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3M India Ltd Q3FY24; 8% 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.(Source : 202003 Annual Report Page No:137)

Financial Results:

3M India Ltd reported Revenues for Q3FY24 of ₹1,006.00 Crores up from ₹993.00 Crore year on year, a rise of 1.31%.

Total Expenses for Q3FY24 of ₹841.00 Crores up from ₹838.00 Crores year on year, a rise of 0.36%.

Consolidated Net Profit of ₹135.00 Crores up 8.0% from ₹125.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹120.05, up 8.36% from ₹110.79 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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