3M India reports Q1 profit pressure despite sales growth
pre-market1 source ↓written by the desknot a recommendation
- in sales
- 19% YoY increase
- reaching
- ₹1,423 cr
- due to higher
- ₹250 cr
- healthcare leading
- 23.5%
3M India reported a 19% YoY increase in sales for Q1 FY27, reaching ₹1,423 cr. However, profitability faced challenges with EBITDA declining 2.7% to ₹250 cr due to higher costs and rupee depreciation. All segments saw revenue growth, with healthcare leading at 23.5%. Immediate market implications may include cautious sentiment among investors.
Not investment advice. For informational purposes only.