CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 75-95% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Open platformOpen platform

3M India profit falls on weaker rupee and rising input costs, shares tumble

By Reuters News

Nov 6 (Reuters) - Industrial products maker 3M India TMIN.NS posted a more than 17% decline in second-quarter profit on Friday, pressured by a weaker rupee and higher raw material costs, sending its shares down as much as 11% to their lowest level since April 2025.

The Post-it notes and Scotch-Brite cleaning pads maker reported a profit after tax of 1.58 billion rupees ($16.78 million) for the quarter ended September 30, compared with 1.91 billion rupees a year earlier.

Here are some key details:

  • Revenue from operations rose 14.7% to 14.52 billion rupees, while expenses increased 21.7%

  • Raw material expenses jumped 19.6% as inflation driven by the Middle East crisis pushed up input prices, the company said

  • 3M India, a unit of US industrial conglomerate 3M MMM.N, sells a range of industrial, safety, healthcare and consumer products, from abrasives and adhesives to personal protective equipment and office supplies

  • 3M India's revenue in its mainstay transportation and electronics segment rose 23.4%, while its second-biggest business, the safety and industrials segment, saw 11.8% growth

  • Last month, parent 3M MMM.N lifted its 2026 profit forecast after expanding its data-center partnership with Amazon, signalling a deeper push into AI-driven products and services

  • Shares were down 9% at 26,680 rupees as of 1:13 p.m. IST.



($1 = 94.1550 Indian rupees)

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.