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3M India (523395) investor relations material
3M India Q2 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q2 FY26-27 revenue from operations rose 14.7% YoY to ₹1,452.49 crore, while PAT fell 17.2% to ₹158.48 crore.
Sales grew across all four principal business segments; Transportation & Electronics led with 23.4% YoY growth.
Financial highlights
Q2 total income was ₹1,463.66 crore; PBT was ₹212.32 crore, down 15.3% YoY, and EBITDA was ₹234 crore, down 12.7% YoY.
Q2 basic and diluted EPS were ₹140.68 each, versus ₹169.85 in Q2 FY25-26.
H1 revenue from operations was ₹2,875.70 crore; PAT was ₹391.55 crore versus ₹369.02 crore in H1 FY25-26.
H1 PBT was ₹514.48 crore, including a ₹73.13 crore gain from the Pimpri land sale; PBT before exceptional items was ₹441.35 crore.
Outlook and guidance
Management cited continued Q2 sales momentum, driven by focus on commercial and innovation excellence; no quantified forward guidance was stated.
Healthcare distribution relationship with Solventum was extended to March 31, 2031, subject to agreement provisions; specified P&F distribution rights are set to transition to Thermo Fisher, subject to closing conditions.
- Q1 FY26 revenue up 19% YoY; PAT surged 31.2% on land sale gain, all segments grew.523395
Q1 26/27 - Double-digit sales growth and industry awards highlight strong innovation and operational excellence.523395
Investor presentation - Double-digit growth in all segments, robust profits, and a Rs. 506/share dividend proposed.523395
Q4 25/26 - India sales up 13.6% YTD, fueled by innovation, local R&D, and strategic leadership.523395
Investor presentation - Q3 FY26 saw 12.7% sales growth YoY, but a net loss due to exceptional labor and tax charges.523395
Q3 25/26 - Q2 FY26 delivered 14% sales growth and 43% PAT growth YoY, with broad-based segment gains.523395
Q2 25/26 - Q1 FY25 profit rose 22% year-over-year on flat revenue, led by Consumer and Safety & Industrial.523395
Q1 24/25 - Revenue up 8% YoY, profit and margins down; Health Care leads, cost pressures persist.523395
Q3 24/25 - FY 2024-25 saw 6.1% revenue growth, margin pressure, and a focus on localization and innovation.523395
Status Update
Next 3M India earnings date
Next 3M India earnings date
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