3M India Ltd. — Interim / Quarterly Report 2021

Nov 12, 2021

3M India Limited WeWork Prestige Central 3rd floor, 36 Infantry Road, Tasker Town, Bangalore 560001, India Office: +91 80 22231414

Registered Office

Plot Nos.48-51, Electronics City, Hosur Road Bangalore 560 100, India Office: +91 80 45594300

www.3m.com/in CIN: L31300KA1987PLC013543 investor helpdesk : investorhelpdesk.in@mmm.com PAN: AAACB5724H || GSTIN: 29AAACB5724H1ZQ

Corporate Relationship Department November12, 2021 Bombay Stock Exchange Limited, 1st Floor, New Trading Ring, Rotunda Building P.J. Towers, Dalal 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 Sir/Madam,

Sub: Outcome of the Board Meeting held on November 12, 2021. Ref: Reg. 30(2) and Reg. 33 of SEBI (LODR) Regulations, 2015.

In continuation of our letter dated October 22, 2021, we wish to inform you that the Board of Directors of the Company at its meeting held through Video Conference (VC) on November 12, 2021 (Friday) have transacted the following items inter-alia other business(es):

• 1. The Unaudited Financial Results (Standalone & Consolidated) for the quarter and half year ended September 30, 2021 was approved and taken on record by the Board of Directors. The same was signed by Mr. Ramesh Ramadurai, Managing Director of the Company, attached as "Annexure-1". We are arranging publication of financial results in the newspapers and at the website of the Company as required under Reg. 33 read with 47 of SEBI (LODR) Regulations, 2015.
• 1. Statutory Auditors' Limited Review Report on the Unaudited Financial Results (Standalone & Consolidated), attached as "Annexure-2".
• 1. Press Release is enclosed as "Annexure- 3".

1. The Board of Directors have re-appointed CS Parameshwar G. Bhat, Practicing Company Secretary (FCS-8860 CP: 11004) as the Secretarial Auditor of the Company to conduct the Audit of the Secretarial records of the Company for the financial year 2021-22.

The Meeting commenced at 11:55 A.M. and concluded at 12:55 P.M.(IST).

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

Thanking you,

Yours faithfully, For 3M India Limited,

V. Srinivasan Company Secretary

Encl: as above

			3M INDIA LIMITED
		Regd Office:48-51, Electronics Cit	Extract of the Standalone and Consolidated Financial Results for the quarter and half year ended 30 September 2021CIN:L31300KA1987PLC013543, Website: www.3m.com/1n	y, Hosur Road, Bengaluru - 560100
		Standalone					(Rs. in Lakhs, except per share data, unless otherwise stated)Consolidated
Particulars	30 September 20213 months ended	30 September 2021months ended6	30 September 2020months ended3	12 months ended31 March 2021	30 September 2021months ended3	30 September 2021months ended6	30 September 2020months ended3	12 months ended31 March 2021
	)Unaudited(	)Unaudited(	(Unaudited)	)Audited(	(Unaudited)	(Unaudited)	)Unaudited(	(Audited)
Total income from operations (including other income)	78,522, 51	148,183.97	65,389.55	244,723.16	84 852.56,	160,038.88	69,580.30	262,956.87
Net Profit for the period (before tax, Exceptional and / or Extraordinary items)	8,747.86	12,511.40	9,626.01	20,244.08	8,661.13	12 71222,	10,214.23	21,992.16
Net Profit for the period before tax (after Exceptional and / or Extraordinary items)	8,747.86	12,511.40	9,62601	20,244.08	8,661.13	12,712.22	10,214.23	21,992.16
Net Profit for the period after tax	6,488.42	9,284.52	7,085.29	14,930.09	6,421.57	9, 431.16	7, 503.73	16,237.65
Total comprehensive income for the period [Comprising Profit / (Loss) for the](after tax)prehensive income(after tax) and other comperiod	6,424.57	9,156.82	6,991.74	14,674.69	348.57,6	9.285 16 .	7,400.43	15,945.64
y share capitalquitE	1,126.51	1,126.51	1,126.51	1,126.51	1,126.51	1,126.51	1,126.51	1,126.51
Reserves (excluding revaluation reserves as per ind AS)	230,181.05	230,181.05	209,256.34	221,024.23	199,191.56	199,191.56	177,006.14	189,906.40
)Earnings per share (in Rs.) (of Rs. 10/"- each
(in Rs.)a) Basic	57.60	82.42	62.89	132.53	57.00	83.72	66.61	144.14
)b) Diluted (in Rs.	57.60	82.42	62.89	132.53	57.00	83.72	66.61	144.14
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 GroupDirectors on 12 November 2021.Notes:					'		') have been reviewed by the Audit Committee and approved by the Board of
format for the unaudited financial results for the quarter ended 30 September 2021 are available on the Bombay Stock Exchange website (www bseindia2. The above is an extract of the detailed format for the unaudited financial results for the quarter ended 30 September 2021 filed with the Stock Exchan-3m/financial-facts-local/).-in about/(https://www.3mindia.in 3/ M en / _IN company/				ges under Regulation 33 of the SEBI	.com), the National Stock Exchange website (www nseindia(Listin		g and Other Disclosure Requirements) Regulations, 2015. The full.com) and on the Com	pany s' website website
3. The financial results of the Company have been prepared in accordance with Indian Accounting Standards (Ind AS) Rules 2015, as amended and in terms of Regulation 33 of the SEBIAccounting Standard		(Listing Obligations and Disclosure Requirements) Re	) as notified by the Ministr	gulations, 2015.			y of Corporate Affairs pursuant to Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian
								y Order of the Boardlia Limited:orB
Date: 12 November 2021Place:Bengaluru								iarujlamaimesh R

Managing Director

	REGDOF	FICCTROE:48-51,ELE	S C, HOSURNICITYRT	ENGALURU56ROAD, BERANDHALFYEAR	0 100ERENDED SEPTEMB	2021
	T OF STANDALONSTATEMEN	SUE FINANCIALRE	S FORTHE QUALT
						(exRs. inLakhsptce	m12)itein rctofespe
SI	Particulars	3 mthsdedonen	thsded3 monen	thsded3 monen	dthsde6 monen	dthsde6 monen	ed12nthndmos e
No		2021Septemb30er	202130June	30Septemb2020er	Semb202130pteer	Semb202030pteer	31rch2021Ma
		d)(Uuditena	udited)(Una	udited)(Una	udited)(Una	udited)(Una	d)(Audite
1	Income				.12	96,734.68	242,036.39
	(a)Ree fromtiovenuoperans	77,689.05	4.068,857	3.1264,78	146,543	14.51	2,686.77
	Othe(b)r income	833.46	807.39	606.43	1,640.85	1,3989.19	244,723.16
	Totalincome	78,522.51	69,661.46	565,389.5	148,183.97	,04
2	Expenses					3092.7	,820.9293
	Coialsed(a)stoftermaconsum	,879.4330	,357.4933	,535.1018	264,236.9	,31237.58	,534.7053
	(b)Purchofck-in-tradstoasese	8.9411,69	9.4219,38	6.0314,65	31,088.36	,85.95	86.59
	deck-in-traChs iniesoffinishedodsto(c)invtorgos,angeen	5,418.32	(6,919.60)	6,153.98	8)(1,501.2	5,286	2,0
	d work-in-progressan				179.75	15,683.07	33,677.10
	(d)Emplobefityeeexpensesne	8,863.42	8,806.33	7,341.50	,66126.77	127.45	243.22
	(e)Finstsanceco	68.91	57.86	44.87	12.06	3,064.13	.545,967
	(f)tiondisatioDeciaortxpensen aamn epre	.361,284	.701,427	.961,613	2,79.99	15,508.40	35,149.01
	Ot(g)hexpensesr e	11,561.27	9,778.72	7,418.10	21,3372.57	,840.3793	4,479.0822
	Totalexpenses	4.6569,77	,897.9265	55,763.54	5,613	.824,208	820,244.0
3	2)(1-t befoptialited tProfireceonmsanaxex	8,747.86	3,763.54	9,626.01	12,511.40
4	l iteExptiocenams					4,208.82	,244.0820
5	ofi(3+4)Prt befotaxre	.868,747	.543,763	26.019,6	12,511.40
6	Tax expense:					1,2.6255	6,123.41
	Cu(a)nt trreax	92.032,2	1.6977	.621,255	3,263.70	0.7	(809.42)
	ferred(b)Detax	(32.59)	)(4.23	1,285.10	)(36.82	(140)14.92	5,313.99
	Total	2,259.44	967.44	2,540.72	3,2.8826	1,193.90	0.0914,93
7	theriod (5-6)Net profit forpe	6,488.42	.102,796	85.297,0	.529,284	3,0
8	ivee (f tax)Otheheinct oner comprensom-
	sifiedbsntly tstatemtthaillt blasoenItet wsuequenoe recms
	offitd lproanoss			5.0	(174)0.6	(250.04)	(341.30)
	t defid befitliabilityRentsof(a)enmeasuremenene	(85.32)	(85.32)	(122)31.47	42.94	.9462	.9085
	lassifiedrelatinottobe(b)Ince tg to its nrecomaxem	21.47	21.47
	rofit andlosbsetlyt of ptostatemsquenensu			.55	(127.70)	(187.10)	(255.40)
	e if tax)othrehsive (t oTotalercompenncomne	(63.85)	(63.85)	(93)91.74	9,156.82	2,906.80	14,674.69
9	rehsive (7+8)Totale iencompncom	6,424.57	2,732.25	6,926.51	1,126.51	1,126.51	1,126.51
10	lueofRs.10ch)uityshpital (fPaidvaeaupeqarecaace	1,126.51	1,126.51	1,1			.23221,024
11	Otheityr equ
12	(inRsEarni.)shngs perare
	dlised ftheartlueRs. 10 eh)(not aersan(faofnnuaorquacceva
	half yr)ea	.6057	24.82	62.89	82.42	27.46	132.53
	Basic(a)	57.60	24.82	62.89	.4282	27.46	3132.5
	Dild(b)ute

3M INDIA LIMITED

Notes:

The above standalone financial results of 3M India Limited have been reviewed by the Audit Committee and approved by the Board of Directors on 12 November 2021. The statutory auditors have reviewed these results for the quarter ended 30 September 2021 and have issued an unmodified report. 1

The financial results of the 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. 2

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 isgiven in these unaudited standalone financialresults. 3

The Company has considered the possible effects that may result from COVID-19 pandemic in the preparation of these standalone financial results including the recoverability of carrying amounts of financial and non financial assets. In developing the assumptions relating to the possible future uncertainties in the global economic conditions because of the COVID19 pandemic, the Company has, at the date of approval of these standalone financial results, used internal and external sources of information and related Information and economic forecasts and expects that the carrying amount of these assets will be recovered.The impact of COVID-19pandemic on the Company's financial results may differfrom that estimated as at the date of approval of these standalone financialresults. 4

The Board of Directors of the Company and 3M Electro & Communication India Private Limited (3M E&C), at their Meetings held on 17 September 2021 had approved the Scheme of Amalgamation ('the Scheme') of 3M E&C (Transferor Company') with the Company under Section 230-232 of the Companies Act, 2013. The Appointed Date fixed under the Scheme was 1 April 2021. Based on judicial precedents,the Transferor Company will be filing an application before the NCLT for the approval of merger. 5

			3MINDIALIMITED
	OFFICREGDF CONSOUDAT	,ELECTROE:48-51L RESULEDFINANCIA	NICS CITY, HOSURTSFOR THEQUAR	GALURU56ROAD, BENHALFYEARTER AND	0 100D SEPTEMBERENDE	2021
	STEMENT OAT					Rs- inLakhs(excep	emf it12)t inct orespe
		thsded3 m	ded3 mthsenon	dthsde3 monen	d6 mthsdeonen	thsded6 monen	nded12nthmos e
SI	Particulars	onenSemb30pte2021er	30Ju2021ne	202030September	2021Septemb30er	30Septemb2020er	31March2021
No		(Uudited)	(Uudited)na	udited)(Una	(Uudited)na	(Uudited)na	(Audited)
		na
1	IncomeromRee ftions	,009.6084	,387.2074	69,000.48	158,396.80	3,616.4210	260,483.14
	(a)venuopera(b)Othincerome	842.96	799.12	579.82	1,642.08	1,220.69	2,473.73
	Totalincome	,852.5684	75,186.32	69,580.30	.88160,038	4,839.1110	262,956.87
2	Exnsespe
	Cost of md(a)aterials consume	,827.1133	35,698.00	4.0519,75	,525.1169	1.5132.65	99,441.00
	(b)Purchdef stock-in-traases o	,539.9713	21,508.30	,092.3216	,048.2735	,616.9425	58,365.23
	odk-inde(c)Chs ininviesoffinishedtoc-trators, sangeengo	4,943.96	(7,886.70)	5,979.63	(2,942.74)	5,219.10	.442,101
	ork-ind w-progressan
	Emplobenefit e(d)yeexpenses	9,852.18	9,802.35	8,026.24	,654.5319	,202.4417	,990.4836
	(e)Fintsancecos	69.14	58.37	45.90	127.51	128.94	245.41.5984
	ciatiotio(f)Dendortisaxpensepren aamn e	1,332.76	1,477.27	.581,665	2,810.03	.533,1681.52	6,137,636.56
	Othe(g)r expenses	,626.3112	107.64,47	7,802.35	23,103.9526.66	,42161008.98	0,964.7124
	Totalexpenses	,191.4376	71,135.23	59,366.074.23	147,312,712.22	0,44,430.13	,992.1621
3	2)ald t(1-Profit befoptiitereexceonmsanax	8,661.13	4,051.09	10,21
4	tiol iteExcepnams		4,051.09	,214.2310	12,712.22	4,430.13	21,992.16
5	Profitbefore t(3+4)ax	8,661.13
6	Tax expense:	2,277.03	1,048.63	1.311.50	3,325.66	1,311.50	6,499.48
	Cu(a)nt trreax	(37.47)	(7.13)	1,399.00	(44.60)	(133.35)	(744.97)
	ferred(b)DetaxTotal	2.239.56	1,041.50	2.710.50	3,281.06	1,178.15	5,754.51
7	aft(5-6)Profittaxer	6.421.57	3,009.59	7,503.73	9,431.16	3,251.98	,237.6516
8	e (f tax)Otheheiveinct or comprensomne
	fbsntlthasifiedy ttatt oItet will notbelaso semensuequemsrec
	fitlosorpros
	t defid befit liability(a)Rentsofneenmeasuremene	(97.55)	(97.55)	5)(138.0	0)(195.1	(276.10)	2)(390.2
	sifio blased(b)Ince trelatino itot tg te recomaxems n	24.55	24.55	34.75	49.10	69.50	.2198
	ofndlossubntlystatementfit atossequepro
	x)f ta*Totalothrehsive ie (t oercompenncomne	(73.00)	(73.00)	(103.30)	(146.00)	(206.60)	1)(292.0155.64
9	rehsive ie (7+8)*Totalmpenncomco	6,348.57	2,936.59	7,400.43	9,285.16	3,045.3826.51	,94.511,126
10	Rsch)ityital(falueof.10id ushaPap ecapceeaqureva	1,126.51	1,126.51	1,126.51	.511,126	1,1	9,906.4018
11	Othuityeqer
12	.)Earniha(inRsngsper sre
	alfd hh)(nolised ftheartlueofRs.10 et aan(fannuaorquersvaacce
	ar)ye	.0057	26.72	66.61	83.72	28.87	144.14
	(a)Basicd	57.00	26.72	66.61	83.72	28.87	144.14
*	Dil(b)utetheCoFuattributabletheoftoownersmpany
No	llytes:
1	3Md iIndiaLimitedbolidatedfinancialultsofThanrese aveconso	3MEletsbsidiactrsury,	tioCoican Io &mmun	PriteLimitedndiava	ftefer(hetor reasrea	the'Grp')habeouveen	iewedtheAuditbyrev
	NombDir12Coittendd by theBoardofectorsonvee ammprove	2021. Thestatuterory	haiewditoverevaurs	ultsfortheedtheresse	ded 30 Sartenepquer	r 2021 ahatembendve	odifiedissd an unmue
	aport						___
	repd ip htedfinancialultstheGre blidaofavrepareouee	with Indrdancen acco	ianActing Standacoun	(Ind AS)tifierdsasno	f Cheistrd by tMiny o	^Affteairursuaorporas p	oftheo Sion133nt tect
2	n pThrese conso(IndiaheCoiesd withRulef tCoiesAct, 20133 ompanrea	ingStandardn Auntcco	s 2015,) Ruleasam	dindedtermsenan	Relationofof33gu	SEBIg Obligtoe(Listin	Discloatiodnsansure
	mpanulatioire) R, 2015.Rentsmens						_
3	egqumhatultfronsideredthessibleeffects tThe Gmay res	COVID-19ndic ipaem	tiof thntoaran oese prep	lidatedfinane conso	includingcial reltstoesu	rabilityofovecarryrec	financialingofntsamou
	p hporouasco

and non financial assets. In developing toe assumptions relating to toe possible future uncertainties in the global economic conditions because of toe COVID19 pandemic, the Group has, at the date of approval of these consolidated financial results, used internal and external sources of information and related information and economic forecasts and expects that the carrying amount of these assets will be recovered. The impact of COVID-19 pandemic on the Group's financial results may differ from that estimated as at the date of approval of these consolidated financial results.

The Board of Directors of toe Company and 3M Electro & Communication India Private Limited (3M E&C), at their Meetings held on 17 September 2021 had approved toe Scheme of Amalgamation ( the Scheme') of 3M E&C ('Transferor Company^ with the Company under Section 230-232 of the Companies Act, 2013. The Appointed Date fixed under toe Scheme was 1 April 2021. Based on judicial precedents, toe Transferor Company will be filing an application before the NCLT for toe approval of merger. 4

fincialreltsAdditional infoatindalostaansurmononne
Particulars	thsded3 monen	thsded3 monen	ded3 mthsenon	ded6 mthsenon	ded6 mthsenon	ed12nthndmos e
	Semb30pte2021er	30Ju2021ne	Semb202030pteer	Semb202130pteer	Semb202030pteer	March202131
	udited)(Una	(Uudited)na	(Uudited)na	(Uudited)na	(Uudited)na	(Audited)
rome ftioReoperansvenu	77,689.05	68,854.07	64,783.12	146,543.12	4.6896,73	242,036.39
Profit before tax	.868,747	3,763.54	9,626.01	12,511.40	4,208.82	20,244.08
Profit after ta	6,488.42	2,796.10	7,08529	9,284.52	3,093.90	,930.0914
xrehsive inTotalencomecomp	6,424.57	2,732.25	6,991.74	9,156.82	2,906.80	,674.6914

3MLIMITEDINDIAICSCITY, HOSURROELECTRONOFFICE: 48-51,REGD	GALURU560 1AD, BEN	00
SHEEBALANCESTANDALONE	T	Rs. inLakhs
Partilarscu	Asat1Seber 20230ptemudited)(Una	Asat2131Mah20rcudited)(A
SETSAS
Notsntassen-curre	6.59	22,380.14
d eipm(a)Prplatertntenanquopy,	,26216,657.67	349.662,
Capitalrk- i(b)- progresswonRiofts	.473,015	2,408.94
gh(o)t -asse- useIntgiblets(d)assean	30.90	34.12
Fincial a(e)etsanss
(i)Invtstmenes	,480.0050	,480.0050
eivable(ii)Los recan	34.43	21.96
r finaial(iii) Othetsncasse	989.3440.59	818.062,560.83
(net)(f)Defed ttsasserreax	2,6,914.9611	10,754.96
(net)(g)Inctse tseomaxasOtnttsher non- curreasse	5,317.67	005,8,13
(h)Tol nnttstaon- curreasse	102,347.62	,608.8097
Cutsntasserre
rie(a)Invtoens	0.3044,90	43,027.05
Fincial a(b)etsanss
eivables(i)Tradrece	42,191.22	46,050 86
ivalents(ii)Cashd ch eanasqu	105,247.01	5.3993,71
) Leivable(iiioansrec	7.35	35.01
) Or finaialts(ivtheassenc	.625,202	2,723.80
Othets(c)ntasser curre	126.526,	8,501.86
tsTotal cntasseurre	203,675.02	194,053.97
Tol ataetsss	22.64306,0	62.77291,6
LIABILITIESEQUITYAND
Equity	26.51	1,126.51
Equithapital(a)y sreca	1,1181.0230,5	221,024.23
Otheity(b)r equTotal eity	1,307.5623	150.74222,
qu
Liabilities
iesliabilitNontcurren-
l liabilities(a)Finciaan	1,246.61	1,030.90
liabilitie(i)Leases(b)Prisionsov	4,391.30	.833,831
liabilitiesTol nnttaon- curre	.915,637	4,862.73
Cuntliabilitiesrre
l liabilities(a)Finciaan
iabilities(i)Lee las	1,698.45	56.621,2
ablesTrad(ii)e pay	26.56	1,937.18
rismidallteTl ondingduofrpesotautstacrosmenesan-all eristheicrd snteditr tharpesomn man	2,7,394.7531	,800.0936
- Tl ondingduofotautstas ocreoresther finaialliabilitiesnc	23,125.43	,853.6514
) O(iiiliabilitie(b)Othentr curres	2,299.46	2.777.63
(c)Prisiovons	5,553.02	.634.744
ities (t)(d)Incliabile tneomax	.502,279	.502,279
liabilitiesTol cnttaurre	1769,077.	64,649.30
liabilitiesdTotal eityquan	6,022.6430	291,662.77
	OrdeByMr 3fo	Bodf ther oardia LimitedIn
BealuPlace:ngru	es	duihRamare
mbDa12No2021teveer:	giMana	Dictorngre

Registered Office:Plot No. 48-51,Electronics City, Hosur Road, Bengaluru - 560001 www.3m.com/in

3M INDIA LIMITED WeWork Prestige Central 3rd floor, 36 Infantry Road, Tasker Town, Bengaluru - 560001 India Tele:+91 80 2223 1414 CIN No.: L31300KA1987PLC013543

lanaging Director

3MINDIALIMITED
CTCSCITYOSREGDOFFICE51, ELERONI, HURROAD: 48-	, BENGALURU560 100
CONSOLIDATEDBALANCESHEET
		Rs. iLakhns
Partilarcus	Asat	Asat
	Seber 202130ptem	31Mah2021rc
	(Uudited)na	(Audited)
ASSETS
Nonttsn-curreasse
(a) Ppladuipertntntropy,aneqme	22,948.67	24,154.70
(b)Capitalrk-in- progresswo	6,705.68	2,351.89
(c)Righoft -ts- useasse	3,035.47	2,435.0134.12
(d)IntgibletsanasseFincial a	30.90
(e)etsanss(i)Loeivableans rec	37.30	24.86
(ii)Other finaialtsassenc	1,016.88	844.99
t)(f)Defed t(netsrreaxasse	3,173.20	3,079.50
(g)(net)Ince ttsomaxasse	13,182.36	11,984.40
(h) Othenttsr non- curreasse	6,034.11	6,471.33
Tol nnttstaon- curreasse	56,164.57	51,380.80
Cunttsrreasse
(a) Irietonvens	49,246.98	45,654.77
(b)Fincial aetsanss
(i)Tradeivablese rec	45,131.06	48,852.84
(ii)Cashd chuivalentsanaseq	118,678.84	106,242.29
(iii) Leivableoansrec	8.5290.40	36.1881.74
(iv) Other finaialtsncasse(c)Othet aetsr currenss	5,87,2.1077	3,59,404.41
Total ctsntasseurre	226,232.90	213,772.23
Tol ataetsss	282,397.47	265,153.03
EQANDSUITYLIABILITIE
Equity
(a)Equithapitaly srecaOthe	1,126.51199,191.56	1,126.51189,906.40
(b)ityr equTol eitytaqu	200,318.07	191,032.91
Liabilities
Noliabilitiesntn-curre
l liabilities(a)Finciaan
(i)Lee liabilitiesas	1,254.28	1,043.02
(b)Prisiovons	4,8.2657	4,214.91
Tol nliabilitiestanton- curre	6,111.54	5,257.93
Culiabilitiesntrre
Fincial liabilities(a)an
(i)e liabilitiesLeas	1,709.80	1,269.57
(ii)Tradablese pay
- Tl ondingduofmid sll erisotautstanteescroanmarpes	3,230.89	2,154.83
ris- Tl ondingduofditthehamid sall enteotautstar trpesescreors oncroanm	35,607.85241.78	,940.0238164.41
(iii) Other finaialliabilitiencsOthet liabilities	,802,452.42	,113,036.73
(b)r curren(c)Prisiovons	5,885.62	5,067.13
(d)Incliabilities (t)e tneomax	2,279.50	2,279.50
liabilitiesTotal cnturre	75,967.86	,862.1968
itydliabilitiesTotal equan	282,397.47	265,153.03
	ByOr	def theBodr oar
	For 3	MIndiaLiitedm
PlBealuace:ngru	tn	hRaduiesmara

Registered Office: Plot No. 48-51, Electronics City, Hosur Road, Bengaluru - 560001 www.3m.com/in

Date: 12 November 2021

3MEDINDIALIMITA	NGALURU56010BE	0
CITY, HOSURROD,ECTRONICSIC-51,ELREGDOFFE:48CASHFLLONESTATEMENTOFSTANDA	OW
			Rs. ilakhsn
	6Mthon	dedsen	Yededaren
Partilacurs	021Septber 230emudited)(Una	be02030Septr 2emudited)(Una	31Mch2021ar(Audited)
mwtivitiCashflofroinatgacesoper
it befProftaxore	,511.4012	208.824,	20,244.08
Adjufosttsmenr:
iationtisionDedatexpenseprecanamor	712.062,	3,064.13	5,96547.
)Prisifor dbtful debts(netovonou	36.54)(2	208.31	52677.
et)rittback(nbilitielonuiredLiaens noger reqw	49)(82.	(8.87)	(7)5.24
(n)tioetn)foigntradloss /(gaiUnalisechcurrencynsacnsonreangereex	16.95	56)(29.	66.47
nduipl of plantGaindist artyeqmensa, ponporope	(159.01)	(55).1	(159.75)
Intt ieresncome	(1,260.71)	)(1,078.60	(1,976.53)
Fistsnanceco	126.77	12457.	243.22
	13,628.43	6,486.53	24,837.46
rkingpital:Mintswocaovemen
indeble(De)/ itraepayasecreasncreas	(44.30),55	)(9,112.54	675.339,
isi(De)/ iinprovonsecreasncrease	19221,7.	(1,603.65)	(632.65)
r liabilitiesliabilitiedheIncher finaialotinotsanreasenc	7,819.75	260.195,	941.183,
deivableDeintraeaserecescr	4,100.07	2.7811,89	106.704,
rie) /deininvto(Inssecreaseencrea	)(1,873.25	6,655.41	(1,922.93)
dnttsthnther finaialtsassee)/ iinlootannoncurre(D, oercurrencassencreaseans,ecreas	9)(256.2	1,097.30	(9)48.45
mtivitifroatioCashtednsacesopergenera	20,061.63	,676.0220	39,056.64
offund)aid(nInctaetreex pom	)(4,423.70	,906.80)(1	2)(7,851.2
mtiviti(A)froindatNet chtegacesopergeneraas	,637.9315	18,769.22	31,205.42
mitiinintivCashflowfrostgesveac
ndintgibletsnduipt aPuhaoflant aasseanmener	(4,280.51)	1)(879.4	2)(4,041.7
tyeqrcseprop, pmnduipoflant atPrdsfroletyeqmenersa	159.01	5.94	230.08
prop, poceeeivedIntt r	102.001,	1,206.03	2,221.40
eresecmtiviti)in(Bdfroinsth(udin) /tegesNeveact cgeneraasse	(3,019.50)	332.56	)(1,590.24
mtivitiwfinciCashflofrongacesan	)(1,086.81	(1,218.89)	)(2,476.50
)liability(includiinthePaf let tt ongreoneresymenase	,086.81)(1	(1,218.89)	(20),476.5
tiviti(C)fincihedinNet cngacesanasus
(A+B+C)shdshuilentinNet ivascaancaeqncrease	,531.6211	89,882.17	27,138.68
ofththbegiingdshuivalentCashateyearsenncaeqan	,7139935.	,576.7166	66,576.71
thdofthdshuilentatCasheyearseenancaeqva	5,247.0110	84,459.60	93,715.39
isofuileCashdshntcompre:eqvasanca			0.25
Cahandshon
ithnkBalanbas ws:ce	,247.0116	15,459.60	715.144,
ts- intunnrreaccocuth	,000.0089	,000.0069	89,000.00
hrs)ityofleshan t(original mats t- ditstseemonuraccounepos	247.01105,	84.459.60	15.3993,7

MITED3MINDIALI
OSURCSCITY, H, ELECTRONICE: 48-51REGDOFFI	URU56ROAD,BENGAL	0100
ENTOFNSOLIDATEDSTATEMCO	OWCASHFL		. iRslakhns
	th	nded	Yededaren
	M6on	s e	202131Mah
laParticurs	ber 202130Septemite	beSeptr 202030emudited)	rc(Audited)
	udd)(Una	(Una
mtivitiCawfroinshfloatgacesoper	1212.22,7	134,430.	21,992.16
Profit beftaxorefo
Adjusttsmenr:iontisationdnseex	032,810.	533,168.	6,184.59
Deiatpeamorprecanbtfulet)isifor ddebts(nPr	(255.86)	19.88	41292.
onouovback(net)uireditteitielonLiabilwrns nor r	(83.55)	(9.89)	)(76.79
geeqtio(net)y tain)foignchloss /(grrencransacnsUnalisedrecuonexangere	.4817	(40.12)	.1677
ndlanuipntl of pt aGaidisrtyeqme, ponsaropen	(159.01)	(5.15)	(1)59.75
poIntt incomeeres	(1,392.04)	19.93(1,2)	)(2,237.19
Fistsnanceco	127.51	128.94	245.41
	6.7813,77	6,472.39	,318.0026
pil:inrkintaMotsgcawovemen
bleindee)/ itra(Dpayasreaseecreasnc	93(2,193.)	(9,072.37)	1.7910,05
isi/ iin(De)onsncreaseprovecreas	1,265.74	(16.58),58	(5561).7
iabilitiesndher lliabilitieotinher finaialInots anccrease	8,129.20	71.975,4	126.894,
ivableindeDetrarecescrease	33,981.5	12,978.80	03034,5.
invrie) /deinto(Inenscreasecrease	)(3,592.21	946,597.	)(1,789.08
tsdnthentassethfincial aetotnon curreinloaurreane)/ is,r c(D, oeranssreasensreasncec	(379.09)	532.21	(1,729.82)
miotivitidfroatCashteernsacesneraopge	,988.0220	4.3621,39	40,456.10
ndoffu)aid(nIncettareomex p	62(4,523.)	(1,968.96)	62)(8,348.
tiviti(A)minfroathdesNeteopergact casgenera	4.4016,46	5.4019,42	32,107.48
mintivitiCafroinstshflowvegaces
ndintgibletsuipndt aseoftylant aanasPuhaeqmen, pseproperrc	,325.73)(4	)(910.87	,151.66)(4
nduipoflanntmletyt aPrdsfroeqmeer, psapropocee	01159.	945.	68239.
edInteivt reresec	.441,232	1,363.58	.332,493
mtiviti(B)indinstdin) /tefroesh(uvegacNet cnerasegeas	(2,934.28)	458.65	18.65)(1,4
mtivitifrofinciCashflowngacesan
)inthebility(includit tf leliaPat oeresreonngymenase	(1,093.57)	,230.43)(1	70)(2,503.
iti(C)fincitivhedinNet cngacesanasus	3.57(1,09	)(1,230.43)	)(2,503.70
			513
+C(A+B)shuilentshdt ie ivasNecaeqncaanncreas	12,436.55	6218,653.	,182816787.
thninofthbeginshuivalentsate yearCashdgecaeqan	296,242.10	1678,057.0.7896	,05106,242.29
thdofthuilenCashdshtsate yeareeneqvaanca	8,678.8411	,71
iseofshuilenCashdtsprcom:caeqvaan			0.25
Candshhaon
ithbankBalans:ces w		.7817,210	046,742.
- itsntaccounncurre	19,678.8400990.	79,500.00	,500.0099
)hathhsityofless tnt(original matitstsnreemodurosaccounep-	,008,678.8411	96,710.78	242.29106,

3M INDIA LIMITED REGD OFFICE: 48-51, ELECTRONICS CITY, HOSUR ROAD, BANGALORE 560 100 Consolidated Segment-wise Revenue, Results, Assets and Liabilities

Particulars	thsded3 menon	3 mthsdedonen	thsded3 monen	ded6 mthsonen	ded6 mthsenon	Yededaren
	30Semb2021pteer	202130June	30mb2020Septeer	202130Sembpteer	Semb202030pteer	31March2021
	(undited)au	dited)(unau	dited)(unau	(undited)au	dited)(unau	(Audited)
Set revenuegmen				585.13	,255.5342	.641,24910
IndrialSafety &ust(a)	,234.3129	0.8228,77	,006.36294	,0052,972.15	30,624.42	89,033.53
EleicsTration &ctr(b)rtaonpons	,205.2229	323.766.9	2 622,22.9456	,894.6526	7.3515,95	,200.7836
h C(c)Healtare	8.0113,88	13,006.64	8,285.96	6.2418,77	,392.1813	31,286.00
Co(d)nsumer	,690.6910	85.558,0	8,41,028.58	1,748.63	1,388.94	2,713.19
(e)Others	991.37	757.267.20	,000.4869	.80158,396	103,618.42	260,483.14
tioRee foperansvenurom	84,009.60	,3874
Seltst regmensu	1,955.14	276.88	6,088.78	2,232.02	3.899.38	10,392.17
Safety &Industrial(a)	1,900.79	(283.27)	1,349.06	1,617.52	1)(2,917.0	1,418.96
tion &Electrics(b)Trartaonnspo	1.338.93	1,656.31	8.3155	2,995.24	1.4260	3,047.14
h C(c)Healtare	2,383.54	.821,260	1,215.70	44.363,6	1.205.68	3,985.56
(d)ConsumerOthe	308.91	399.60	468.46	708.51	548.91	920.01
(e)rsTotal	7,887.31	3,310.34	9,680.31	511,197.6	3.338.38	3.8419,76
stsFinLecoance	69.14	58.37	45.90	127.51	128.94	5.4124
:ssbleincAdd:Unalloomeca	6842.9	799.12	9.8257	1,642.08	1.220.69	2,473.73
mOptiobefore tfroTotalfiteransaxpro	8,661.13	4,051.09	,214.2310	,712.2212	4,430.13	21,992.16
Setst assegmen					9.0839,76	1.4144,77
rialSafetIndust(a)y &	,185.9944	,823.4548	39,769.08	,185.99442.28	,003.6236	46,232.84
icstion &Electr(b)Trartaonnspo	2.2843,56	,881.2748	3.6236,00	43,56,789.5218	,733.9714	,369.9616
h CHealt(c)are	,789.5218	,789.5318	14,733.97	,181.4511	,070.9910	410,455.7
Co(d)nsumer	,181.4511	11,223.63	,070.9910.2451	4,678.2316	.24133,551	147,323.08
tedUnallo(e)ca	4,678.2316	0,862.8415	3,51328.9023	2,397.4728	4,128.9023	265,153.03
talt aetsTosegmenss	.47282,397	8,580.7227	4,1
t liabilitieSesgmen	,028.4716	20,145.93	9,905.13	,028.4716	.139,905	,686.0316
lIndustria(a)Safety &	813,697.9	18,406.88	.237,083	7.9813,69	7,083.23	,049.1616
tioEleicsTrartan &ctr(b)onnspo	6,379.13	21.917,1	3,707.24	6,379.13	07.243,7	5,080.35
Health C(c)areCo	91.072,6	3,158.89	1,666.03	2,691.07	1,666.03	,863,409
(d)nsumertedUnallo	43,282.75	,777.6135	,634.6233	,282.7543	,634.6233	232,894.7
(e)cat liabilitiestalTo	9.4082,07	84,611.22	,996.2555	9.4082,07	,996.2555	,120.1274
gmense

Notes:

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. 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.

f (tyder of the Board ;or>3M IndiaXimited

? artiesh Ramadutai

Managing Director Place: Bengaluru Date:12 November 2021

B S R & Co. LLP

Chartered Accountants

Embassy Golf Links Business Park, Pebble Beach, B Block. Off Intermediate Ring R Bengaluru-560 071 India 3" Fax: > Floor, oad,

Telephone: + 91 80 4682 3000 + 91 80 4682 3999

Limited review report on unaudited quarterly standalone financial results and year to date results for the period from 1 April 2021 to 30 September 2021 of 3M India Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 ("Listing Regulations")

To Board of Directors of 3M India Limited

• 1. We have reviewed the accompanying Statement of unaudited standalone financial results of 3M India Limited for the quarter ended 30 September 2021 and year to date results for the period from 01 April 2021 to 30 September 2021 ("the Statement").
• 1. 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 issue a report on the Statement based on our review.
• 1. 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. This standard requires that we plan and perform the review to obtain moderate assurance as to 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 an audit opinion.
• 1. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with applicable accounting standards and other recognised accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement.

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

Vikas!} Gupta Partner Membership No. 064597 UDIN No.:21064597AAAACX9054

Place: Bangalore Date: 12 November 2021

B S R & Co. LLP

Chartered Accountants

Embassy Golf Links Business Park, Pebble Beach, B Block, 3'd Floor, Off Intermediate Ring Road, Bengaluru-560 071 India

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

Limited review report on unaudited quarterly consolidated financial results and consolidated year to date results for the period from 1 April 2021 to 30 September 2021 of 3M India Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("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 September 2021 and year to date results for the period from 01 April 2021 to 30 September 2021 ("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').
• 1. This Statement, which is the responsibility of the Parent's management and approved by the Parent's 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 is to express a conclusion on the Statement based on our review.
• 1. 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.

1. The Statement includes the results of 3M Electro and Communication India Private Limited (subsidiary company) %

B S R & Co. LLP

3M India Limited Limited Review report (continued)

5. Based on our review conducted and procedures performed asstated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance 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, including the manner in which it is to be disclosed, or that it contains any material misstatement.

for B S R & Co. LLP Chartered Accountants Finn's Registration No. 101248W/W-100022

Partner Membership No. 064597 UDIN No.: 21064597AAAACY8112

Place:Bangalore Date: 12 November 2021

Annexure 3

3M India Limited

WeWork Prestige Central 3rd floor, 36 Infantry Road, Tasker Town, Bangalore 560001, India Office : +91 80 22231414

Registered Office

Plot Nos.48-51, Electronics City, Hosur Road Bangalore 560 100, India Office : +91 80 45594300

www.3m.com/in CIN: L31300KA1987PLC013543 investor helpdesk : investorhelpdesk.in@mmm.com PAN: AAACB5724H || GSTIN: 29AAACB5724H1ZQ

Press Release

Bengaluru, November12, 2021

3M India Limited held a meeting of its Board of Directors on November 12, 2021 via Video Conference and is pleased to announce the following highlights of results for the quarter as well as half year ended September 30, 2021.

• 3M India Limited registers Topline growth (Standalone and Consolidated) on Q-o-Q (sequential) and Q-o -Q (previous Year) basis. (Note: all figures are rounded off to nearest digit)
• Standalone EBITDA grew by 94% Q-o-Q (sequential) and Consolidated EBITDA grew by 80% Q-o -Q (sequential) basis.
• All segments (standalone & Consolidated) grew on Q-o-Q (sequential) and Q-o-Q (previous year) basis.
• Cost headwinds and supply chain volatility continues to be a challenge.

Particulars	July -September2021	April -June2021	Growth
Sales & Other Operating Income	777	689	13%
Other Income	8	8	0%
EBITDA	101	52	94%
PBT	87	38	129%
PAT	65	28	132%

Standalone Results: (Rs. Crores)- Q-o-Q

Standalone Results: (Rs. Crores)- Q-o-Q (previous year)

Particulars	July -September	July -	Growth
	2021	September2020
Sales & Other Operating Income	777	648	20%
Other Income	8	6	33%
EBITDA	101	113	-11%
PBT	87	96	-9%
PAT	65	71	-8%

Consolidated Results: (Rs. Crores)- Q-o-Q

Particulars	July -	April -June	Growth
	September2021	2021
Sales & Other Operating Income	840	744	13%
Other Income	8	8	0%
EBITDA	101	56	80%
PBT	87	41	112%
PAT	64	30	113%

Consolidated Results: (Rs. Crores)- Q-o-Q (previous year)

Particulars	July -September	July -	Growth
	2021	September 2020
Sales & Other Operating Income	840	690	22%
Other Income	8	6	33%
EBITDA	101	119	-15%
PBT	87	102	-15%
PAT	64	75	-15%

Commenting on the quarterly and half yearly results, Mr. Ramesh Ramadurai, Managing Director of 3M India Limited, said "I thank our employees and business partners for their strong support during the quarter. With their commitment, the Company has been able to serve our customers effectively. This was particularly commendable as we were all recovering from the impact of the COVID second wave. While revenue growth has seen sequential improvement and stabilization during the quarter, cost headwinds and supply chain volatility continue to be a challenge. The Company is mitigating some of the impact through price actions and prudent cost management actions."

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, 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: @3MIndialimited