 "It reported a pre-tax loss of Rs 54.17 crore, down from Rs 131 crore pre-tax profit reported in Q1FY20")
Shares of 3M India skid 4.2 per cent to Rs 20,925 on the BSE on Friday after the company reported weak set of June quarter numbers. At 10:17 am, the stock was quoting 3.8 per cent lower at Rs 21,011, as against 0.45 per cent rise in the benchmark S&P BSE Sensex.
It's standalone net loss came in at Rs 39.91 crore during the quarter under review, compared to Rs 84.9 crore profit in the year-ago period. Besides, it reported a pre-tax loss of Rs 54.17 crore, down from Rs 131 crore pre-tax profit reported in Q1FY20. Total income from operation
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