Sheela Foam Q3 Net Profit Jumps Over 3x, Driven by Strong Mattress and Foam Sales

• Sheela Foam Ltd reported a net profit of ₹52.57 crore in Q3, a more than threefold increase from ₹16.8 crore in the previous year.
• Revenue from operations grew 11.1% year-on-year to ₹1,075 crore, fueled by higher volume growth in both mattress and foam segments.
• The mattress segment saw 11% volume growth, while the foam segment recorded 20% growth in Q3.
• For the nine-month period (9MFY26), consolidated revenue increased 7% to ₹2,771 crore, with core EBITDA up 34% to ₹293 crore.
• Chairman & Managing Director Rahul Gautam attributed the strong performance to the Kurlon acquisition and improved results across India, Australia, and Spain.

Why It Matters: Sheela Foam's Q3 profit surged over 3x, driven by robust sales and strategic acquisitions.