3M India shares declined 2.13% to trade at ₹34,200 at 10:37 am, according to reports from Moneycontrol.com. The stock is a constituent of the Nifty Midcap 150 index, with this downward movement occurring against the backdrop of the company's recent financial performance and corporate actions. The mixed picture of growth and quarterly fluctuations presents a complex assessment for investors.
For the year-ending March 2024, 3M India reported consolidated revenue of ₹4,189.36 crore, marking a 5.81% increase from ₹3,959.37 crore in the previous fiscal year. As reported by Moneycontrol.com, net profit witnessed substantial growth of 29.35% to ₹583.42 crore in March 2024 from ₹451.02 crore in March 2023. Earnings Per Share (EPS) for the year-ending March 2024 stood at ₹517.90, up from ₹400.37 in March 2023. The company has consistently maintained a debt-to-equity ratio of 0.00, indicating a debt-free financial structure.
For the quarter-ending June 2024, 3M India reported consolidated revenue of ₹1,046.57 crore and net profit of ₹157.15 crore, according to Moneycontrol.com reports. This represents a quarter-on-quarter decline of 4.38% in revenue from ₹1,094.55 crore in the quarter-ending March 2024, and a 9.08% decline in net profit from ₹172.85 crore in the same period. The EPS for the quarter-ending June 2024 was ₹139.50.
For the year-ending March 2026, 3M India's standalone sales reached ₹5,089 crore with net profit of ₹522 crore, as reported by Moneycontrol.com. This represents a 14.49% increase in sales from ₹4,445 crore in March 2025, and a 9.66% rise in net profit from ₹476 crore over the same period. The Earnings Before Interest and Tax (EBIT) increased to ₹937 crore in March 2026 from ₹784 crore in March 2025, a growth of 19.51%.
3M India has consistently returned value to shareholders through dividends, as reported by Moneycontrol.com. For the fiscal year 2026, the company announced a Final Dividend of ₹160.00 per share (1600%) and a Special Dividend of ₹346.00 per share (3460%) with an ex-date of July 17, 2026. For the fiscal year 2025, a Final Dividend of ₹160.00 per share (1600%) and a Special Dividend of ₹375.00 per share (3750%) were announced with an ex-date of July 25, 2025. In fiscal year 2024, a Final Dividend of ₹160.00 per share (1600%) was announced with an ex-date of July 5, 2024.
