ALPHA TRIBE

Sheela Foam LimitedBoard Meeting, 31-01-2025: Outcome of Board Meeting

31-01-2025 | 06:26 pm

The Board has announced a meeting outcome, approving the unaudited standalone and consolidated financial results for the quarter and nine-months ended December 31, 2024. Key highlights include total income of ₹1,609.72 Cr and net profit of ₹306.80 Cr. The Board also noted significant exceptional items, such as a recovery of ₹10.95 Cr from an insurance claim related to a fire incident. Additionally, it reported a substantial increase in equity stake in House of Kieraya Limited to 43.89%. The financial health remains stable with a net worth of ₹2,809.68 Cr.

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