3M India Reports Strong Revenue Growth in Q1 FY26; PAT Jumps 31.2%
Bengaluru: 3M India Limited has announced its financial results for the first quarter of fiscal year 2026 (Q1 FY26), demonstrating broad-based growth across all business segments and reporting a significant rise in profit after tax (PAT). The company saw sales and other operating income increase by 19.0% on a year-on-year (YoY) basis, while Profit After Tax (PAT) grew by 31.2%.The results reflect the company's fifth consecutive quarter of double-digit YoY sales growth, a trend driven by investments in commercial and innovation excellence.
Q1 FY26 Financial Highlights
For the three months ended June 30, 2026, 3M India recorded total revenue from operations amounting to Rs 1,423 crore. While the company saw positive overall growth, the profitability metrics showed mixed results when comparing performance with prior periods.Key financial figures for Q1 FY26 compared against the previous corresponding periods are presented below:
| Particulars | April-June 2026 | April-June 2025 | % Growth (YoY) |
|---|---|---|---|
| Sales & Other Operating Income | 1,423 | 1,196 | 19.0% |
| PBT before exceptional items | 229 | 239 | -4.3% |
| PBT after exceptional items | 302 | 239 | 26.2% |
| PAT | 233 | 178 | 31.2% |
When analyzing the quarter-on-quarter (QoQ) performance, Sales and Other Operating Income stood at Rs 1,423 crore, representing a 1.7% growth compared to Q1 FY25. Profit After Tax saw an increase of 8.2%, reaching 233 crore against 215 crore in the prior quarter.
Segment Performance Breakdown
The company's strength is evident across its diverse business segments. All four primary operational areas—Safety and Industrial, Transportation & Electronics, Health Care, and Consumer—reported revenue growth year-on-year (YoY).Segment revenues for Q1 FY26, alongside their respective results, are detailed as follows:
| Segment | Revenue from Operations (Rs. in Crores) | Segment Results (Rs. in Crores) |
|---|---|---|
| Safety & Industrial | 465.33 | 69.82 |
| Transportation & Electronics | 503.36 | 67.72 |
| Health Care | 296.99 | 58.92 |
| Consumer | 147.96 | 23.13 |
| Others | 9.57 | 1.78 |
Management Commentary on Growth and Challenges
Commenting on the results, Mr. Aseem Joshi, Managing Director of 3M India Limited, highlighted that the company successfully delivered a 19.0% sales growth in Q1 FY26. He noted broad-based growth across all four business segments: Health Care grew by 23.5%, Safety and Industrial grew by 23.0%, Transportation & Electronics grew by 14.4%, and Consumer segments grew by 13.4% compared to the prior year.Mr. Joshi also stated that PAT, including exceptional items, grew 31.2% to 233 crore. However, he noted that profitability excluding exceptional items declined YoY, attributing this decline primarily to the impact of Indian Rupee depreciation. He thanked the teams for disciplined execution and maintaining a strong customer focus during the quarter.
3MINDIA Stock Price Movement
As of 1:19 PM, shares of 3M India Limited are shedding value by 1.37% in live trading, currently at ₹35670.The equity has seen a volume of 12,274 shares as it navigates the current market session.
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