Net profit of Sheela Foam declined 49.20% to Rs 30.75 crore in the quarter ended December 2023 as against Rs 60.53 crore during the previous quarter ended December 2022. Sales rose 15.50% to Rs 878.89 crore in the quarter ended December 2023 as against Rs 760.92 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales878.89760.92 16 OPM %8.679.95 - PBDT82.8199.02 -16 PBT52.8976.62 -31 NP30.7560.53 -49 Powered by Capital Market - Live News

Sheela Foam announced that the National Company Law Tribunal, New Delhi Bench (NCLT) has approved the Scheme of Amalgamation of International Comfort Technologies (ICTPL or Transferor Company) with Sheela Foam (SFL or Transferee Company) and their respective Shareholders and Creditors on 09 February 2024.Powered by Capital Market - Live News

Sheela Foam will hold a meeting of the Board of Directors of the Company on 6 February 2024.Powered by Capital Market - Live News

Sheela Foam has completed the acquisition of 2.57% of the share capital of Kurlon Enterprise (KEL) for an aggregate consideration of approximately Rs 55.33 crore. Further it is to be informed that Sheela Foam now holds 97.23% of the share capital of KEL. Powered by Capital Market - Live News

The Board of Sheela Foam has approved on 25 December 2023 to shift the registered office of the company from State of Delhi to State of Maharashtra. Powered by Capital Market - Live News