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3M India standalone net profit rises 40.55% in the March 2017 quarter

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Capital Market

Sales rise 11.02% to Rs 623.91 crore

Net profit of 3M India rose 40.55% to Rs 90.39 crore in the quarter ended March 2017 as against Rs 64.31 crore during the previous quarter ended March 2016. Sales rose 11.02% to Rs 623.91 crore in the quarter ended March 2017 as against Rs 561.97 crore during the previous quarter ended March 2016.

For the full year,net profit rose 23.62% to Rs 240.76 crore in the year ended March 2017 as against Rs 194.76 crore during the previous year ended March 2016. Sales rose 10.44% to Rs 2362.98 crore in the year ended March 2017 as against Rs 2139.60 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales623.91561.97 11 2362.982139.60 10 OPM %21.7417.25 -15.6115.72 - PBDT149.89101.88 47 415.98352.03 18 PBT138.4389.49 55 369.23303.10 22 NP90.3964.31 41 240.76194.76 24

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First Published: May 26 2017 | 3:54 PM IST

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