3M India Limited has reported strong financial results for the fiscal year ending March 31, 2026. The company achieved a 14.5% annual sales growth and declared a significant total dividend of Rs. 506 per equity share. Additionally, the company announced key leadership changes, including the appointment of Ms. Kavita Nair as an Independent Director and Mr. M D Ranganath as the new Chairman of the Board, effective May 27, 2026.
Financial Performance Highlights
For the financial year ended March 31, 2026, 3M India Limited reported total revenue of Rs. 5,138.50 crores, marking a healthy growth over the previous year. The company’s net profit stood at Rs. 522.32 crores. In the fourth quarter alone, sales reached Rs. 1,399.24 crores, reflecting a 16.8% growth compared to the same period in the previous year. All primary business segments, including Healthcare, Safety & Industrial, Consumer, and Transportation & Electronics, delivered double-digit growth for the full year.
Dividend Announcement
The Board of Directors has recommended a robust total dividend of Rs. 506 per equity share. This amount comprises a final dividend of Rs. 160 and a special dividend of Rs. 346. The payment is subject to shareholder approval at the upcoming Annual General Meeting in August 2026. The record date to determine shareholder entitlement has been set for July 17, 2026.
Leadership and Governance Updates
As part of its board succession planning, the company announced that Ms. Radhika Rajan will conclude her tenure as an Independent Director on May 26, 2026. Succeeding her is Ms. Kavita Nair, who joins as an Additional Director (Non-Executive and Independent) effective May 27, 2026, for a five-year term. Furthermore, the Board has unanimously appointed Mr. M D Ranganath to serve as the Chairman of the Board, also effective May 27, 2026. The company has also reconstituted its various board committees to reflect these leadership transitions.
Source: BSE
