Net profit of 3M India rose 8.36% to Rs 135.24 crore in the quarter ended December 2023 as against Rs 124.81 crore during the previous quarter ended December 2022. Sales rose 1.27% to Rs 1005.64 crore in the quarter ended December 2023 as against Rs 993.03 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales1005.64993.03 1 OPM %17.7617.18 - PBDT194.35182.02 7 PBT181.23167.34 8 NP135.24124.81 8 Powered by Capital Market - Live News

3M India will hold a meeting of the Board of Directors of the Company on 8 February 2024.Powered by Capital Market - Live News

Net profit of 3M India rose 37.54% to Rs 146.11 crore in the quarter ended September 2023 as against Rs 106.23 crore during the previous quarter ended September 2022. Sales rose 6.43% to Rs 1039.52 crore in the quarter ended September 2023 as against Rs 976.70 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales1039.52976.70 6 OPM %18.4812.58 - PBDT208.80157.29 33 PBT195.91142.68 37 NP146.11106.23 38 Powered by Capital Market - Live News

3M India will hold a meeting of the Board of Directors of the Company on 10 November 2023.Powered by Capital Market - Live News

The Board of 3M India at its meeting held on 29 September 2023 has approved amendments to the Intellectual Property Agreement with 3M Company USA and 3M Innovative Properties Company (3M IPC), for the provision of technology, intellectual property, products and services to 3M India. With the said amendments, effective retrospectively from 01 April 2023, the royalty payable will now reduce from 2.4% of total turnover to 1.95% of turnover (royalty was 1.54% of turnover in FY 22-23 under the previous rates). Powered by Capital Market - Live News