3M India Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025.
3MINDIA · price
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3M India reported Q2 FY26 (quarter ended Sept 30, 2025) revenue from operations of Rs. 1,266.5 crores, up 14.0% year-on-year from Rs. 1,110.8 crores. Profit after tax jumped 43.0% YoY to Rs. 191.3 crores, while profit before tax rose 37.0% to Rs. 250.8 crores. EBITDA grew 33.1% YoY, indicating margin expansion. All four business segments (Transportation & Electronics, Safety & Industrial, Health Care, Consumer) posted YoY sales growth. For H1 FY26, PAT grew about 27% to Rs. 369 crores on Rs. 2,462 crores of revenue. The Board also approved the appointment of M.D. Ranganath (former Infosys CFO) as an Additional Independent Director from Feb 2, 2026, and the appointment of Price Waterhouse & Co Chartered Accountants LLP as statutory auditors for a five-year term from 2026, replacing B S R & Co. LLP. The promoter 3M Company USA is selling its global Precision Grinding & Finishing business to Nimbus, which contributed less than 1% of 3M India's revenue. The statutory auditors issued an unqualified review opinion.
Strong broad-based growth with healthy margin expansion signals solid operating performance; positive read for shareholders. The dividend outflow of Rs. 602.7 crores during the quarter reduced cash on hand but the balance sheet remains debt-free with strong reserves.