Sheela Foam consolidated net profit declines 45.36% in the March 2017 quarter

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Sales rise 19.83% to Rs 467.80 crore
Net profit of Sheela Foam declined 45.36% to Rs 16.90 crore in the quarter ended March 2017 as against Rs 30.93 crore during the previous quarter ended March 2016. Sales rose 19.83% to Rs 467.80 crore in the quarter ended March 2017 as against Rs 390.39 crore during the previous quarter ended March 2016.For the full year,net profit rose 19.22% to Rs 124.84 crore in the year ended March 2017 as against Rs 104.71 crore during the previous year ended March 2016. Sales rose 12.82% to Rs 1747.18 crore in the year ended March 2017 as against Rs 1548.66 crore during the previous year ended March 2016.
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First Published: May 11 2017 | 2:03 PM IST