the country's largest wine producer, has recorded a strong double-digit sales growth in the June quarter.</p>.<p>Its estimated net revenues year-on-year were up 17 per cent in the April-June period, said a sales update by Sula Vineyards.</p>.<p>Sales from its own brands were at Rs 103.5 crore, up 24 per cent, while its portfolio of imported "elite and premium brands" had a 30 per cent growth.</p>.<p>"The company has recorded its highest ever Q1 net revenues overall as well as for own brands and the wine tourism business," it said.</p>.<p>Its revenue estimates from wine tourism were at Rs 11.4 crore, up 11 per cent.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/business-news/microsoft-india-president-anant-maheshwari-quits-1234937.html" target="_blank">Microsoft India President Anant Maheshwari quits</a></strong></p>.<p>This sales updates will be followed by financial statements for Q1 FY24 once approved by its board, said Sula Vineyards.</p>.<p>Commenting on this, Sula CEO Rajeev Samant said: "Our focus on premiumisation continues to pay off with our elite and premium wines leading the pack in terms of growth."</p>.<p>Sula Vineyards' wine tourism revenues also grew in double digits.</p>.<p>Over the outlook, he said: "It's a great start to the year and we are looking forward to a strong FY24 as more and more Indians reach for more and more bottles of our iconic wine brands, especially RASA, The Source, Dindori Reserve and Sula."</p>.<p>Sula Vineyards reported sales volume from its own brands crossed one million cases in FY23.</p>
<p>Sula Vineyards Ltd, the country's largest wine producer, has recorded a strong double-digit sales growth in the June quarter.</p>.<p>Its estimated net revenues year-on-year were up 17 per cent in the April-June period, said a sales update by Sula Vineyards.</p>.<p>Sales from its own brands were at Rs 103.5 crore, up 24 per cent, while its portfolio of imported "elite and premium brands" had a 30 per cent growth.</p>.<p>"The company has recorded its highest ever Q1 net revenues overall as well as for own brands and the wine tourism business," it said.</p>.<p>Its revenue estimates from wine tourism were at Rs 11.4 crore, up 11 per cent.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/business-news/microsoft-india-president-anant-maheshwari-quits-1234937.html" target="_blank">Microsoft India President Anant Maheshwari quits</a></strong></p>.<p>This sales updates will be followed by financial statements for Q1 FY24 once approved by its board, said Sula Vineyards.</p>.<p>Commenting on this, Sula CEO Rajeev Samant said: "Our focus on premiumisation continues to pay off with our elite and premium wines leading the pack in terms of growth."</p>.<p>Sula Vineyards' wine tourism revenues also grew in double digits.</p>.<p>Over the outlook, he said: "It's a great start to the year and we are looking forward to a strong FY24 as more and more Indians reach for more and more bottles of our iconic wine brands, especially RASA, The Source, Dindori Reserve and Sula."</p>.<p>Sula Vineyards reported sales volume from its own brands crossed one million cases in FY23.</p>