Sheela Foam Limited — Investor Meet, 04-11-2024: Analysts/Institutional Investor Meet/Con. Call Updates

Sheela Foam Limited recently held an investor conference to discuss its Q2 FY25 financial results. The company reported strong growth, with standalone revenue rising 42% YoY to INR 602 crores. Mattress sales surged, contributing over half of total revenue, driven by a 19% volume increase. The firm is focused on integrating Kurlon, achieving INR 100 crores in annual cost savings. Investments in the furniture rental business Furlenco are expected to enhance growth, targeting INR 500 crores in revenue by FY28.