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HOME   >  CORPORATE INFO >  DIRECTORS REPORT
Directors Report      
Sula Vineyards Ltd.
March 2021

Description of state of companies affair

In the financial year 2020-2021, owing to the pandemic, our consolidated revenue de-grew by -19.5% from Rs.531.1 cr. in FY20 to Rs. 427.8 cr in FY21, while the EBITDA grew by 23.7% from Rs. 50.0 cr in FY20 to Rs. 61.9 cr in FY21. The standalone revenue de-grew by -19.8% from Rs. 430.6 cr in FY20 to Rs.345.4 cr in FY21, while the standalone EBITDA grew by 6.7% from Rs. 53.4 cr to Rs. 57.0 cr. Our group EBITDA margin for FY21 is 14.5%, from 9.4% for FY20.

Details regarding foreign exchange earnings and outgo

Foreign exchange earnings: Rs. 1168.64 [P.Y. Rs. 2585.43] and Foreign exchange Outgo: Rs.1961.47 [P.Y. Rs. 3494.95]

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