Sheela Foam, a leading player in the mattress and home comfort industry, has posted impressive financial results for the second quarter of FY25. The company’s standalone revenue reached INR 602 crores, marking a significant 42% year-on-year (YoY) increase.
The company’s Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) also witnessed substantial growth, rising by 54% YoY to INR 70 crores. This growth translated to an EBITDA margin of 12%, indicating efficient cost management and operational effectiveness.
Sheela Foam reported a 12% YoY increase in net profit, amounting to INR 43 crores. This consistent rise in profitability underscores the company’s commitment to delivering value to its shareholders while maintaining a strong operational foundation.
A noteworthy highlight from the Q2 FY25 results is the company’s mattress segment, which now accounts for over 50% of total revenue. This milestone is attributed to a 19% YoY volume growth in the mattress category, reflecting Sheela Foam’s strong brand presence and customer loyalty. Notably, the Sleepwell brand has seen a remarkable 40% YoY increase in volumes, while Kurlon has grown by 26% YoY, further solidifying the company’s leading position in the market.
