3M India Q2 FY26-27 results: revenue Rs 1,452.49 cr, PAT Rs 158.48 cr

What the numbers show

• Net margin was 10.91% of revenue, down 419 bps from 15.11%.

• Total expenses rose 21.7% while revenue rose 14.7%.

• Purchases of stock-in-trade accounted for Rs 111.10 cr of the Rs 223.34 cr rise in total expenses (49%).

• Cost of materials took 36.2% of revenue, against 34.7% a year earlier.

• Basis & period: Standalone statement of unaudited financial results for the 3 months period ended 30 September 2026 vs 3 months period ended 30 September 2025 (statement of financial results).

• Revenue from operations: Rs 1,452.49 cr (3 months period ended 30 September 2026) vs Rs 1,266.49 cr (3 months period ended 30 September 2025).

• Other income: Rs 11.17 cr vs Rs 12.32 cr.

• Total income: Rs 1,463.66 cr vs Rs 1,278.81 cr.

• Cost of materials consumed: Rs 526.12 cr vs Rs 439.84 cr.

• Purchases of stock-in-trade: Rs 377.55 cr vs Rs 266.45 cr.

• Changes in inventories of finished goods, stock-in-trade and work-in-progress: Rs (1.33) cr vs Rs (1.10) cr.

• Employee benefit expenses: Rs 127.38 cr vs Rs 120.92 cr.

• Finance costs: Rs 4.27 cr vs Rs 2.32 cr.

• Depreciation and amortisation expense: Rs 17.61 cr vs Rs 15.04 cr.

• Other expenses: Rs 199.74 cr vs Rs 184.53 cr.

• Total expenses: Rs 1,251.34 cr vs Rs 1,028.00 cr.

• Profit before exceptional items and tax: Rs 212.32 cr vs Rs 250.81 cr.

• Exceptional items (income) / expenses: Rs - vs Rs -.

• Profit before tax: Rs 212.32 cr vs Rs 250.81 cr.

• Tax expense (total): Rs 53.84 cr vs Rs 59.47 cr.

• Profit after tax: Rs 158.48 cr vs Rs 191.34 cr.

• Total comprehensive income: Rs 158.41 cr vs Rs 190.14 cr.

• Paid up equity share capital (face value of Rs.10 each): Rs 11.27 cr vs Rs 11.27 cr.

• Earnings per share – Basic: Rs 140.68 vs Rs 169.85.

• Earnings per share – Diluted: Rs 140.68 vs Rs 169.85.

For the quarter ended 30 September 2026, 3M India reported standalone revenue from operations of Rs 1,452.49 cr, higher than Rs 1,266.49 cr in the corresponding 3 months period ended 30 September 2025, as per the statement of unaudited financial results. Including other income of Rs 11.17 cr (vs Rs 12.32 cr a year earlier), total income rose to Rs 1,463.66 cr from Rs 1,278.81 cr.

On the cost side, cost of materials consumed increased to Rs 526.12 cr from Rs 439.84 cr, while purchases of stock-in-trade rose to Rs 377.55 cr from Rs 266.45 cr. Employee benefit expenses moved up to Rs 127.38 cr from Rs 120.92 cr, and other expenses were Rs 199.74 cr compared with Rs 184.53 cr in the corresponding prior period. Finance costs were Rs 4.27 cr versus Rs 2.32 cr, and depreciation and amortisation expense was Rs 17.61 cr versus Rs 15.04 cr.

Total expenses for the quarter stood at Rs 1,251.34 cr, up from Rs 1,028.00 cr in the same quarter last year. Profit before exceptional items and tax (and profit before tax, as there were no exceptional items in either quarter) came in at Rs 212.32 cr, compared with Rs 250.81 cr a year earlier.

After a total tax expense of Rs 53.84 cr (vs Rs 59.47 cr), profit after tax for the 3 months period ended 30 September 2026 was Rs 158.48 cr, down from Rs 191.34 cr in the corresponding prior period. Total comprehensive income was Rs 158.41 cr versus Rs 190.14 cr. The company’s paid up equity share capital remained at Rs 11.27 cr, and basic and diluted earnings per share for the quarter were Rs 140.68, compared with Rs 169.85 for the 3 months period ended 30 September 2025.