3MINDIA2023-04-012023-06-30 3MINDIA2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member 3MINDIA2023-06-30 3MINDIA2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue01Member 3MINDIA2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue02Member 3MINDIA2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue03Member 3MINDIA2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue04Member 3MINDIA2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue05Member 3MINDIA2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults01Member 3MINDIA2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults02Member 3MINDIA2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults03Member 3MINDIA2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults04Member 3MINDIA2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults05Member 3MINDIA2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets01Member 3MINDIA2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets02Member 3MINDIA2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets03Member 3MINDIA2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets04Member 3MINDIA2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets05Member 3MINDIA2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities01Member 3MINDIA2023-06-30in-bse-fin:OneReportableSegmentLiabilities01Member 3MINDIA2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities02Member 3MINDIA2023-06-30in-bse-fin:OneReportableSegmentLiabilities02Member 3MINDIA2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities03Member 3MINDIA2023-06-30in-bse-fin:OneReportableSegmentLiabilities03Member 3MINDIA2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities04Member 3MINDIA2023-06-30in-bse-fin:OneReportableSegmentLiabilities04Member 3MINDIA2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities05Member 3MINDIA2023-06-30in-bse-fin:OneReportableSegmentLiabilities05Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 523395 3MINDIA NOTLISTED 3M India Limited Equity 2023-04-01 2024-03-31 2023-08-10 2023-07-20 INR Lakhs First quarter 12:02:00 13:10:00 2023-08-10 2023-08-10 Not applicable Multi segment 2023-04-01 2023-06-30 Unaudited Consolidated 10496557000.00 151690000.00 10648247000.00 4287912000.00 2277852000.00 -190726000.00 1085797000.00 9586000.00 139255000.00 1305959000.00 8915635000.00 1732612000.00 0.00 1732612000.00 444495000.00 -4001000.00 440494000.00 0.00 1292118000.00 0.00 0.00 0.00 0.00 1292118000.00 1024000.00 1293142000.00 1293142000.00 0.00 112651000.00 10 114.70 114.70 0.00 0.00 114.70 114.70 1. The above unaudited 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 thereafter approved by the Board of Directors in its meeting held on 10 August 2023. 2. The above unaudited 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. 3. The figures for the quarter ended 31 March 2023 is 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. 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. 5. The Holding Company 3M Company, USA on July 26, 2022 had announced its intent to spin off Health Care business. There were no impact on accounting/ disclosure on the above results as the condition prescribed under the relevant Ind AS was not fulfilled. During the quarter ended 30 June 2023, the Board of Directors has discussed the implication on the business of 3M India Limited (‘the Company’) and noted the proposal from 3M Company, USA for not to spin off the healthcare business of the Company and propose it to be operated under a contract manufacturing and distributorship arrangement. The Board of Directors has accordingly granted its approval for commencing discussion and negotiations with 3M Company, USA (and other relevant entities) in respect of the aforesaid manufacturing and distributorship arrangement. 6. Additional information on standalone financial results Particulars 3 months ended 30 June 2023 3 months ended 31 March 2023 3 months ended 30 June 2022 12 months ended 31 March 2023 (Unaudited) (Unaudited) (Unaudited) (Audited) a) Revenue from operations 97,685.10 98,646.96 88,977.28 373,344.21 b) Profit before tax 15,654.16 16,781.67 10,772.29 56,079.61 c) Profit after tax 11,666.94 12,326.67 8,024.55 41,614.39 d) Total comprehensive income 11,678.05 12,431.32 8,052.02 41,658.80 Other Expenses 1305959000.00 Consumer 1052675000.00 Health Care 1990675000.00 Others 33428000.00 Safety & Industrial 3289419000.00 Transportation & Electronics 4130360000.00 10496558000.00 10496558000.00 Consumer 196477000.00 Health Care 191197000.00 Others 6856000.00 Safety & Industrial 322040000.00 Transportation & Electronics 873938000.00 1590508000.00 9586000.00 -151690000.00 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 2023 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. 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. 1732612000.00 Consumer 1052444000.00 Health Care 2735581000.00 Others 14071914000.00 Safety & Industrial 5558557000.00 Transportation & Electronics 6221526000.00 29640022000.00 Consumer 677833000.00 Health Care 1758270000.00 Others 2572218000.00 Safety & Industrial 3210051000.00 Transportation & Electronics 3353803000.00 11572176000.00 -1368000.00 344000.00