Sheela Foam Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 6,450.86 million compared to INR 7,006.71 million a year ago. Revenue was INR 6,692.79 million compared to INR 7,186.45 million a year ago.

Net income was INR 430.66 million compared to INR 420.9 million a year ago. Basic earnings per share from continuing operations was INR 4.41 compared to INR 4.36 a year ago.