β€Ή All Posts
SASI KUMAR SEBI RA

14th Aug Β· SEBI Registration INH000019327

3M India Limited Q1 FY27 Results πŸ‘‡

3M India Limited delivered a mixed quarter. Profit looks higher, but this is mainly because of a β‚Ή73.13 Cr one-time gain from selling land. Without this, the main business performance is weak due to lower margins and rupee weakness. YoY (Standalone) ✧ Revenue from Operations: β‚Ή1,423.21 Cr (+19.00%) ✧ Total Income: β‚Ή1,434.85 Cr (+18.49%) ✧ Profit Before Tax: β‚Ή302.16 Cr (+26.22%) ✧ Net Profit (Attributable to Owners): β‚Ή233.07 Cr (+31.17%) QoQ (Standalone) ✧ Revenue from Operations: β‚Ή1,423.21 Cr (+1.71%) ✧ Total Income: β‚Ή1,434.85 Cr (+1.67%) ✧ Profit Before Tax: β‚Ή302.16 Cr (+4.49%) ✧ Net Profit (Attributable to Owners): β‚Ή233.07 Cr (+8.23%) Negatives: ❌ Profit includes β‚Ή73.13 Cr from land sale. If we remove this, actual profit fell 4.3% compared to last year and 8.0% compared to last quarter. ❌ Overall profit margins reduced. Transportation & Electronics segment profit dropped sharply to β‚Ή67.72 Cr from β‚Ή89.98 Cr last year, even though sales increased. ❌ Finance cost increased to β‚Ή3.98 Cr and rupee weakness also affected margins. Positives: βœ… Sales increased well across segments, especially Healthcare and Industrial. βœ… This is the 5th continuous quarter of strong sales growth.

#PersonalFinance#StockInNews#EquityResearch#Post-ClosingCommentary
638 likesΒ·68 comments