Sheela Foam Limited Announces Audited Consolidated and Standalone Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2017
May 10, 2017 at 09:46 am EDT
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Sheela Foam Limited announced audited consolidated and standalone earnings results for the fourth quarter and full year ended March 31, 2017. For the quarter, on standalone basis, the company reported total income from operations of INR 39.799 billion against INR 31.559 billion a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1.231 billion against INR 2.889 billion a year ago. Profit from ordinary activities before tax was INR 2.050 billion against INR 3.608 billion a year ago. Net profit for the period was INR 1.455 billion against INR 2.541 billion a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 2.98 against INR 5.21 a year ago.
For the year, on standalone basis, the company reported total income from operations of INR 144.586 billion against INR 126.505 billion a year ago. Profit from operations before other income, finance costs and exceptional items was INR 13.765 billion against INR 11.774 billion a year ago. Profit from ordinary activities before tax was INR 15.625 billion against INR 13.226 billion a year ago. Net profit for the period was INR 11.048 billion against INR 9.014 billion a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 22.65 against INR 18.48 a year ago.
For the quarter, on consolidated basis, the company reported total income from operations of INR 46.823 billion against INR 39.071 billion a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1.650 billion against INR 3.815 billion a year ago. Profit from ordinary activities before tax was INR 2.377 billion against INR 4.329 billion a year ago. Net profit for the period was INR 1.689 billion against INR 3.093 billion a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 3.46 against INR 6.34 a year ago.
For the year, on consolidated basis, the company reported total income from operations of INR 175.0 billion against INR 154.999 billion a year ago. Profit from operations before other income, finance costs and exceptional items was INR 16.485 billion against INR 14.670 billion a year ago. Profit from ordinary activities before tax was INR 17.686 billion against INR 15.191 billion a year ago. Net profit for the period was INR 12.484 billion against INR 10.471 billion a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 25.59 against INR 21.46 a year ago.
Sheela Foam Limited is an India-based company. The Company specializes in the production of a diverse range of foam-based household comfort items, including mattresses, furniture cushions, as well as technical grades of polyurethane foams that cater to various industries, such as automotive, acoustics and various others. Its product portfolio includes mattresses, technical foam, furniture foam, and comfort foam and home care products. The mattresses range includes Foam mattress, spring range, technology range, comfort cell range, back support range, flexi PUF range, and others. Its technical foam products consist of automotive foams, reticulated foams, ultraviolet stable foams and silentech foams. Sleepwell resitec, Sleepwell cool gel and primo are its furniture foam products. Its comfort foam and home care products include foam sheets, foam blocks, comfort range accessories, foam cores, and others. The Companyâs brands include Sleepwell, feather foam, and Starlite, among others.
SHEELA FOAM LIMITED 
