3M India announced its financial results for the first quarter ended June 30, 2026. The company reported a 19.0% YoY revenue growth, reaching ₹1,423 crore. Profit After Tax (PAT) surged by 31.2% to ₹233 crore, boosted by an exceptional gain from a land sale. Excluding this gain, PBT declined by 4.3% YoY due to currency depreciation.
3M India Announces Strong Q1 FY27 Financial Performance
3M India Limited has announced its financial results for the first quarter ended June 30, 2026. The company achieved a significant 19.0% year-on-year (YoY) growth in revenue, totaling ₹1,423 crore. This broad-based growth was observed across all four business segments: Safety & Industrial, Transportation & Electronics, Health Care, and Consumer.
Profitability and Exceptional Items
Profit After Tax (PAT) for the quarter saw a substantial increase of 31.2% YoY, reaching ₹233 crore. This growth was influenced by an exceptional item related to the sale of land at Pimpri, Pune, which generated a net gain of ₹73.13 crore. Excluding exceptional items, the Profit Before Tax (PBT) experienced a decline of 4.3% YoY, primarily attributed to the impact of Indian Rupee depreciation.
Segment Performance Highlights
The company highlighted strong performance across its segments. Health Care grew by 23.5%, Safety & Industrial by 23.0%, Transportation & Electronics by 14.4%, and Consumer by 13.4% compared to the prior year. This marks the fifth consecutive quarter of double-digit YoY sales growth for 3M India.
Managing Director’s Commentary
Mr. Aseem Joshi, Managing Director of 3M India, commented, “The Company delivered 19.0% sales growth in the first quarter versus Q1 prior year. The Company delivered broad-based growth across all four business segments. … These results also reflect traction from the sales and marketing investments the Company has been making and our continued focus on Commercial and Innovation excellence. The Company’s profit after tax grew 31.2% to INR 233 crores including the exceptional items. The company’s profitability excluding the exceptional items declined YoY primarily due to the impact of Indian Rupee depreciation. I thank our teams for their disciplined execution during the quarter, and for maintaining a strong customer focus.”
Source: BSE
