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3M India - Quaterly Results

10 Aug 2023 Evaluate
The company witnessed a 9.79% growth in the revenue at Rs. 9768.51 millions for the quarter ended June 2023 as compared to Rs. 8897.73 millions during the year-ago period.The company has announced a 45.39% increase in its profits to Rs . 1166.69  millions for the  quarter ended June 2023 compared to Rs. 802.47 millions in the corresponding quarter in the previous year.Operating profit for the quarter ended June 2023 rose to 1711.54 millions as compared to 1221.31 millions of corresponding quarter ended June 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 9768.51 8897.73 9.79 9768.51 8897.73 9.79 37334.42 30783.01 21.28
Other Income 128.39 109.66 17.08 128.39 109.66 17.08 642.21 347.18 84.98
PBIDT 1711.54 1221.31 40.14 1711.54 1221.31 40.14 6240.13 4166.08 49.78
Interest 9.56 5.27 81.40 9.56 5.27 81.40 71.00 36.36 95.27
PBDT 1701.98 1216.04 39.96 1701.98 1216.04 39.96 6169.13 4129.72 49.38
Depreciation 136.57 138.80 -1.61 136.57 138.80 -1.61 561.17 532.76 5.33
PBT 1565.41 1077.24 45.32 1565.41 1077.24 45.32 5607.96 3596.96 55.91
TAX 398.72 274.77 45.11 398.72 274.77 45.11 1446.52 935.21 54.67
Deferred Tax -3.80 21.45 -117.72 -3.80 21.45 -117.72 49.87 -21.14 -335.90
PAT 1166.69 802.47 45.39 1166.69 802.47 45.39 4161.44 2661.75 56.34
Equity 112.65 112.65 0.00 112.65 112.65 0.00 112.65 112.65 0.00
PBIDTM(%) 17.52 13.73 27.65 17.52 13.73 27.65 16.71 13.53 23.50
Peers
Company Name CMP
Grasim Industries 3173.00
DCM Shriram 977.20
3M India 34561.90
Hindustan Foods 618.85
Balmer Lawrie & Co 164.30
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