Categories AlphaGraphs, Earnings

3M India Ltd Q1FY24; 54% rise in Profits

3M India is a subsidiary of 3M Company, USA. The Company manages its operations in four operating segments: Safety & Industrial , Transportation & Electronics, Health Care and Consumer. In India, the Company has manufacturing facilities at Ahmedabad, Bangalore, Pune and has a R&D Center in Bangalore.

Financial Results:

3M India Ltd reported Revenues for Q1FY24 of ₹1,050.00 Crores up from ₹944.00 Crore year on year, a rise of 11.23%.

Total Expenses for Q1FY24 of ₹892.00 Crores up from ₹842.00 Crores year on year, a rise of 5.94%.

Consolidated Net Profit of ₹129.00 Crores up 53.57% from ₹84.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹114.70, up 53.34% from ₹74.80 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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