3M India Limited has informed the Exchange regarding Outcome of Board Meeting held on May 22, 2026.
3MINDIA · price
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3M India Limited reported strong full-year FY2026 results with total income of Rs. 5,138.50 Crores (up 14.5% YoY from Rs. 4,516 Crores) and net profit after tax of Rs. 522.32 Crores (up 9.7% YoY from Rs. 476 Crores). Q4 standalone revenue was Rs. 1,399.24 Crores, up 16.8% YoY. All four business segments delivered double-digit growth for the year with Healthcare leading. The Board recommended a total dividend of Rs. 506 per share (Rs. 160 final dividend + Rs. 346 special dividend), with record date July 17, 2026. Notable items include Rs. 139.47 Crores tax expense and Rs. 31.49 Crores interest due to an Advance Pricing Agreement resolution, and Rs. 34.33 Crores exceptional charge for new labor code implementation. The auditors issued an unmodified opinion.
Strong topline growth and solid profitability despite one-time tax charges. The special dividend signals confidence, while new chairman and director appointments reflect board refreshment. Shareholders should benefit from the Rs. 506 dividend payout if approved at the August 2026 AGM.