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3M India - Quaterly Results

10 Nov 2023 Evaluate
The revenue for the September 2023 quarter is pegged at Rs. 9754.20 millions, about 5.45% up against Rs. 9249.81 millions recorded during the year-ago period.Net Profit recorded in the quarter ended September 2023 rise to 33.98% to Rs. 1337.97  millions  compared to R. 998.60 millions in corresponding previous quarter.Operating Profit saw a handsome growth to 1928.48 millions from 1486.51 millions in the quarter ended September 2023.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202309 202209 % Var 202309 202209 % Var 202303 202203 % Var
Sales 9754.20 9249.81 5.45 19522.71 18147.54 7.58 37334.42 30783.01 21.28
Other Income 147.32 340.16 -56.69 275.71 449.82 -38.71 642.21 347.18 84.98
PBIDT 1928.48 1486.51 29.73 3640.02 2707.82 34.43 6240.13 4166.08 49.78
Interest 7.41 3.76 97.07 16.97 9.03 87.93 71.00 36.36 95.27
PBDT 1921.07 1482.75 29.56 3623.05 2698.79 34.25 6169.13 4129.72 49.38
Depreciation 126.08 142.51 -11.53 262.65 281.31 -6.63 561.17 532.76 5.33
PBT 1794.99 1340.24 33.93 3360.40 2417.48 39.00 5607.96 3596.96 55.91
TAX 457.02 341.64 33.77 855.74 616.41 38.83 1446.52 935.21 54.67
Deferred Tax 1.38 17.16 -91.96 -2.42 38.61 -106.27 49.87 -21.14 -335.90
PAT 1337.97 998.60 33.98 2504.66 1801.07 39.07 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(%) 19.77 16.07 23.02 18.65 14.92 24.96 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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