Sheela Foam Limited reported a 54% YoY growth in standalone revenue, reaching ₹791 crore in Q3 FY25, with consolidated revenue at ₹967 crore, a 10% YoY increase. The growth was driven by synergies between flagship brands Sleepwell and Kurl-on, strong festive demand, and new product launches like Sleepwell Pro FitRest and Kurl-on Ortho Magic.
The mattress segment saw a 24% YoY volume growth, supported by retail and digital expansion, making Sheela Foam India’s second-largest online mattress brand. Diversification into industrial applications like furniture, automotive, and footwear also contributed to the growth.
Executive Chairman Rahul Gautam highlighted the impact of streamlined synergies, while MD Tushaar Gautam emphasized benefits from the Kurl-on integration. Despite strong performance, the company faces challenges like raw material costs and market competition, with a focus on product innovation and operational efficiency for future growth.