Hope slowdown in urban discretionary demand is a blip, not structural: Sula Vineyards CEO

Sula Vineyards experienced a 1.2% dip in net revenue in Q2, attributed to a temporary slowdown in urban discretionary spending, particularly impacting alcoholic beverages. CEO Rajeev Samant believes this is a temporary blip and anticipates a demand reset in 2024 as consumers face inflation.
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