Sheela Foam Limited Reports Unaudited Standalone and Consolidated Earnings Results for the First Quarter Ended June 30, 2018
August 10, 2018 at 06:56 am EDT
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Sheela Foam Limited reported unaudited standalone and consolidated earnings results for the first quarter ended June 30, 2018. For the quarter, on standalone basis, the company's revenue from operations was INR 4,256.4 million compared to INR 3,864.3 million a year ago. Profit before tax was INR 469.1 million compared to INR 387.7 million a year ago. Net profit after tax was INR 334.5 million compared to INR 270.3 million a year ago. Basic and diluted earnings per share were INR 6.86 compared to INR 5.54 a year ago. EBITDA was INR 490 million compared to INR 400 million a year ago.
For the quarter, on consolidated basis, the company's revenue from operations was INR 5,020.3 million compared to INR 4,586.0 million a year ago. Profit before tax was INR 453.9 million compared to INR 404.5 million a year ago. Net profit after tax was INR 325.9 million compared to INR 281.7 million a year ago. Basic and diluted earnings per share were INR 6.68 compared to INR 5.77 a year ago. EBITDA was INR 510 million compared to INR 440 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 
