Sheela Foam records PAT of Rs 62 crore for June'26 quarter
Mumbai, Aug. 4 -- Revenue for the period under review was Rs 1,032 crore, up 26% YoY. The company stated that the mattress volume grew by 6% and in value terms, the segment grew by 15%. The foam business has registered volume growth and value growth of 4% and 26%, respectively.
While EBITDA improved by 45% YoY to Rs 109 crore, EBITDA margin expanded by 139 basis points YoY to 10.6% in the June'26 quarter.
Rahul Gautam, chairman & managing director, said: "We have started FY27 on a strong note, with both our mattress and foam businesses sustaining the healthy momentum built through FY26.
Our e-commerce and U2O initiatives continue to gain scale, further widening our market reach. Looking ahead, we are well positioned to carry this momen...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.