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12-Nov-2023

3M India

OPM jumped by 590 bps


'For the quarter ending Sept 2023, consolidated Net sales (including other operating income) of 3M India has increased 6.43% to Rs 1039.52 crore compared to quarter ended Sept 2022.  Sales of Safety & Industrial segment has gone up 3.15% to Rs 332.00 crore (accounting for 31.94% of total sales).  Sales of Transportation & Electronics segment has gone up 4.66% to Rs 390.83 crore (accounting for 37.60% of total sales).  Sales of Health Care segment rose 20.03% to Rs 194.68 crore (accounting for 18.73% of total sales).  Sales of Consumer segment has gone up 2.85% to Rs 115.16 crore (accounting for 11.08% of total sales).  Sales of Others segment has gone down 5.77% to Rs 6.84 crore (accounting for 0.66% of total sales).  

Profit before interest, tax and other unallocable items (PBIT) has jumped 65.47% to Rs 179.22 crore.  PBIT of Safety & Industrial segment rose 122.91% to Rs 44.84 crore (accounting...



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