5233952022-04-012022-06-305233952022-06-305233952022-04-012022-06-30in-bse-fin:OtherExpenses1Member5233952022-04-012022-06-30in-bse-fin:ReportableSegments1Member5233952022-04-012022-06-30in-bse-fin:ReportableSegments2Member5233952022-04-012022-06-30in-bse-fin:ReportableSegments3Member5233952022-04-012022-06-30in-bse-fin:ReportableSegments4Member5233952022-04-012022-06-30in-bse-fin:ReportableSegments5Member5233952022-04-012022-06-30in-bse-fin:ReportableSegments1Member5233952022-04-012022-06-30in-bse-fin:ReportableSegments2Member5233952022-04-012022-06-30in-bse-fin:ReportableSegments3Member5233952022-04-012022-06-30in-bse-fin:ReportableSegments4Member5233952022-04-012022-06-30in-bse-fin:ReportableSegments5Member5233952022-04-012022-06-30in-bse-fin:ReportableSegments1Member5233952022-06-30in-bse-fin:ReportableSegments1Member5233952022-04-012022-06-30in-bse-fin:ReportableSegments2Member5233952022-06-30in-bse-fin:ReportableSegments2Member5233952022-04-012022-06-30in-bse-fin:ReportableSegments3Member5233952022-06-30in-bse-fin:ReportableSegments3Member5233952022-04-012022-06-30in-bse-fin:ReportableSegments4Member5233952022-06-30in-bse-fin:ReportableSegments4Member5233952022-04-012022-06-30in-bse-fin:ReportableSegments5Member5233952022-06-30in-bse-fin:ReportableSegments5Member5233952022-04-012022-06-30in-bse-fin:ReportableSegments1Member5233952022-06-30in-bse-fin:ReportableSegments1Member5233952022-04-012022-06-30in-bse-fin:ReportableSegments2Member5233952022-06-30in-bse-fin:ReportableSegments2Member5233952022-04-012022-06-30in-bse-fin:ReportableSegments3Member5233952022-06-30in-bse-fin:ReportableSegments3Member5233952022-04-012022-06-30in-bse-fin:ReportableSegments4Member5233952022-06-30in-bse-fin:ReportableSegments4Member5233952022-04-012022-06-30in-bse-fin:ReportableSegments5Member5233952022-06-30in-bse-fin:ReportableSegments5Memberiso4217:INRxbrli:pureiso4217:INRxbrli:shares5233953MINDIANOTLISTEDINE470A010173M INDIA LIMITEDEquity2022-04-012023-03-312022-08-102022-08-01INRLakhsFirst quarterMulti segment2022-08-1012:18:002022-08-1013:32:00Not applicable2022-04-012022-06-30UnauditedConsolidated9435961000114555000955051600044444870002140151000-61052900010319190005356000142844000126528800084195160001131000000011310000002665900002181700028840700008425930000000842593000318200084577500000001126510001074.874.80074.874.80001. The above consolidated financial results of 3M India Limited and its subsidiary, 3M Electro & Communication India Private Limited (hereafter refer to as the 'Group') have been reviewed by the Audit Committee and approved by the Board of Directors on 10 August 2022. The statutory auditors have reviewed these results for the quarter ended 30 June 2022 and have issued an unmodified report. <BR> <BR> 2. The 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. <BR> <BR> 3. The figures for the quarter ended 31 March 2022 is the balancing figures between the audited figures in respect of the full financial year and the published unaudited year to date figures up to the third quarter of the previous financial year. Also the figures upto the end of the third quarter were only reviewed and not subjected to audit. <BR> <BR> 4. 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 has been filed with National Company Law Tribunal (NCLT) to amalgamate the wholly owned subsidiary. NCLT Chennai vide its order dated May 25, 2022 has dispensed with convening of the meeting of Equity Shareholders and the Creditors of 3M E&C. The Company and 3M E&C has filed the necessary applications to seek the approval for merger as per NCLT directions and the approval order is awaited. <BR> <BR> 5. The Holding Company 3M Company, USA on July 26, 2022 has announced its intent to spin off Health Care business. There are no accounting and disclosure consequences in the financial results for the quarter ended 30 June 2022 since the conditions prescribed under the relevant Ind AS is not fulfilled. <BR> <BR> 6. Additional information on standalone financial results <BR> <BR> Particulars "3 months ended "3 months ended "3 months ended "12 months ended <BR> 30 June 2022" 31 March 2022" 30 June 2021" 31 March 2022" <BR> (Unaudited) (Unaudited) (Unaudited) (Audited) <BR> a) Revenue from operations 88,977.28 84,917.75 68,854.07 307,830.08 <BR> b) Profit before tax 10,772.29 14,338.51 3,763.54 35,969.60 <BR> c) Profit after tax 8,024.55 10,559.18 2,796.10 26,617.51 <BR> d) Total comprehensive income 8,052.02 10,860.60 2,732.25 26,727.38 <BR> Other Expenses1265288000Safety & Industrial3112177000Transportation & Electronics3664045000Health Care1563972000Consumer1013393000Others82374000943596100009435961000Safety & Industrial227859000Transportation & Electronics347871000Health Care199654000Consumer206252000Others4016500010218010005356000-1145550001131000000Safety & Industrial5320617000Transportation & Electronics6063439000Health Care2187058000Consumer896860000Others0144679740001885929200033327266000Safety & Industrial2906318000Transportation & Electronics3055952000Health Care1336377000Consumer459527000Others077581740002887589000106457630001. The assets and liabilities are allocable to the extent they are identifiable to the respective segments. All the others are grouped under 'Unallocated'. <BR> <BR> 2. The figures for the quarter ended 31 March 2022 is the balancing figures between the audited figures in respect of the full financial year and the published unaudited year to date figures up to the third quarter of the previous financial year. Also the figures upto the end of the third quarter were only reviewed and not subjected to audit. <BR> <BR> 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. -42520001070000