3M India Ltd posts consolidated Q1FY23 PAT of Rs. 28.84 crores

3M India Limited has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 955.0516 crores during the period ended June 30, 2022 as compared to Rs. 934.8062 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 84.2593 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 110.9151 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 74.80 for the period ended June 30, 2022 as compared to Rs. 98.46 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 955.0516 crs	₹934.8062 crs	2.17%
Net Profit	₹84.2593 crs	₹110.9151 crs	-24.03%
EPS	₹74.80	₹98.46	-24.03%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 955.0516 crores during the period ended June 30, 2022 as compared to Rs.751.8632 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.84.2593 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.30.0959 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.74.80 for the period ended June 30, 2022 as compared to Rs.26.72 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 955.0516 crs	₹751.8632 crs	27.02%
Net Profit	₹84.2593 crs	₹30.0959 crs	179.97%
EPS	₹74.80	₹26.72	179.94%

Shares of 3M India Limited was last trading in BSE at Rs. 22776.80 as compared to the previous close of Rs. 23667.35. The total number of shares traded during the day was 476 in over 362 trades.

The stock hit an intraday high of Rs. 24029.35 and intraday low of 22554.05. The net turnover during the day was Rs. 11121083.00.

Source : Equity Bulls

Keywords

3MIndia Q1FY23 ResultUpdate