Sheela Foam Limited Announces Unaudited Consolidated and Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2017
February 05, 2018 at 06:27 am EST
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Sheela Foam Limited announced unaudited consolidate and standalone earnings results for the third quarter and nine months ended December 31, 2017. For the quarter, on standalone basis, the company reported revenue from operations of INR 4,515.3 million against INR 4,502.1 million a year ago. Profit before tax was INR 516.1 million against INR 534.3 million a year ago. Profit for the period was INR 356.6 million against INR 384.3 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 7.28 against INR 7.85 a year ago.
For the nine months, on standalone basis, the company reported revenue from operations of INR 12,464.5 million against INR 11,562.1 million a year ago. Profit before tax was INR 1,372.7 million against INR 1,370.8 million a year ago. Profit for the period was INR 940.6 million against INR 968.5 million a year ago. Basic and diluted earnings per share were INR 19.18 against INR 19.76 a year ago.
For the quarter, on consolidated basis, the company reported revenue from operations of INR 5,322.1 million against INR 5,265.1 million a year ago. Profit before tax was INR 550.8 million against INR 593 million a year ago. Profit for the period was INR 391.1 million against INR 422.7 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 7.97 against INR 8.63 a year ago.
For the nine months, on consolidated basis, the company reported revenue from operations of INR 14,765.9 million against INR 13,901.1 million a year ago. Profit before tax was INR 1,463.4 million against INR 1,544.1 million a year ago. Profit for the period was INR 1,015.5 million against INR 1,088.6 million a year ago. Basic and diluted earnings per share were INR 20.85 against INR 22.21 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 
