Sheela Foam Pvt. Ltd. Reports Earnings Results for the Second Quarter Ended September 30, 2018
November 05, 2018 at 05:24 am EST
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Sheela Foam Pvt. Ltd. announced earnings results for the second quarter ended September 30, 2018. For the second quarter, the company announced sales was INR 5,354.7 million compared to INR 4,857.8 million a year ago. Total revenue was INR 5,412.6 million compared to INR 4,902.8 million a year ago. Net income was INR 243.6 million compared to INR 342.7 million a year ago. Basic earnings per share was INR 4.99 compared to INR 7.03 a year ago. For the half year, sales was INR 10,375 million compared to INR 9,443.8 million a year ago. Total revenue was INR 10,496.3 million compared to INR 9,543.1 million a year ago. Net income was INR 569.5 million compared to INR 624.4 million a year ago. Basic earnings per share was INR 11.67 compared to INR 12.8 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 
