Sleepwell has reported strong Q3 FY26 results, with core EBITDA increasing by 39% YoY. Consolidated revenues grew by 11%, and PAT reached INR 53 cr. The company saw volume growth in both mattress (11%) and foam (20%) segments, reflecting continued strong performance across key markets.
Exceptional Financial Performance
Sleepwell has announced its Q3 and 9M FY26 financial results, demonstrating significant growth. Key highlights include:
- Consolidated revenues increased by 11% in Q3 and 7% for the 9M period.
- Q3 FY26 PAT stood at INR 53 cr, with INR 69 cr for 9M FY26.
- Core EBITDA for Q3 FY26 grew by 39% YoY, with a 34% increase in 9M FY26.
- Core EBITDA margins expanded by 220 bps in Q3 FY26 to 10.9%.
Segment Performance
The company experienced strong volume growth in its key segments:
- The mattress segment registered a YoY volume growth of 11% for both Q3 and 9M FY26.
- E-commerce sales showed impressive growth, with 138% YoY growth on the company’s website and 39% YoY growth on other platforms for the 9M period.
- The U20 brand (formerly STI) saw a 49% YoY volume increase.
- Foam volumes grew by 20% in Q3 FY26.
Management Commentary
Mr. Rahul Gautam (Chairman & Managing Director), commented on the results, noting that the Kurlon acquisition is yielding tangible benefits and driving a turnaround at Sleepwell. He highlighted the double-digit growth phase in both the mattress and foam segments and emphasized the company’s improved profitability and cash generation. He also expressed confidence in Sleepwell’s ability to deliver sustained, profitable growth, creating long-term value for stakeholders.
Source: BSE
