3M India consolidated net profit rises 17.24% in the March 2021 quarter

Sales rise 22.89% to Rs 827.21 crore

Net profit of 3M India rose 17.24% to Rs 70.47 crore in the quarter ended March 2021 as against Rs 60.11 crore during the previous quarter ended March 2020. Sales rose 22.89% to Rs 827.21 crore in the quarter ended March 2021 as against Rs 673.15 crore during the previous quarter ended March 2020.

For the full year,net profit declined 49.60% to Rs 162.38 crore in the year ended March 2021 as against Rs 322.17 crore during the previous year ended March 2020. Sales declined 12.78% to Rs 2604.83 crore in the year ended March 2021 as against Rs 2986.55 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales827.21673.15 23 2604.832986.55 -13 OPM %12.3811.34 -9.9615.06 - PBDT109.3087.87 24 281.77491.90 -43 PBT94.8871.97 32 219.92432.57 -49 NP70.4760.11 17 162.38322.17 -50

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