X

3M India Ltd Q2FY24; 34% 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 Q2FY24 of ₹975.00 Crores up from ₹925.00 Crore year on year, a rise of 5.41%.

Total Expenses for Q2FY24 of ₹811.00 Crores down from ₹824.00 Crores year on year, a fall of 1.58%.

Consolidated Net Profit of ₹134.00 Crores up 34.0% from ₹100.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹118.77, up 33.98% from ₹88.65 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.

Related Post