Sheela Foam Q3 Profit Triples, Revenue Jumps; Kurlon Acquisition Boosts Growth

Business
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Moneycontrol•03-02-2026, 22:36
Sheela Foam Q3 Profit Triples, Revenue Jumps; Kurlon Acquisition Boosts Growth
- •Sheela Foam Ltd reported a net profit of ₹52.57 crore in Q3, a 213% increase year-on-year from ₹16.8 crore.
- •Revenue from operations grew by 11.1% to ₹1,075 crore, driven by strong volume growth in mattress (11%) and foam (20%) segments.
- •EBITDA increased by 30% to ₹115 crore, with margins improving from 9.11% to 11%.
- •For the first 9 months of FY26, consolidated revenue grew 7%, core EBITDA rose 34%, and e-commerce volumes surged by 138% on its own website.
- •Chairman Rahul Gautam attributed the turnaround to the Kurlon acquisition, leading to double-digit growth and improved performance across key markets.
Why It Matters: Sheela Foam's Q3 profit tripled and revenue increased, largely due to the successful Kurlon acquisition.
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