The consolidated revenue from operations has risen to Rs 1,074 crore in the recently concluded quarter from Rs 967 crore in the same period a year ago
Sheela Foam, which has flagship brands Sleepwell and Kurlon, has seen its consolidated net profit jump 213 per cent in the third quarter of the current financial year to Rs 53 crore. The company posted a net profit of Rs 17 crore in Q3FY25.
The financial results of the company revealed that the consolidated revenue from operations stood at Rs 1,074 crore in the recently concluded quarter, a growth from Rs 967 crore in the same period a year ago. The core earnings before interest, taxes, depreciation and amortisation (Ebitda) rose 39 per cent year-on-year (YoY) to Rs 117 crore from Rs 84 crore in Q3FY25.
“Kurlon acquisition has begun delivering tangible benefits, driving a turnaround at Sheela Foam Limited. The business has entered a phase of double-digit growth, with both the mattress and foam segments recording strong volume expansion. Profitability and cash generation have continued to improve sequentially each quarter, supported by improved performance across all key markets – India, Australia, and Spain,” stated Rahul Gautam, Chairman and Managing Director, Sheela Foam.
Mattress registered volume growth of 11 per cent and foam segment grew by 20 per cent. For the nine months of the current financial year (9MFY26), mattress registered an all-round volume growth of 11 per cent and foam segment grew by 12 per cent.
Gautam added that the company remains confident in its ability to deliver sustained, profitable growth backed by robust cash generation, thereby creating longterm value for all stakeholders. Ecommerce registered 9MFY26 volume growth of 138 per cent YoY on its own website and 39 per cent YoY on platforms.
