Sheela Foam Limited Reports Unaudited Standalone and Consolidated Earnings Results for the Second Quarter and Six Months Ended September 30, 2017
November 03, 2017 at 06:49 am EDT
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Sheela Foam Limited reported unaudited standalone and consolidated earnings results for the second quarter and six months ended September 30, 2017. For the quarter, on standalone basis, the company reported total income of INR 4,139.5 million, profit before tax of INR 468.9 million, net profit of INR 313.7 million or INR 6.40 per basic and diluted share of face value INR 5 each (not annualized) against total income of INR 3,794.3 million, profit before tax of INR 422.6 million, net profit of INR 291.6 million or INR 5.94 per basic and diluted share of face value INR 5 each (not annualized) a year ago.
For the six months, on standalone basis, the company reported total income of INR 8,067.4 million, profit before tax of INR 856.6 million, net profit of INR 584.0 million or INR 11.91 per basic and diluted share of face value INR 5 each (not annualized) against total income of INR 7,172.4 million, profit before tax of INR 836.5 million, net profit of INR 584.2 million or INR 11.91 per basic and diluted share of face value INR 5 each (not annualized) a year ago.
For the quarter, on consolidated basis, the company reported total income of INR 4,902.8 million, profit before tax of INR 508.1 million, net profit of INR 342.7 million or INR 7.14 per basic and diluted share of face value INR 5 each (not annualized) against total income of INR 4,510.9 million, profit before tax of INR 445.9 million, net profit of INR 302.6 million or INR 6.18 per basic and diluted share of face value INR 5 each (not annualized) a year ago.
For the six months, on consolidated basis, the company reported total income of INR 9,543.1 million, profit before tax of INR 912.6 million, net profit of INR 624.4 million or INR 12.88 per basic and diluted share of face value INR 5 each (not annualized) against total income of INR 8,729.9 million, profit before tax of INR 951.1 million, net profit of INR 665.9 million or INR 13.58 per basic and diluted share of face value INR 5 each (not annualized) 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 
