Sheela Foam shares declined more than 5% in Thursday morning’s trade after the company announced its Q2 FY26 results. As of 9:33 AM, the shares were trading 5.79% higher at Rs 675.70.
The mattress and home comfort products maker reported a 7.7% rise in consolidated revenue to ₹875 crore, up from ₹813 crore in the same quarter last year.
EBITDA increased 23.7% year-on-year to ₹87 crore compared to ₹70.4 crore, with margins improving to 9.9% from 8.7%. However, net profit dropped sharply by 51.5% to ₹9.7 crore against ₹19.9 crore last year, weighing on investor sentiment.
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