3M India reports standalone net profit of Rs 65.69 crore in the March 2021 quarter

Sales rise 22.64% to Rs 769.23 crore

Net profit of 3M India reported to Rs 65.69 crore in the quarter ended March 2021 as against net loss of Rs 25.83 crore during the previous quarter ended March 2020. Sales rose 22.64% to Rs 769.23 crore in the quarter ended March 2021 as against Rs 627.21 crore during the previous quarter ended March 2020.

For the full year,net profit declined 31.82% to Rs 149.30 crore in the year ended March 2021 as against Rs 218.97 crore during the previous year ended March 2020. Sales declined 12.46% to Rs 2420.36 crore in the year ended March 2021 as against Rs 2764.88 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales769.23627.21 23 2420.362764.88 -12 OPM %12.43-1.81 -9.8212.29 - PBDT102.85-0.78 LP 262.12377.78 -31 PBT89.02-16.13 LP 202.44320.40 -37 NP65.69-25.83 LP 149.30218.97 -32

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