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3M India reports 87% rise in Q3 consolidated net profit

08 Feb 2023 Evaluate

3M India has reported results for third quarter ended December 31, 2022. (Q3FY23)

The company has reported rise of 66.48% in its net profit at Rs 112.77 crore for Q3FY23 as compared to Rs 67.74 crore for the corresponding quarter previous year. Total income of the company increased by 22.56% to Rs 943.41 crore for the quarter under review as compared to Rs 769.75 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported rise of 87.01% in its net profit at Rs 124.81 crore for Q3FY23 as compared to Rs 66.74 crore for the same quarter in the previous year. Total income of the company increased by 20.51% to Rs 1,005.02 crore for the quarter under review as compared to Rs 833.97 crore for the same quarter in the previous year.

Peers
Company Name CMP
Grasim Industries 2903.05
DCM Shriram 1012.15
3M India 30605.30
Hindustan Foods 577.55
Balmer Lawrie & Co 159.05
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