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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

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3M India sees Q4 net profit grow 201% at ₹215 cr as compa...
2026-05-22 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine
Healthcare saw maximum growth of 21.30 per cent y-o-y to ₹283 crore

Healthcare saw maximum growth of 21.30 per cent y-o-y to ₹283 crore | Photo Credit: Vertigo3d;iStockphoto

Post-it notes maker 3M’s India division recorded a net profit surge of 201.7 per cent on a year-on-year (y-o-y) basis in the fourth quarter of FY26 to ₹215 crore due to double-digit growth across major segments like healthcare, industry, safety and transportation. Revenue from operations grew 16.77 per cent y-o-y to ₹1,399 crore in Q4FY26, while EBITDA grew 12.08 per cent y-o-y to ₹269 crore.

Double-digit growth

Healthcare saw maximum growth of 21.30 per cent y-o-y to ₹283 crore as domestic demand for medical equipment increased. This was followed by safety with 19.49 per cent growth to ₹455 crore, which was above the global average growth rate of the company in this sector. Consumer goods saw growth of 15.7 per cent to ₹135 crore and transport by 12.03 per cent. to ₹518 crore.

Commenting on the company’s results, Aseem Joshi, Managing Director of 3M India Limited, said: “For 2025-26, all business segments grew double-digits with health care business leading the company’s growth.”

Bumper dividend

Because of this growth, the company announced a bumper dividend of ₹506 per equity share with the final dividend of ₹160 and special dividend of ₹340 per share.

However, total expenses have increased 18 per cent y-o-y to ₹1,162 crore from ₹986 crore due to an increase in the price of commodities such as crude oil, copper and aluminium, as well as a one-time expense of ₹74 crore linked to the change in Indian labour codes and depreciation of the rupee against the dollar.

3M’s share price closed at ₹33,232, up 3 per cent on the BSE on Friday.

Published on May 22, 2026