3MINDIA · Diversified
3M India Ltd. reported revenue of ₹1,006 cr for October to December 2023, — on the year and −3.3% on the quarter.
Operating profit (EBITDA) was ₹179 cr, a margin of 17.8%, — on the year and −67 bps on the quarter.
Net profit was ₹135 cr, — on the year and −7.5% on the quarter, with earnings per share of ₹120.05.
Written from the quarterly statements. The filing read adds the balance sheet and cash flow, the auditor's review, segment results, one-off items line by line and what management said on the call.
No check fired. That is a statement about the checks below, not a verdict on the company.
Could not run on this quarter: Headline vs core profit, Exceptional items that recur, Operating margin on the year, Depreciation falling, Finance cost rising, Swing to loss or profit, Cash behind the profit, Receivables against sales, Inventory against sales, Borrowing while holding cash, Auditor's review or audit report, IPO money used as stated, Related-party transactions, Exits, postponements, restatements, Promoter pledges and allotments, Earlier promises against delivery, When the results were filed. Most need the filing read (balance sheet, cash flow, auditor, disclosures).
| Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1,040 cr | ₹1,006 cr | ₹1,033 cr | ₹1,047 cr | ₹1,111 cr | ₹1,090 cr | ₹1,198 cr | ₹1,196 cr | ₹1,266 cr | ₹1,228 cr | ₹1,399 cr | ₹1,423 cr |
| YoY | — | — | — | +7% | +7% | +8% | +16% | +14% | +14% | +13% | +17% | +19% |
| EBITDA margin | 18.5% | 17.8% | 19.6% | 19.6% | 16.5% | 14.1% | 18.9% | 20.2% | 20.2% | 18.8% | 18.4% | 16.7% |
| Other income, % of PBT | 9% | 9% | 13% | 10% | 10% | 11% | 6% | 6% | 5% | −57% | 18% | 28% |
| Exceptional items | — | — | — | — | — | — | — | — | — | — | — | — |
| Tax rate | 25% | 25% | 25% | 26% | 27% | 26% | 68% | 26% | 24% | — | 26% | 23% |
| Net profit | ₹146 cr | ₹135 cr | ₹161 cr | ₹157 cr | ₹134 cr | ₹114 cr | ₹71.0 cr | ₹178 cr | ₹191 cr | −₹62.0 cr | ₹215 cr | ₹233 cr |
| YoY | — | — | — | +34% | −8% | −16% | −56% | +13% | +43% | −154% | +203% | +31% |
| Core profit YoY | — | — | — | +31% | −8% | −16% | +12% | +19% | +45% | +31% | +12% | −3% |
| EPS | ₹129.70 | ₹120.05 | ₹143.13 | ₹139.50 | ₹118.76 | ₹100.99 | ₹63.35 | ₹157.73 | ₹169.85 | −₹55.08 | ₹191.16 | ₹206.90 |
| Flags | · | · | · | ✓ | ✓ | 1 | ✓ | 1 | 1 | 2 | 2 | 2 |
Each quarter is read with the same rules. Balance-sheet and cash checks run on half-year and annual quarters; filing-read checks run where a read exists.
3M India Ltd. reported revenue of ₹1,006 cr (— on the year) and net profit of ₹135 cr (— on the year) for October to December 2023.
None of the 2 checks that could run raised a question.
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