Sheela Foam Limited Announces Financial Results for the Year Ended March 31, 2017
June 19, 2017 at 09:08 am EDT
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Sheela Foam Limited announced financial results for the year ended March 31, 2017. For the year, the company reported total revenue of INR 14,707.578 million against INR 12,857.726 million a year ago. Profit before tax was INR 1,562.530 million against INR 1,322.638 a year ago.
Earnings per share- Basic/Diluted were INR 22.65 against INR 18.48 a year ago. Profit for the year carried to Reserve and surplus was INR 1,104.807 million against INR 901.470 a year ago. Net Cash inflow from Operating Activities was INR 1,024.353 million against INR 1,705.895 a year ago. Purchase of Property, plant and equipment including capital work in progress was negative INR 618.735 million against INR 300.483 million 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 
