India's Sheela Foam falls after Q2 profit slide

Sheela Foam

03/11/2023 04:43

** Sheela Foam's shares  SHEF.NS  fall 2.3% to 1,074.80
rupees
    ** The maker of Sleepwell mattress reports 17% drop in
consolidated net profit, hurt by fall in demand
    ** Consol rev from ops down 10.2%
    ** Stock down ~18% YTD


 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))