3MINDIA2024-01-012024-03-31 3MINDIA2024-01-012024-03-31 3MINDIA2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member 3MINDIA2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member 3MINDIA2024-03-31 3MINDIA2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue01Member 3MINDIA2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue02Member 3MINDIA2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue03Member 3MINDIA2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue04Member 3MINDIA2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue05Member 3MINDIA2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue01Member 3MINDIA2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue02Member 3MINDIA2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue03Member 3MINDIA2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue04Member 3MINDIA2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue05Member 3MINDIA2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults01Member 3MINDIA2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults02Member 3MINDIA2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults03Member 3MINDIA2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults04Member 3MINDIA2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults05Member 3MINDIA2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults01Member 3MINDIA2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults02Member 3MINDIA2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults03Member 3MINDIA2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults04Member 3MINDIA2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults05Member 3MINDIA2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets01Member 3MINDIA2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets02Member 3MINDIA2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets03Member 3MINDIA2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets04Member 3MINDIA2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets05Member 3MINDIA2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member 3MINDIA2024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member 3MINDIA2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member 3MINDIA2024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member 3MINDIA2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities03Member 3MINDIA2024-03-31in-bse-fin:OneReportableSegmentLiabilities03Member 3MINDIA2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities04Member 3MINDIA2024-03-31in-bse-fin:OneReportableSegmentLiabilities04Member 3MINDIA2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities05Member 3MINDIA2024-03-31in-bse-fin:OneReportableSegmentLiabilities05Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 523395 3MINDIA NOTLISTED 3M India Limited Equity 2023-04-01 2024-03-31 2024-05-28 2024-05-21 INR Lakhs Yearly 13:02:00 14:35:00 2024-05-28 2024-05-28 true Cash Flow Indirect Declaration of unmodified opinion Multi segment 2024-01-01 2024-03-31 Audited Consolidated 10945463000.00 301800000.00 11247263000.00 4140227000.00 2272708000.00 105691000.00 922348000.00 7448000.00 129975000.00 1360730000.00 8939127000.00 2308136000.00 0.00 2308136000.00 583475000.00 -3871000.00 579604000.00 0.00 1728532000.00 0.00 0.00 0.00 0.00 1728532000.00 9807000.00 1738339000.00 0.00 0.00 0.00 0.00 112651000.00 10 153.44 153.44 0.00 0.00 153.44 153.44 1. The above consolidated financial results of 3M India Limited and its subsidiary, 3M Electro & Communication India Private Limited (hereafter referred to as the 'Group') have been reviewed by the Audit Committee and thereafter approved by the Board of Directors in its meeting held on 28 May 2024. 2.The annual results of the Group have been audited by the statutory auditors and they have issued an unqualified audit report on the same. The audit report of the Statutory auditors is being filed with the National Stock Exchange of India Limited ('NSE') and BSE Limited ('BSE') and is also available on the Company's website at https://www.3mindia.in/3M/en_IN/company-in/about-3m/financial-facts-local/. The figures for the quarter ended 31 March 2024 and 31 March 2023 are the balancing figures between the audited figures in respect of the full financial years and the published unaudited year to date figures up to the third quarter of the respective financial years. Also the figures upto the end of the third quarter were only reviewed and not subjected to audit. 3.The above consolidated financial results of the Group have been prepared in accordance with Indian Accounting Standards (Ind AS) as notified by the Ministry of Corporate Affairs pursuant to Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standard) Rules 2015, as amended and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 4.For the year 2023-24, the Board recommended a dividend of Rs. 685 per equity share (final dividend of Rs. 160 per equity share and special dividend of Rs. 525 per equity share) at its meeting held on 28 May 2024. This payment is subject to the approval of the shareholders in the ensuing Annual General Meeting of the Company. 5.The Boards of Directors of the Company and of 3M Electro & Communication India Private Limited (3M E&C), wholly owned subsidiary of the Company at their Meetings held on 17 September 2021 had approved the Scheme of Amalgamation of 3M E&C with the Company under Sections 230 to 232 of the Companies Act 2013 read with the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016. The Appointed Date fixed under the Scheme is April 01, 2021. The Scheme of Amalgamation of 3M E&C with the Company was filed with National Company Law Tribunal (NCLT) to amalgamate the wholly owned subsidiary. During the quarter ended September 30, 2023, the Company had received the approval from NCLT Chennai vide its Order dated August 25, 2023. Subsequent to the year end, NCLT Bangalore vide its meeting dated 1 May 2024, has reserved the Order which is not pronounced till the adoption of the above financial results by the Board of Directors of the Company. Accordingly, there is no impact of merger in the financial results of the Company for the year ended 31 March 2024. 6.The Holding Company 3M Company, USA on July 26, 2022 had announced its intent to spin off Health Care business. The Board of Directors in the earlier quarters had approved the proposal of 3M Company, USA for not to spin off the healthcare business of the Company in India and propose it to be operated under a licensed manufacturing, reselling and distributorship arrangements (herein after referred to as “agreements’) . Pursuant to the completion of the planned spin-off of the Healthcare business by 3M Company USA globally into Solventum with effect from 1 April 2024, the Company has entered into the agreements dated 31 March 2024 to conduct the business operation with Solventum and its affiliates. Multi segment 2023-04-01 2024-03-31 Audited Consolidated 41893624000.00 782909000.00 42676533000.00 15994630000.00 8592813000.00 484831000.00 3918488000.00 32165000.00 529356000.00 5312108000.00 34864391000.00 7812142000.00 0.00 7812142000.00 1978977000.00 -1003000.00 1977974000.00 0.00 5834168000.00 0.00 0.00 0.00 0.00 5834168000.00 -13332000.00 5820836000.00 0.00 0.00 0.00 0.00 112651000.00 10 21356383000.00 517.90 517.90 0.00 0.00 517.90 517.90 Other Expenses 1360730000.00 Other Expenses 5312108000.00 0.00 3117649000.00 123220000.00 0.00 0.00 206889000.00 0.00 0.00 0.00 0.00 0.00 1506000.00 94026000.00 95532000.00 278254000.00 1976079000.00 5797623000.00 5317935000.00 0.00 7030898000.00 10442888000.00 3135546000.00 4386000.00 85609000.00 20699327000.00 0.00 667351000.00 26684613000.00 0.00 0.00 32482236000.00 112651000.00 21356383000.00 21469034000.00 21469034000.00 0.00 0.00 87660000.00 87660000.00 330723000.00 0.00 0.00 0.00 418383000.00 0.00 8239223000.00 627014000.00 8866237000.00 584084000.00 767064000.00 377434000.00 0.00 10594819000.00 0.00 0.00 11013202000.00 32482236000.00 Consumer 1020138000.00 Health Care 2058392000.00 Others 24024000.00 Safety & Industrial 3333870000.00 Transportation & Electronics 4509039000.00 Consumer 4279593000.00 Health Care 7609259000.00 Others 177840000.00 Safety & Industrial 13332870000.00 Transportation & Electronics 16494062000.00 10945463000.00 41893624000.00 10945463000.00 41893624000.00 Consumer 176200000.00 Health Care 262369000.00 Others 12840000.00 Safety & Industrial 535141000.00 Transportation & Electronics 1027234000.00 Consumer 810387000.00 Health Care 727672000.00 Others 76283000.00 Safety & Industrial 1778434000.00 Transportation & Electronics 3668622000.00 2013784000.00 7061398000.00 7448000.00 32165000.00 -301800000.00 1. The assets and liabilities are allocable to the extent they are identifiable to the respective segments. All the others are grouped under 'Unallocated'. 2. The figures for the quarter ended 31 March 2024 and 31 March 2023 are the balancing figures between the audited figures in respect of the full financial years and the published unaudited year to date figures up to the third quarter of the respective financial years. Also the figures upto the end of the third quarter were only reviewed and not subjected to audit. 3. Segment Reporting in the consolidated financial results: Based on the management approach as defined in Ind AS 108 - Operating segments, the Chief Operating Decision Maker evaluates the Company's performance and allocates resources based on an analysis of various performance indicators by business segments. Accordingly, information has been presented along these business segments. The accounting principles used in the preparation of these consolidated financial results are consistently applied to record revenue and expenditure in individual segments. -782909000.00 2308136000.00 7812142000.00 Consumer 968147000.00 Health Care 2701843000.00 Others 16771942000.00 Safety & Industrial 5410139000.00 Transportation & Electronics 6630165000.00 32482236000.00 0.00 32482236000.00 Consumer 618510000.00 Health Care 1634517000.00 Others 2517658000.00 Safety & Industrial 3049210000.00 Transportation & Electronics 3193307000.00 11013202000.00 0.00 11013202000.00 32165000.00 789475000.00 -1186524000.00 17857000.00 0.00 -22704000.00 0.00 0.00 0.00 1071384000.00 0.00 94525000.00 0.00 69309000.00 0.00 529356000.00 -92362000.00 0.00 13621000.00 0.00 0.00 666900000.00 0.00 0.00 0.00 0.00 -7228000.00 -4423000.00 0.00 637551000.00 8449693000.00 0.00 0.00 0.00 2019344000.00 0.00 6430349000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -7848000.00 -314143000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -3080000000.00 0.00 0.00 0.00 0.00 0.00 0.00 692536000.00 0.00 0.00 0.00 -2693759000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 149249000.00 1126507000.00 0.00 0.00 0.00 -1275756000.00 2460834000.00 0.00 2460834000.00 7982054000.00 10442888000.00 13107000.00 -17816000.00 3300000.00 -4484000.00 0.00 0.00