In India’s mattress and foam goods market, Sheela Foam Ltd is a major participant and the market leader for polyurethane (PU) foam. It has a proven track record of producing PU Foam and is present nationwide.
Financial Results:
The firm recorded total revenue of ₹ 845.14 crores for the quarter that ended on December 31, 2022, down from ₹ 909.01 crores for the quarter that ended on December 31, 2021.
The firm reported net profit of ₹ 61 Cr. for the quarter that ended on December 31, 2022, compared to ₹ 67 Cr. for the quarter that ended on December 31, 2021.
In comparison to the period ending December 31, 2021, the firm recorded an EPS of ₹ 6.90 for the quarter ended December 31, 2022.