3M India posts consolidated PAT of Rs. 66.74 crores in Q3FY22

3M India Limited has reported Consolidated financial results for the period ended December 31, 2021.

Financial Results (Q3 FY2022) - QoQ Comparison

The company has reported total income of Rs. 833.9701 crores during the period ended December 31, 2021 as compared to Rs. 848.5256 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 66.7444 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 64.2157 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 59.25 for the period ended December 31, 2021 as compared to Rs. 57 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹833.9701 crs	₹848.5256 crs	-1.72%
Net Profit	₹66.7444 crs	₹64.2157 crs	3.94%
EPS	₹59.25	₹57	3.95%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs.833.9701 crores during the period ended December 31, 2021 as compared to Rs.747.1291 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.66.7444 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.59.3871 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.59.25 for the period ended December 31, 2021 as compared to Rs.52.72 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹833.9701 crs	₹747.1291 crs	11.62%
Net Profit	₹66.7444 crs	₹59.3871 crs	12.39%
EPS	₹59.25	₹52.72	12.39%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.2434.3589 crores during the 9 Months period ended December 31, 2021 as compared to Rs.1795.5202 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.161.0560 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.91.9069 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.142.97 for the 9 Months period ended December 31, 2021 as compared to Rs.81.59 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹2434.3589 crs	₹1795.5202 crs	35.58%
Net Profit	₹161.0560 crs	₹91.9069 crs	75.24%
EPS	₹142.97	₹81.59	75.23%

Shares of 3M India Limited was last trading in BSE at Rs. 24985.90 as compared to the previous close of Rs. 25009.45. The total number of shares traded during the day was 97 in over 52 trades.

The stock hit an intraday high of Rs. 25074.00 and intraday low of 24878.05. The net turnover during the day was Rs. 2425501.00.

Source : Equity Bulls

Keywords

3MIndia Q3FY22 9MFY22 ResultUpdate