3M India Q1 Results Live : profit rise by 21.62% YOY
3M India Q1 Results Live : Revenue decreased by 0.29% YoY & profit increased by 21.62% YoY
3M India Q1 Results Live : 3M India declared their Q1 results on 06 Aug, 2024. The topline decreased by 0.29% & the profit increased by 21.62% YoY.
Compared to the previous quarter, the revenue declined by 4.38% and the profit decreased by 9.08%.
The Selling, general & administrative expenses rose by 15.58% q-o-q & decreased by 1.82% Y-o-Y.
The operating income was down by 4.72% q-o-q & increased by 20.64% Y-o-Y.
The EPS is ₹139.5 for Q1 which increased by 21.62% Y-o-Y.
3M India has delivered -3.85% return in the last 1 week, 16.5% return in the last 6 months and 3.43% YTD return.
Currently, 3M India has a market cap of ₹42891.53 Cr and 52wk high/low of ₹40642.95 & ₹26274.3 respectively.
As of 07 Aug, 2024, out of 1 analysts covering the company, 1 analyst has given a Strong Buy rating.
The consensus recommendation as of 07 Aug, 2024, was to Strong Buy.
3M India Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 1046.57 | 1094.55 | -4.38% | 1049.66 | -0.29% |
| Selling/ General/ Admin Expenses Total | 106.6 | 92.23 | +15.58% | 108.58 | -1.82% |
| Depreciation/ Amortization | 13.58 | 13 | +4.48% | 13.93 | -2.48% |
| Total Operating Expense | 854.69 | 893.17 | -4.31% | 890.6 | -4.03% |
| Operating Income | 191.88 | 201.38 | -4.72% | 159.05 | +20.64% |
| Net Income Before Taxes | 210.97 | 230.81 | -8.6% | 173.26 | +21.76% |
| Net Income | 157.15 | 172.85 | -9.08% | 129.21 | +21.62% |
| Diluted Normalized EPS | 139.5 | 153.44 | -9.08% | 114.7 | +21.62% |
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