Sheela Foam consolidated net profit declines 16.29% in the March 2020 quarter

Sales decline 5.72% to Rs 504.11 crore

Net profit of Sheela Foam declined 16.29% to Rs 31.70 crore in the quarter ended March 2020 as against Rs 37.87 crore during the previous quarter ended March 2019. Sales declined 5.72% to Rs 504.11 crore in the quarter ended March 2020 as against Rs 534.71 crore during the previous quarter ended March 2019.

For the full year,net profit rose 44.62% to Rs 193.43 crore in the year ended March 2020 as against Rs 133.75 crore during the previous year ended March 2019. Sales rose 1.50% to Rs 2173.63 crore in the year ended March 2020 as against Rs 2141.45 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales504.11534.71 -6 2173.632141.45 2 OPM %14.6610.70 -13.829.85 - PBDT80.7462.01 30 327.40228.96 43 PBT53.7651.57 4 268.36189.43 42 NP31.7037.87 -16 193.43133.75 45

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