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Sheela Foam Ltd Q3FY24; 49% fall in Profits

Sheela Foam Limited is a leading player in India’s mattress and foam products industry and a leader in Polyurethane (PU) Foam. It has a nationwide presence in manufacturing PU Foam with a track record, since 1971.

Financial Results:

Sheela Foam Ltd reported Revenues for Q3FY24 of ₹879.00 Crores up from ₹761.00 Crore year on year, a rise of 15.51%.

Total Expenses for Q3FY24 of ₹858.00 Crores up from ₹712.00 Crores year on year, a rise of 20.51%.

Consolidated Net Profit of ₹31.00 Crores down 49.18% from ₹61.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.83, down 54.35% from ₹6.20 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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