3M India ‘s Q3 2024-25 Latest News: Profit Drops by 8.67% YoY

Today, we’re looking at 3M India Limited’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 15.73 %. However, it did see a marginal slip of -1.88 % from the previous quarter. Expenses ticked up slightly by 0.91 % quarter-on-quarter, aligning with the annual rise of 20.75 %. Operating profit, while down -7.58 % compared to last year, faced a quarter-on-quarter dip of -15.95 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -3.56 %, but a shrinkage of -2.36 % sequentially. Other income fell by -7.35 % compared to the last quarter, despite an annual growth of 21 %. Interest expenses dropped significantly by -36.59 % from the previous quarter, yet the year-over-year increase remains at a moderate 267.11 %. Depreciation costs climbed by 0.14 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 9.03 %. Profit before tax declined annually by -7.73 % but saw a reduction from the preceding quarter by -15.84 %.
Tax expenses as a percentage of profits increased slightly by 0.76 % compared to last year, with a more notable quarter-on-quarter decrease of -0.76 %. Net profit fell by -8.67 % year-on-year but witnessed a -14.96 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -8.67 % but a quarterly fall of -14.96 %. In summary, 3M India Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing 3M India Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 15.73 % year-on-year growth, although there was a slight dip of -1.88 % from the previous quarter. Expenses rose by 20.75 % compared to the previous year, with a 0.91 % increase quarter-on-quarter. Operating Profit dropped by -7.58 % annually, and saw a -15.95 % decrease from the last quarter.
Net Profit showed yearly decrease of -8.67 %, and experienced a -14.96 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -8.67 % annually, however dipped by -14.96 % compared to the last quarter. In essence, while 3M India Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.