3M India Profit Falls on Costs
Industrial products maker 3M India reported a lower quarterly profit due to a weaker rupee and rising raw material costs. Operating revenue increased by fourteen percent, but higher expenses drove shares down.
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3M INDIA LTD reported a 17% drop in second-quarter profit to 1.58 billion rupees ($16.78 million), pressured by a weaker rupee and rising raw material costs. Friday's decline sent shares down 11% in India to their lowest level since April 2025. Higher input expenses from the Middle East crisis squeezed margins at the Post-it notes maker.
