India's Sheela Foam jumps on quarterly profit rise

Sheela Foam

04/02/2026 04:03

** Shares of India's Sheela Foam SHEF.NS jump 15.6% to 606.50 rupees; on track for highest intraday pct gains ever

** Mattresses maker reported 2.7x y/y rise in quarterly profit to 521.3 million rupees ($5.76 million)

** Co's December-quarter revenue from operations also rose about 11% y/y to 10.74 billion rupees

** SHEF was down ~41% in 2025, stock down 10.4% so far in 2026

($1 = 90.5025 Indian rupees)

(Reporting by Surbhi Misra in Bengaluru)

((Surbhi.Misra@thomsonreuters.com |  X: https://twitter.com/SurbhiMisra_  |;))