Net profit of Sheela Foam declined 77.68% to Rs 9.81 crore in the quarter ended September 2024 as against Rs 43.96 crore during the previous quarter ended September 2023. Sales rose 32.54% to Rs 812.72 crore in the quarter ended September 2024 as against Rs 613.18 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales812.72613.18 33 OPM %8.5210.79 - PBDT72.7882.02 -11 PBT24.9160.15 -59 NP9.8143.96 -78 Powered by Capital Market - Live News

Sheela Foam will hold a meeting of the Board of Directors of the Company on 29 October 2024.Powered by Capital Market - Live News

Sheela Foam has granted 1,35,198 stock options under ESOP on 16 October 2024. Powered by Capital Market - Live News

The Board of Sheela Foam at its meeting held on 08 October 2024 has approved the subsequent investment in House of Kieraya (Furlenco). The company will subscribe up to 50,45,540 equity share in the right issue offered by target company and exercising partly paid up subscribed 56,00,995 warrant and purchase upto 3,50,000 shares from the existing shareholders aggregating consideration upto Rs. 107 crore. Powered by Capital Market - Live News

Sheela Foam has received reaffirmation in credit rating at IND AA; Stable for non convertible debentures of the company. Powered by Capital Market - Live News