3M India Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

Revenue growth is consistent, indicating strong demand and effective sales strategies.
Net profit reached ₹146.12 Crore, showcasing improved profitability versus previous quarters.
Operating profit margin remains robust, reflecting efficient cost management.

NEGATIVES

Revenue dipped slightly in the latest quarter, potentially indicating market saturation.
Expenses increased, impacting overall profitability despite revenue growth.
Other income has shown volatility, which may affect stability in future earnings.

Field	Sep 22	Dec 22	Mar 23	Jun 23	Sep 23	Dec 23	Mar 24	Jun 24
Revenue	976.70	993.03	1,046.04	1,049.66	1,039.52	1,005.64	1,094.55	1,046.57
Expenses	853.79	822.43	851.70	876.68	847.41	827.06	880.17	841.11
Operating Profit	122.91	170.61	194.34	172.98	192.11	178.58	214.38	205.46
Other Income	34.76	11.99	9.87	15.17	17.44	16.54	30.18	21.76
Interest	0.38	0.57	5.78	0.96	0.75	0.77	0.74	2.67
Depreciation	14.60	14.68	14.11	13.93	12.89	13.13	13	13.58
Profit Before Tax	142.69	167.34	184.31	173.26	195.91	181.23	230.81	210.97
Tax	36.45	42.53	48.59	44.05	49.80	45.99	57.96	53.82
Net Profit	106.23	124.81	135.72	129.21	146.12	135.24	172.85	157.15
Eps in Rs	94.30	110.79	120.48	114.70	129.71	120.05	153.44	139.50