3M India Limited reported strong financial growth for the fiscal year ended March 31, 2026, with a 14.5% increase in annual revenue. The Board of Directors has recommended a total dividend of Rs. 506/- per share, comprising a final and special dividend. Additionally, the company announced key leadership changes, including the appointment of Mr. M D Ranganath as the new Chairman of the Board effective May 27, 2026.
Financial Performance Overview
For the financial year ended March 31, 2026, 3M India Limited achieved a total income from operations of Rs. 5,138.50 crore, compared to Rs. 4,515.82 crore in the previous year. The company recorded a net profit after tax of Rs. 522.32 crore. For the fourth quarter (Jan-Mar 2026) alone, the company reported revenue of Rs. 1,411.23 crore, reflecting a solid performance across all business segments.
Segment Growth Highlights
The company experienced double-digit growth across its diverse business portfolio for the fiscal year. Segment-wise annual revenue performance included Safety & Industrial at Rs. 1,640.04 crore, Transportation & Electronics at Rs. 1,845.54 crore, Health Care at Rs. 1,016.58 crore, and Consumer segment at Rs. 537.24 crore.
Dividend and Shareholder Returns
The Board of Directors has recommended a total dividend of Rs. 506/- per equity share of face value Rs. 10/- each. This recommendation consists of a final dividend of Rs. 160/- and a special dividend of Rs. 346/- per share. The dividend payout is subject to shareholder approval at the upcoming Annual General Meeting in August 2026, with July 17, 2026, set as the record date for entitlement.
Leadership Transitions
The company announced significant leadership changes to its Board of Directors. Mr. M D Ranganath has been unanimously appointed as the Chairman of the Board, effective May 27, 2026. Furthermore, the company will welcome Ms. Kavita Nair as an Additional Director, categorized as a Non-Executive and Independent Director, for a five-year term starting May 27, 2026, following the retirement of Ms. Radhika Rajan.
Source: BSE
