3M India Ltd posts consolidated PAT up QoQ at Rs. 64.21 crore

3M India Limited has reported Consolidated financial results for the period ended September 30, 2021.

Financial Results (Q2 FY2022) - QoQ Comparison

The company has reported total income of Rs. 848.5256 crores during the period ended September 30, 2021 as compared to Rs. 751.8632 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 64.2157 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 30.0959 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 57 for the period ended September 30, 2021 as compared to Rs. 26.72 for the period ended June 30, 2021.

Financials	Q2 FY2022	Q1 FY2022	% Change
Total Income	₹ 848.5256 crs	₹751.8632 crs	12.86%
Net Profit	₹64.2157 crs	₹30.0959 crs	113.37%
EPS	₹57	₹26.72	113.32%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 848.5256 crores during the period ended September 30, 2021 as compared to Rs.695.8030 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.64.2157 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.75.0373 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.57 for the period ended September 30, 2021 as compared to Rs.66.61 for the period ended September 30, 2020.

Financials	Q2 FY2022	Q2 FY2021	% Change
Total Income	₹ 848.5256 crs	₹695.8030 crs	21.95%
Net Profit	₹64.2157 crs	₹75.0373 crs	-14.42%
EPS	₹57	₹66.61	-14.43%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.1600.3888 crores during the 6 Months period ended September 30, 2021 as compared to Rs.1048.3911 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.94.3116 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.32.5198 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.83.72 for the 6 Months period ended September 30, 2021 as compared to Rs.28.87 for the 6 Months period ended September 30, 2020.

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹1600.3888 crs	₹1048.3911 crs	52.65%
Net Profit	₹94.3116 crs	₹32.5198 crs	190.01%
EPS	₹83.72	₹28.87	189.99%

Shares of 3M India Limited was last trading in BSE at Rs. 27000.75 as compared to the previous close of Rs. 26863.75. The total number of shares traded during the day was 71 in over 59 trades.

The stock hit an intraday high of Rs. 27285.85 and intraday low of 26660.00. The net turnover during the day was Rs. 1916314.00.

Source : Equity Bulls

Keywords

3MIndia Q2FY22 H1FY22 ResultUpdate