3M India Ltd. — Interim / Quarterly Report 2020

Aug 13, 2020

CIN: L31300KA1987PLC013543 Concorde Block, UB City 24,Vittal Mallya Road, Bangalore - 560 001 Phone: 080-30614366 Fax: 080-22231450 Website:www.3m.com/in E-Mail: investorhelpdesk.in@mmm.com

August 13,2020

3M

The Corporate Relationship Department Bombay Stock Exchange Limited, 1st Floor,New Trading Ring,Rotunda Building P.J.Towers,Dalai Street,Fort Mumbai - 400 001 Scrip Code - 523395

The Secretary National Stock Exchange of India Limited Exchange Plaza,Bandra - Kurla Complex Bandra (E), Mumbai- 400 051 Scrip Code - 3MINDIA

Dear Sirs/ Madam,

Sub: Announcement of Unaudited financial results (Standalone and Consolidated) for the quarter ended June 30.2020.

Ref: Reg. 30(2) and Reg. 33 of SEBI (LODR) Regulations. 2015

This is further to our letter dated July 27,2020, wherein we had intimated to the Exchanges,the date of Board Meeting for consideration of unaudited financial results (standalone & consolidated) for the quarter ended June 30, 2020:

• The Board of Directors approved and took on record the Unaudited financial results (Standalone and Consolidated) for the quarter ended June 30,2020 at their meeting held today viz., August 13, 2020. The same was signed by Mr. Ramesh Ramadurai, Managing Director of the Company. We enclose Unaudited financial results (Standalone and Consolidated) for the quarter ended June 30, 2020 along with a Press Release. We are arranging publication of the results in the newspapers and in the website of the Company as required under Reg. 33 read with 47 of SEBI (LODR) Regulations, 2015. 1.
• 1. The Board of Directors, based on the recommendation of the Nomination and Remuneration Committee and subject to the approval of the members at the next Annual General Meeting to be held in the year 2021, appointed Ms. Mamta Janak Gore (holding DIN:08792863).the present Chief Financial Officer (CFO) of the Company as Additional Director of the Company, categorized as Executive Director and as Whole-time Director of the Company with effect from September 1, 2020 for 3 years and will be designated as Chief Financial Officer and Whole-time Director.

Regd. Office & Factory: Plot Nos. 48-51, Electronics City, Hosur Road,Bangalore - 560100

3M India Limited

CIN: L31300KA1987PLC013543 Concorde Block, UB City 24,Vittal Mallya Road, Bangalore - 560 001 Phone: 080-30614366 Fax: 080-22231450 Website: www.3m.com/in E-Mail:investorhelpdesk.in@mmm.com 3M

We hereby affirm that the Director who has been appointed is not debarred from holding the office of Director by virtue of any SEBI order or any such authority and is not related to any other Directors of the Company and does not hold any shares in the Company. A brief profile of Ms. Mamta Gore is enclosed below as Annexure -1.

1. The Board of Directors, based on the recommendation of the Nomination and Remuneration Committee and subject to the approval of the members at the next Annual General Meeting to be held in the year 2021, appointed Mr. James Ernest Falteisek (holding DIN: 08792857). as Additional Director of the Company, categorized as Non- Executive, Non Independent Director with effect from September 1, 2020. We hereby affirm that the Director who has been appointed is not debarred from holding the office of Director by virtue of any SEBI order or any such authority and is not related to any other Directors of the Company and does not hold any shares in the Company. A brief profile of Mr.Jim Falteisek is enclosed below as Annexure -2.

4v S'5" The Meeting commenced at i v o 5 p.m.and concluded at p.m.

Kindly bring this to the notice of the members of the Exchange.

Thanking you,

Enel:as above

Yours faithfully, For 3MTndia Limited, 0Uf\ :o M - r

(V. Srinivasan) Company Secretary

Regd. Office & Factory:Plot Nos. 48-51, ElectronicsCity, Hosur Road,Bangalore - 560100

CIN: L31300KA1987PLC013543 Concorde Block, UB City 24, Vittal Mallya Road, Bangalore - 560 001 Phone: 080-30614366 Fax: 080-2223 1450 Website: www.3m.com /in E-Mail: investorhelpdesk.in @mmm.com

3M

Annexure -1 - Ms. Mamta Janak Gore- 55 years

Over 26 years of diverse experience in the finance function within 3 M Company's Middle East, Central Europe and India Region Operations. Since 1994, held positions of increasing responsibilities, with extensive exposure to areas such as P &L and Balance Sheet management, financial planning and analysis, six sigma, forex management, strategic planning, project management,team management, credit risk management, business transformation efforts through her role as APL for RTR, culminating into her latest position as Finance Manager of 3 M India Limited since 2018.

Experienced in the business side of operations during her role as Marketing Manager for the Industrial & Transportation Group, where she handled the area of Market Research, Product Pricing, Demand Planning, New Product Introductions, A & M budgets, and had overall responsibility of delivering the planned top and bottom line for the group.

Other Company work experience:

• Martin Emprex (FarEast)Ltd. JebelAli,Dubai:1993
• Inchcape Shipping Services (MMI) Dubai:1990 -1991
• K.M.Tanna & Co.Chartered Accountants, Bombay:1989 - 1990

Education:

2009:Indian Institute of Management -Ahmedabad (IIMA) Certificate course on Retail Management 1993:Chartered Accountant from the Institute of Chartered Accountants of India. 1986:Bachelor of Commerce (Honours),Jaihind College,University of Bombay.

Annexure- 2 - James E. Falteisek (Jim),55 years

Vice President,3 M Asia Corporate Affairs and Managing Director,3 M Korea Education University of Minnesota,Twin Cities — Bachelor of Chemical Engineering,1987 University of St. Thomas,St. Paul, Minn. — Master of Business Administration,1993

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Affiliations:Business,Professional and Civic Organizations Board Member,Park Square Theatre,St. Paul,MN Board of Governors,AMCHAM Korea

Regd. Office & Factory: Plot Nos. 48-51, Electronics City, Hosur Road,Bangalore - 560100

Concorde Block, UB City 24, Vittal Mallya Road, Bangalore - 560 001 Phone: 080-45594366 Fax: 080-2223 1450 E-Mail: investorhelpdesk.in@mmm.com

3M

August 13,2020

Press release- Q1 2020-21 Earnings

3M India Limited today announced the following Q12020-21 results: Standalone:INR(Crores)

Partilarscu	Ju30ne,2020	June30,2019	%Gthrow	Mch31ar,2020	%Gthrow
mTolinfroio(includinhetaeatgotnscomoperrine)com	326.60	747.63	(5)6.32	638.67	(4)8.86
ProfitBeforeTax	(5)4.17	131.13	(11)41.3	(1)6.13	(23)35.8
ProfitAfter Tax	(3)9.91	84.90	(11)47.0	(2)835.	(5)4.51

Consolidated:INR(Crores)

Partilarscu	Ju30ne,2020	June30,2019	%Gthrow	Mch31ar,2020	%Gthrow
mTotalinefroio(includingheatotnscomoperrine)com	352.59	810.80	(5)6.51	68595.	(4)8.57
ProfitBeforeTax	(5)7.84	138.55	5)(141.7	71.97	(17)80.3
ProfitAfr Tteax	(4)2.52	90.13	8)(147.1	60.11	(14)70.7

Commenting on the above results, Mr. Ramesh Ramadurai, Managing Director, 3M India Limited, said, "The April-June 2020 quarter was a challenging period owing to the unprecedented situation with broad-based declines in all our end-market segments. While we have seen sequential business improvement in May and June 2020, the outlook for the remainder of this financial year remains uncertain. At the same time, we continue to make selective investments to drive future growth. The Company is in the process of executing investments in the range of INR 65 crores for local manufacturing of certain automotive BS-VI compliant emission control materials, as well as capacity expansion for hand-sanitizers and certain disinfectant materials."

The Company maintained tight controls on discretionary spending and closely monitored its cash position. The standalone cash balance improved by about ~9% as of June 30, 2020 compared to INR 665.77 crores as of March 31,2020.

He further commented,that,"The Ranjangaon factory worked throughout the lockdown period since late March, not only to ensure supplies of critical products such as respirators and hand sanitizers were not interrupted, but also instituted various measures to increase production between 40% to 60%.Our teams directed most of these products to the healthcare sector and certain government nodal agencies."

> 3/17*0 i t* SN m ^-g^^Regd. Office & Factory: Plot Nos. 48-51, Electronic City, Plosur Road,Bangalore - 560100

3M India Limited CIN: L31300KA1987PLC013543

Concorde Block, UB City 24, Vittal Mallya Road, Bangalore - 560 001 Phone: 080-45594366 Fax: 080-22231450 E-Mail: investorhelpdesk.in@mmm.coin

3M

3M highlighted that the safety and health of its employees are of the highest priority during this period. The Company transitioned to a complete work from home since late March, with less than10% accessing the office as on date. The Company has tied up with a third-party healthcare service provider with national presence, to support employees and their families if they unfortunately test positive for COVID-19. The Company has set up several employee engagement programs to support them through this period.

About 3M in India,

3M India Limited, an Indian Subsidiary of US based 3M Company, was established in 1988 and has its headquarters in Bengaluru with branch offices at Mumbai, Gurgaon, Pune, Kolkata, Hyderabad and Chennai. 3M leverages its global innovation expertise to develop homegrown solutions that addresses unique needs of diverse customers in India. 3M has invested in Innovation centers at Bengaluru and Gurgaon to boost local product development Its manufacturing footprint is spread across Bengaluru, Pune and Ahmedabad. From products that improve manufacturing efficiency and impact improved healthcare delivery to safety solutions that help increase road visibility, everyday kitchen aids and car care products,today,3M science is improving the lives of millions of Indians,

Website: www.3mindia.in

Tw handle:@3Mlndialimited

Regd.Office & Factory: Plot Nos. 48-51, Electronic City,Hosnr Road, Bangalore - 560100

3M INDIA LIMITED REGD OFFICE:48-51, ELECTRONICS CITY, HOSUR ROAD, BENGALURU 560 100 STATEMENT OF STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED 30 JUNE 2020

				. inRsLakhs (exce	minptctofite12)res
SINo	Pasrtilarcu	3 medths endon30June2020	3s eednthndmo31h 2Ma002rc	3 mthsddeonen30June2019	pe12ednths endmo31h 2020Marc
		(Uudited)na	te(refer3)no	(Uudited)na	(Ad)udite
1	eIncom
	rom(a)Ree ftionsvenuopera	631,951.5	62,721.36	9 7874,19	.73276, 487
	(b)r inOthemeco	8708.0	.851,145	2563.5	.324,158
	Totalinceom	32,659.64	631,867.2	740,763.3	280,6.0546
2	esExpens
	(a)Coofialsstteredmaconsum	119,777.6	28,581.24	121,601.2	.73102.856
	(b)Purchdeesofstock-in-traas	9,201.55	13,740.11	16,894.21	159,157.1
	(c)Chs in iedtoriesoffinishdeangeodck-in-nvenstotragos,d w-inorksan-progres	(867.03)	(4,242.13)	.322,303	2 4(825)
	(d)Emploe beefitsyeexpeenns	.578,341	7,195.54	.138,099	529.782.1
	(e)ceFinstsanco	.5882	89.18	.2284	1361.1
	(f)Den aciationdisation esepreortamxpen	.171,450	1.534.73	.591,446	.705,737
	(g)Othes (teref5)r expenseerno	.308,090	1 3918,58	011,221.3	951.533.3
	Totalesexpens	,073386.8	65,4860.0	861,649.9	248,605.74
3	ProfitI(lo) beforeptid talitemsax(1-2)ssexceonan	(5,417.19)	(1,612.85)	132,113.3	132,040.3
4	Exptialitemsceon
5	Profit /(lo) beforetax(3+4)ss	(5,417.19)	(1,612.85 )	132,113.3	321,040.3
6	Tax expense:
	(a)Cunttaxrre		4420.6	4,7.0079	9,335.29
	(b)Deferredtax	(1,425.80)	549.12	(155.94)	7807.7
	Total	(1,425.80)	6969.7	.064,623	610,143.0
7	Net profit /hed ((lo) forior t5-6)pess	(3,991.39)	(2,582.61)	.268,490	521,897.2
8	Otiveheheince -r comprensom
	rnsKethbeiedo satwill nlassifbsy totntlrectatt ofsuequeemenofit or lspros
	(a)Rentsofd befit (lt defiiability)/ ameasureetmeneneenss	(125.02)	(485.36)	(4.)91	(500.09)
	Ince tngto(b)relatiitet tobeaxlassifiedommsnoreco sbsntly ttatf profit or losuequet ossemen	31.47	122.15	11.7	1265.8
	Totalheiveotheince (t oftax)r comprensomne	(93.55)	(363.21)	(3.20)	(374.23)
9	Totale irehsive /(lo) (7)+8compenncomss	(44),084.9	(2,945.82)	.068,487	221,523.0
10	idupPauitharecey spital(falueRs.10ofch)eqcavaea	.511,126	1,126.51	1,126.51	.511,126
11	Otheityr equ				.54206,349
12	Earni(ins pshareRs.)ngerce(falueRs.10 eofh)lise(nod)vaact annua
	(a)Basic	(35.43)	(2293)	.3775	4 3819
	(b)Diluted	(35.43)	(2293)	.3775	8194.3

Notes:

1 The above standalone financial results of 3M India Limited have been reviewed by the Audit Committee and approved by the Board of Directors on 13 August 2020. The statutory auditors have reviewed these results for the quarter ended 30 June 2020 and have issued an unmodified report.

2 The financial results of file Company 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.

The figures for the quarter ended 31 March 2020 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 previous financial year. Also the figures upto the end of the third quarter were only reviewed and not subjected to audit. 3

4 In accordance with Ind AS 108, Operating segments, segment information has been provided in the unaudited consolidated financial results of the Company and therefore no separate disclosure on segment information is given in these unaudited standalone financial results.

5 In March 2020, the World Health Organization declared COVID 19 to be a Pandemic. The Company adopted measures to curb the spread of infection in order to protect the health of its employees and ensure business continuity with minimal disruption. The Company's operations and the financial results for the quarter ended June 30, 2020 have been adversely impacted by the outbreak of Covid-19 pandemic and the consequent lockdown announced by the Government of India due to which the operations were suspended for part of the quarter and gradually resumed with requisite precautions as per the directives issued by Government of India from time to time.

The Company has evaluated the possible effects that may result from the pandemic relating to COVID-19 on the carrying amounts of its assets and its internal financial controls. The Company is continuously monitoring the developments and possible effects that may result from the current pandemic on its financial condition, liquidity and operations and is actively working to minimise the impact of this unprecedented situation. As the situation is still continuously evolving, the eventual impact may be different from the estimates made as of the date of approval of these financial results.

During the quarter and year ended 31 March 2020, based on the assessment the Company recorded an impairment of Rs. 7,990 lakhs, given the impact of the COVID -19 pandemic on the current and future operations of the subsidiary, which is included in other expenses.

The Board of Directors of the Company and 3M Electro & Communication India Private Limited (3M E&C), at their Meetings held on 13 November 2019 had approved the Scheme of Amalgamation (the Scheme') of 3M E&C ('Transferor Company') with the Company under Section 233 of the Companies Act, 2013. The Appointed Date fixed under the Scheme was 1 April 2019. The Company sought approvals from Members and Creditors under Section 233{1)(b) of the Companies Act, 2013 by Special Resolutions through Postal Ballot notice dated 21 January 2020. The results of the voting by Postal Baliot were announced on 28 February 2020. As the Company did not get the requisite approvals of 90 % of the total number of Shares and 90 % of the value (amount) of Creditors, the Scheme of Amalgamation did not go through under Section 233(1)(b) of the Companies Act, 2013. The Company will proceed with an alternate option available under the Companies Act, 2013 for the merger.

B S R & Co. LLP

Chartered Accountants

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Telephone +91 80 4682 3000 Fax +91 80 4682 3999

Limited review report on unaudited quarterly standalone financial results under Regulation 33oftheListingRegulations

• To Board of Directors of 3M India Limited
• 1. We have reviewed the accompanying Statement of unaudited standalonefinancial results of3M India Limited for the quarter ended 30 June2020 ("theStatement").
• 2. This Statement, which is the responsibility of the Company's management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting' ("Ind AS 34"), prescribed under Section 133 of the Companies Act,2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility isto issuea reporton the Statement based on ourreview.
• 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entitytr issued by the Institute of Chartered Accountants of India.This standard requiresthat we plan and perform the reviewto obtain moderate assurance asto whether the Statement is free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit We have not performed an audit and accordingly,we do not express anauditopinion.

4. Attention is drawn to the fact that the figures for the 3 months ended 31 March 2020 as reported in these financial results are the balancing figures between audited figures in respect of the full previousfinancial year and the published yeartodate figures uptothe third quarter ofthe previous financial year. The figures up to the end of the third quarter of previous financial year had only been reviewed and notsubjected toaudit MV

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Registered Office: Jbgif .jV \i~nrf ,- jt S.U'-yv*.-*-

B S R & Co. LLP

5. Basedonourreviewconducted asabove,nothing has cometoourattentionthat causes usto believe thattheaccompanyingStatement,prepared inaccordance with applicable accounting standards and otherrecognised accounting practices and policies hasnotdisclosedtheinformationrequired tobe disclosedintermsofRegulation33oftheSEBI (Listing Obligations and Disclosure Requirements) Regulations,2015includingthemannerin whichitistobedisclosed,orthatitcontainsanymaterial misstatement

for B S R & Co.LLP Chartered Accountants Firm'sRegistration No.101248 W/W-100022

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Vikash Gupta Partner Membership No. 064597 UDIN No.:20064597AAAADR3842

Place:Bangalore Date:13 August 2020

3M INDIA LIMITED

REGD OFFICE: 48-51, ELECTRONICS CITY, HOSUR ROAD, BENGALURU 560 100 STATEMENT OF CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER ENDED 30 JUNE 2020

SI			Rs	. inLakhs (inptexce	m12ofitectrespe
No	Partislarcu	3dhsdentmoen	3 meds endthon	3 ms eedthndon	ed12s enthndmo
		30June2020	h 231Ma002rc	30June2019	31h 2Ma002rc
1	eIncom	(Uudited)na	(referte3)no	(Uudited)na	(Audited)
	rom(a)Ree ftiovenuns
	operaOtheme(b)r inco	7.9434.61	67,315.22	80.449.52	.09298,655
	Tometal inco	640.87	1,243.95	630.47	4,589.56
2	esExpens	135,258.8	,559.1768	819,079.9	303,244.65
	Co(a)stofterialsedmaconsum
	(b)Purchesofdeck-inassto-tra	12,897.46.62	29,190.28	24,546.91	110,0.5025
	Ch(c)s in iiesedtoroffinishoddeangeck-in-tranvenstogos,	9.524(760 53)	115.632.0(4,191.7	17,485.68.66	164.002.1
	d work-insan-progres		9)	2,378	(399.03)
	(d)Emploe befieyetsenexpens	9,176.20	7,808.55	.969,009	1
	(e)Fincestsanco	83.04	.7989	.6384	32.858.5366.21
	n a(f)Deciationdn esepreortisatioamxpen	.951,502	1,589.80	1.490.56	5,933.25
	Ot(g)hesr expense	8,619.17	,243.4911	86812,22	47.2021.5
	Totalesexpens	,042.9141	361,362.1	867,225.0	.07259,988
3	Profit /) befored t(loionalitemsaxpt(1-2)ssexcean	(5,784.10)	7,197.04	113,854.9	,258436.5
4	Exptialitemsceon
5	Profit /(loretax) befo(3+4)ss	,784.1(50)	7,197.04	131,854.9	438,256.5
6	Tax expense:
	(a)Cuaxnttrre		2541.6	.805,005	110,065.2
	(b)Deferredtax	(1,532.35)	644.04	(163.74)	5974.4
7	ToltaProfit /ax	,53(12.35)	.661,185	.064,842	6,039.611
8	(lo) afte(5-r t6)sse iOtheehsivr comen	(4,251.75)	6,011.38	.859,012	232,216.9
	e (f t)prt oncomneaxs t- Ithae riedt willt blassifbso semntnoectatsu
	lytt of pfitsequelosemenorro(a)Red bntsoft defiefimeast (liability)/ auremeneneenetss
	(b)Ince tngtot tobeaxrelatiieditemslassifomnorec	(13805)	(54372)	(2).82	(550)2.2
	bsntlo sy ttatr losut of profit ossequeemen	3475	136.84	01.1	8138.9
	Tol othee itaehsive (r ct oftax)*omprenncomne	(103.30)	(406.8	.72
9	Total ce iehsive /) (9(to+1ompren0)*ncomss	(4,355.05)	8)5.604.50	(1).139,011	(412)3.20313.7
10	idPaupy sharelueuitpital(faceof.10Rsch)eqcavaea	1,12651	.511.126	1,1.5126	,80.511,126
11	Otheityr equ				.76173,960
12	Earnis pshare(ine vRs.) (face of R10ngaluch) (lised)ert as.nonnuaea
	(a)Basic	(37.74)	53.36	80.01	9285.9
	(b)Dildute	(37.74) 1	.3653	80.01	9285.9
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	MCScmeofAmonehealgati('thScmehe') of 3E&am(TsfeCoy'iththeCo) wyranrormpanmpan	r Stion3de23unec	theofCoiesmpan	heAc2013. TApt,	edteedintDafixpo
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6	n onAdditionalinftionestandalofincial reltsormaansu
	rsParticula	3 ms eedndthon	3 meds ethndon	d3hsntdemoen	d12hsdentmoen
		30neJu2020	31rchMa2020	30ne19Ju20	31rchMa2020
		(Uudited)na	(referte3)no	(Uudited)na	(Audited)
	roma)Ree ftionsvenuopera	316.951 5	621 36,72	97874.19	276,4.7387
	Profit/(lo) breb)efotaxss	,417 1(59)	(1,612.85)	13,113.32	32,040 31
	c)Profit/(lo) aftertaxss	(3,991.39)	582.6(2,1)	.268,490	21.8957.2

d) Total comprehensive income

Registerd Office: Plot No. 48-51, Electronics City, Hosur Road, Bengaluru - 560100 wvwv.3m.com/in

(4,084.94)

(2,945,82)

8,487.06

21,523.02

3M INDIA LIMITED Concorde Block, UB city, 24,Vittal Mallya Road, Bengaluru - 560001 India Tele:+9180 2223 1414 CIN No.: L31300KA1987PLC013543

3MEDAINDILIMIT
GDREFIC-5OFE:481,ELECTRON	SURICCITYOS, H	ROAD, BANGALO	RE560001
dCoSeiseolidatet-wnsgmen	ReReltsvenue,su	nds a, ALiabietss	lities
Partilarscu	ed3s ethndmon	ed3s ethndmon	d3sthdemonen	dYedearen
	30neJu2020	h3120Ma20rc	30ne19Ju20	h 231Ma002rc
	(Uudited)na	e(refe2)otr n	(Uudited)na	(Audited)
ueSet rgmeneven
y &(a)SafetIndtrialus	1713,249.	224,831.3	9,743.630	.35112,621
&ionElnic(b)Trtrostatansporec	.788,401	1924,834.	128,427.7	.80103,091
hre(c)HealtCa	1707,0.4	810,358.6	1212,963.	7348,574.
(d)Consumer	.224,906	.566,813	.687,845	1231,966.
Otrs(e)heme f	6360.3	7477.4	2469.3	.092,401
Rensatiorovenuoper	9434,617.	67,315.22	5280,449.	.09298,655
Sest rult
gmenesy &(a)SafetIndtrialus	9.4	.8211	.20	15
&n(b) TtioElnicsrtatroransec	(2,180)6.07	3,48231.8	5,811.47	17,673..35
pohre(c)HealtCa	(4,26)143.1	.201,212	3,588.1377	6,785.3816
(d)Consumer	0.02	.071,093	2,2104.3	7,4.8242
(e) Others	(1).4580	193.9	1,6.9627	6,6351
Tolta	(6,341.9	.8842	7139.0	5.5393.23
eLesFinastsncco	3).0483	6,0.7989	,30.6384	,031
leinceAdd:Unallabocom	7640.8	.9543	7630.4	366.2.5689
mrex fTol pfitnstabefotaOpioatroroer	(5,784.10)	1,247,197.0	91134.	4,58436.5
			,85	,25
Sest aetgmenss
&(a) SafetyIndtrialus	0341,663.	5,675.344	350,739.6	544,675.3
&ion(b)TrEltattronicsansporec	6340,813.	448,948.4	345,598.5	448,948.4
HealthCare(c)	0115,612.	04,464.18	620,439.0	418,464.0
(d)Consumer	410,842.2	1511,377.	411,438.0	1511,377.
d(e) Ullotenaca	.36124,435	.62113,670	7389,189.	.62113,670
Tol ststantegmeasse	233,3.2766	.6035237,1	.99217,404	.6035237,1
Set liabilitiesgmen
y &(a)SafetIndtrialus	412,476.4	511,651.6	411,069.3	511,651.6
&ion(b)TrEleicstatctransporon	7,69119.7	712,698.3	512,030.0	712,698.3
hre(c)HealtCa	15,032.7	.924,750	14,041.3	.924,750
(d)Consumer	.041,798	92,186.0	.141,824	92,186.0
d(e)Unallateoc	0931,627.	030,761.3	536,145.4	030,761.3
liabilitiesTotal sntegme	562,634.0	362,048.3	.2965,110	362,048.3

Notes:

1. The assets and liabilities are allocable to the extent they are identifiable to the respective segments. AH the others are grouped under 'Unallocated'.

2. The figures for the quarter ended 31 March 2020 are the balancing figures between the audited figures in respect of the full financial years and the published unaudited year to date figures upto 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.

By Order of the Board lor 3M India Limited 1. \ Place: Bengaluru amesh Ramadurai

Managing Director

Date: 13 August 2020

Registerd Office: Plot No. 48-51,Electronics City,Hosur Road, Bengaluru - 560100 www.3m.com/in

B S R & Co. LLP

Chartered Accountants

Sirfaas^y Golf Linkr, Business Park Pefcfcte Seseh. B Block,. 3rd Floor Off Intermediate Bmg Road Bengaluru bfc'007? India

Telephone +91 804682 3000 Fax +91 80 4682 3999

Limited review report on unaudited quarterly consolidated financial results under Regulation 33 of the Listing Regulations

To

Board of Directors of 3M India Limited

• 1. We have reviewed the accompanying Statement of unaudited consolidated financial results of 3M India Limited ("the Parent") and its subsidiary (the Parent and its subsidiary together referred to as "the Group"), for the quarter ended 30 June 2020 ('The Statement"), being submitted by the Parent pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('Listing Regulations')*
• 2. This Statement, which is the responsibility of the Parent's management and approved by the Parent'sBoard ofDirectors,has been prepared in accordancewiththe recognitionand measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting'("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review.
• 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity ", issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33 (8) of the Listing Regulations,to the extent applicable.

• 4. The Statement includes the results of 3M Electro and Communication India Private Limited (subsidiary company).
• 5. Attention is drawn to the fact that the figuresfor the 3months ended 31 March 2020 asreported in these financial results are the balancing figures between audited figures in respect of the full previous financial year and the published year to date figures up to the third quarter of the previousfinancial year.The figures up to the end of the third quarter of previousfinancial year had only been reviewed and notsubjected to audit. viyh

D ti £» '13 i ;*~rU .v*h 11P ?-3 * Uni i f - y ( wv* c l V_» A5BAlSli A r"r. i &lt; r.&gt; a1Jbc* ?3'U a s B &

Registered Office: H. V 1 . jr.t nv. *: V?v} Vi s'w V, iss- 43?^*1

BSR & Co. LLP

6.Based on our reviewconductedand procedures performed asstated in paragraph 3 above, nothing has come toourattentionthatcauses ustobelieve thattheaccompanyingStatement,prepared inaccordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India,has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, includingthemanner in which it isto be disclosed,orthat it contains any material misstatement

for BSR & Co.LLP Chartered Accountants Firm's Registration No.101248W/W-100022

iupta 1artner Membership No.1)64597 UDIN No.;20064597AAAADS5372

Place:Bangalore Date: 13 August 2020

3M INDIA LIMITED CIN:L31300KA1987PLC013543, Website: www.3m.com/in

Regd Office: 48-51, Electronics City, Hosur Road, Bengaluru - 560100

Extract of the Standalone and Consolidated Financial Results for the quarter ended 30 June 2020

				(Rs. inLakhs,	re datashaeptexcper	e sunless otherwistated)
		eStandalon			tedColidanso
Particulars	3 medhsendont30June 2020(Unaudited)	ed3 mhsendont30e 2019Jun(Unaudited)	d12s enthndemorch310Ma202(Audited)	ed3 mhsendont30June 2020(Unaudited)	ed3 mhsendonte 201930Jun(Unaudited)	d12s enthndemorch310Ma202(Audited)
omg oe frTotal inrations(includinthee)oper incomcom	32,659.64	74,763.30	280,646 05	35,25881	.9981,079	303465,24
iodforeforthendNetProfit /(Loss)( betax, Extional a/ orExtrdinaryitems)perceprao	(5,417,19)	.3211313,	.3132,040	(5,784,10)	113,8549	256.5843,
odtheorefit /ss)forbeftax( afd /ry itNetPro(LoterExceptional anor Extraordinas)penem	17(5,419)	1133213,	,3132,040	(5,784.10)	9113,854.	2565843,
odfortheafteNetProfit /(Loss)r taxpen	( 3.991.39)	268,490.	.2521,897	51(4,275)	859,012,	9232,216
sivemetheiodg PiodTotal chenincofor[Corisinrofit/forthe(aftx)(Loss)ertaperomprepermp
andothhensiveincome(aft]er tax)er compre	(4,084.94)	8,487.06	21,523.02	(45 0,355)	139,011.	803.7031,
e capitalEquity shar	1,15126.	1,126.51	511,126.	11,126.5	11,126.5	1,126.51
g revalionRes( excludinuatesasIndAS)esreservpererv			4206,349.5			173,960.76
re(inEarningsshaRs.)per
g andRsch)(fortinuindiscinued o(of10/ontations)- eaconper
a) Basic(inRs.)	(35.43)	3775.	.38194	(37-74)	8001	28599
d(inRs.)b) Dilute	(3543)	75.37	.38194	(37.74)	0180.	28599

Notes:

1. The above standalone and 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 13 August 2020

2. The above is an extract of the detailed format for the unaudited financial results for the quarter ended 30 June 2020 filed with the Stock Exchanges under Regulation 33 of the SEBI (Listing and Other Disclosure Requirements) Regulations, 2015. The full format for the unaudited financial results for the quarter ended 30 June 2020 are available on the Bombay Stock Exchange website (URL: www bseindia.com/corporates), the National Stock Exchange website (URL: www.nseindia.com/corporates) and on the Company' s website (http:// soJufions.3mindia.co.in/wps/portal/3IWen-IN/about).

**By Order of the Board A>r 3M lnd/a\imited Place:**Bengaluru V Date: 13 August 2020 ;sh Ramadurai Managing Director

3M India Limited

CIN: L31300KA1987PLC013543 Concorde Block, UB City 24,Vittal Mallya Road, Bangalore - 560 001 Phone: 080-30614366 Fax: 080-22231450 Website:www.3m.com/in E-Mail:investorhelpdesk.in@mmm.com 3M

August 13, 2020

The Corporate Relationship Department Bombay Stock Exchange Limited, 1st Floor,New Trading Ring, Rotunda Building P.J- Towers, Dalai Street,Fort Mumbai - 400 001 Scrip Code - 523395

The Secretary National Stock Exchange of India Limited Exchange Plaza, Bandra - Kurla Complex

Bandra (E), Mumbai- 400 051 Scrip Code - 3MINDIA

Dear Sirs/ Madam,

Sub:Updates under SEBI (LODR) Regulations, 2015 -Chapter IV, Regulation 30(5)

Please find below updated information for the purpose of making disclosures to stock exchanges under the above Regulation:

SIno	&nNDietiamesgnao	ail iE-dsm	CntNtoacos
1.	hMRRadai,MingDirectr.amesamuranagor	m@h1rramesmmm.co	93080-455432
2.	MtaGM,ChiefFincialdOffics.amoreananermWholetime(fDire)ctS1,2020.orroep	m@2mgoremmm.co	91080455440-
3	&MVSrinivCSnytaryr.asanompaecre,eCOpliafficomncer	mriniv@vsasanmmm.co	96080455436-

Kindly bring this to the notice of the members of the Exchange.

Thanking you

Yours faithfully, For 3M Ipdl^ Limited, £1^ ; ) *»*/\ r <sup>J -

(V.Srinivasan) Company Secretary

Regd. Office & Factory:Plot Nos. 48-51,ElectronicsCity, Hosur Road,Bangalore - 560100