3M India Ltd. — Interim / Quarterly Report 2021

Feb 10, 2021

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

3M E-Mail: investorhelpdesk.in@mmm.com

February 10,2021

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 and nine months ended December 31.2020.

Ref: Reg. 30(2) and Reg. 33 ofSEBI (LODR) Regulations**.**2015

This is further to our letters dated January 27, 2021 and January 29, 2021, wherein we had intimated to the Exchanges, the date of Board Meeting for the consideration of Unaudited Financial Results (Standalone & Consolidated) for the quarter and nine months ended December 31,2020.This is to inform you that,

• 1. The Board of Directors have approved and took on record the Unaudited Financial Results (Standalone and Consolidated) for the quarter and nine months ended December 31, 2020 at their meeting held today viz., February 10, 2021. The same was signed by Mr. Ramesh Ramadurai, Managing Director of the Company. We enclose Unaudited Financial Results (Standalone and Consolidated) for the quarter and nine months ended December 31, 2020. 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. The Board of Directors, based on the recommendations of the Nomination and Remuneration Committee and on the basis of the Performance Evaluation Independent Directors have approved the re-appointment of Ms. Radhika Govind Rajan (DIN: 00499485) as Non-Executive Independent Director of the Company for a second term of 5 (Five) continuous years from May 27,2021 to May 26,2026 subject to the approval of the members by way of Special Resolution to be obtained through Postal Ballot

We hereby affirm that the Independent Director who has been re-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.Radhika Rajan is enclosed below as Annexure -7 .

1. The Postal Ballot Notice will be sent to the Members of the Company whose names appear in the Register of members / List of Beneficial owners as on February 12, 2021, being the cut-off date for sending Postal Ballot Notice to the Members who are entitled for e-voting.

We give below the calendar of main events for the Postal Ballot.

24, Vittal Mallya Road, Bangalore - 560 001 Phone: 080-30614366 Fax: 080-22231450 Website: www.3m.com/in

3M E-Mail: investorhelpdesk.in@mmm.com

• 1. Cutoff date/Benpos date for sending Notice to Members Friday, February 12,2021.
• 1. Voting period starts on Tuesday,February 23,2021.
• 1. Voting period ends on Wednesday, March 24,2021.
• 1. Scrutinized Report and date of declaration of results of the Postal Ballot Friday, March 26,2021.
• 1. The Board of Directors,based on the recommendations of the Audit Committee have approved the re-appointment of Messrs. BSR & Co. LLP, Chartered Accountants, Bengaluru (ICAI firm Registration No. 101248W/W-100022), as Statutory Auditors of the Company for a second term of 5 (Five) years from the Financial Year beginning 2021-22,subject to the approval of the Members of the Company at their 34th General Meeting to be held in August 2021.

The Meeting commenced at 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 3M India1 Limited, 4 IA \J.

V.Srinivasan Company Secretary

B S R & Co. LLP

Chartered Accountants

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

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

Limited review report

To Board of Directors of 3M India Limited

• We have reviewed the accompanying Statement of unaudited standalone financial results of 3MIndia Limited ("the Company") for the quarter ended 31 December 2020 and year to date results for the period from 01 April 2020 to 31 December 2020 ("theStatement"). 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 onour review. 2**.**
• 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. 3.
• 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. 4.

for BS R & Co. LLP Chartered Accountants FimTs Registration No.101248W;

V

Vikash Gupta Partner Membership No. 064597 UDIN No.: 21064597AAAAAI4182

Place: Bangalore Date: 10 February 2021

B S R & Co. (a partnership firm with RegistrationNo.BA61223) convertedintoB SR & Co.LLP (a LimitedLiability Partnership with LLP Registration No.AAB-8181) with effect fromOctober 14,2013 Principal Office:

14thFloor,Central B Wing and North C Wing,Nesco IT Park 4,Nesco Center,VWstern Express Highway,Goregaon (East},Mumbai- 400063

	GDREOFT OF SSTATEMENTANDALON	FICE:48-51, ELECTE FIALINANCRESU	URS CRONICITY, HOSORS FE QLTTHUART	RUROAD, BENGALUERD NINEANMONT	560 100R 2HSD DECEMBEENDE	020
							m
SINo	Particulars	d3 mthsdeonen31Deber 2020cem(Uudited)na	d3 mthsdeonen30Semb2020pteer(Uudited)na	d3 mthsdeonen31Demb2019ceer(Undited)au	d9 mthsdeonen31Demb2020ceer(Uudited)na	Rs. inLakhs(excep9 mdthsdeonen31Demb2019ceer(Uudited)na	t int of ite12)respeced12nths endmorch31Ma2020(Audited)
1	Inceom
	m o(a)Reueatiofronsvenper	468,378.3	64.783.12	69.408.78	165,113.02	213,766.37	276,487.73
	(b)Othinceerom	649.44	606.43	1,345.82	1.963.95	3,012.47	4,158.32
	eTotalIncom	869,027.7	65,389.55	70,754.60	167,076.97	216,778.84	.05280,646
2	Exspense
	(a)Cost of mrialedates consum	29.296.75	18,535.10	28,037.97	59.609.54	74,275.49	102,856.73
	(b)Purchf stock-in-detraases o	12,082.13	14,656.03	11.995.93	35.939.71	45,417.00	59,157.11
	(c)Chesin intoriesof finishedds, stock-in-tradeangnvegooandrk-iswcn-progres	(169.91)	6,153.98	.751.622	.045,117	3,419.68	(822.45)
	e(d)Employeebenefitsexpens	9,360.99	7,341.50	7.437.35	25,044.06	22,586.61	529,782.1
	(e)Fine costsanc	85.91	44.87	.86110	213.36	271.93	361.11
	(f)Deciationd artisation ensepreanmoxpe	1,519.97	1,613.96	1,424.14	4.584.10	4.202.97	.705,737
	(g)Othes(refnote 4)erexpenser	9.718.07	7,418.10	11.044.72	25.226.47	32,952.00	51,533.39
	sTotalexpense	61,893.91	55,763.54	261,673.7	.28155,734	.68183,125	4248,605.7
34	ndProfitbeforetiol Its atax(1-2)excepnaemExcional iteptsem	.877,133	.019,626	9,080.88	911,342.6	,653.1633	.3132,040
5	Profitbefore t(3+4)ax	7,133.87	9,626.01	.889,080	911,342.6	633,653.1	32,040.31
6	Tax expense:
	(a)Cunt taxrre	2,348.78	1,255.62	2,343.87	.403.604	8,914.65	9,335.29
	(b)Deferredtax	(482 42)	1,285.10	(37.83)	(623.12)	258.65	807.77
	Total	.361,866	.722,540	.042,306	.282,981	9,173.30	10,143.06
7	d (theNet profit frio5-6)orpe	5,267.51	7,085.29	.846,774	418.361.	624,479.8	.2521,897
8	Othe inmerehsivercompenco-
	Items tiedtlytohatwill notbelassifbsestatementrecsuquensoffitlosproor
	(a)Reents of net definedbenefit(liability)/etmeasuremass	(125.02)	(125.02)	(4.91)	(375.06)	(14	(500.09)
	(b)Ince trelatingtoitemottobelassifiedaxs nomrecsubtlytoof profr lostatementit osequenss	31.47	31.47	1.24	94.41	3.71	125.86
	Totale Iothrehsive (netof)taxercompenncom	(93.55)	(93.55)	(3.67)	(280.65)	(11.02)	(374.23)
9	e ITotalrehsivme(7+8)compennco	.965,173	.746,991	6,771.17	.768,080	424,468.8	21,523.02
10	Paid up eityshare cital(facelueofRs.10h)quapvaeac	1,126.51	1,126.51	1,126.51	1,126.51	.511,126	1,126.51
11	Othityer equ						206,349.54
12	Earninharingse (Rs.)per s
	ce(favalueofRs. 10 each) (nlised fthendnineotrteannuaorquar a
	nths)mo
	(a)Basic	46.75	62.89	60.14	74.22	217.31	194.38
	(b)Dildute	.7546	.8962	6014	7422	21731	19438
No	tes:
1	3MThe above sdalone financial rltsofIndiaLimitedhave btanesuee	n redevibytheAuew	Coditittee andmmap	vedbytheBoardofpro	Directon10Februaryors	2021. Thestatutoryau	ditohave reviedrsew
	theseultsforthended 31 Dmbrte2020 andhave isresquar eeceer	d an uodified rsuenmepo	rt.

3M INDIA LIMITED

2 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.

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

4 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 and nine months ended December 31. 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 nine months and gradually resumed with requisite precautions as per the directives issuedby 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 fromthe estimates made as of the date of approval of these financial results.

During the year ended 31 March 2020. based on the assessment the Companyrecorded 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 includedin other expenses.

5 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 Ballot were announced on 28 February 2020. Based on the opinion from the counsel, the Company has now made an application with the jurisdictional Regional Director for the approval of the Scheme Addtional information sought by the Regional Director has been submitted and the Company awaits the hearing date.

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

Chartered Accountants

+ 91 80 4682 3999 Embassy Golf Links Business Park, Pebble Beach, B Block, 3rd Floor, Off Intermediate Ring Road, Bangaluru-560 071 India

Telephone: + 91 80 4682 3000 Fax:

Limited review report

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 31 December 2020 and year to date results for the period from 01 April 2020 to 31 December 2020 ("the Statement"), being submitted by die 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'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.
• 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 ofthe 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 review7 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)

Center,VVtestem Express Highway,Goregaon (East),Mumbai-4(30063 B S R & Co.(a partnership firm with RegistrationNo.BA61223) converted intoB S R & Co.LLP (a Limited Liability Partnership with LLP RegistrationNo.AAB-81811 with effect fromOctober 14,2013

Principal Office:

14thFloor,Central B Wing and North C Wing,Nesco IT Park 4,Nesco

B S R & Co. LLP

3M India Limited

Limited review report (continued)

1. 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 Firm's Registration No.101248W/W-10P022

Place: Bangalore Date: 10 February 2021

upta rtner Membership No. 064597 UDINNo.: 21064597AAAAAJ3177

	3MDIAINDLIMITE
	GDURS CRUREOFFICE:48-51, ELECTRONICITYOS0 100, HROAD, BENGALU56EDR TR ATSHENDEDERT OF CL RE MS ESTATEMENONSOLIDATFINANCIAESULFOQUARTENINONTHNDDECEMB2020
	m.inRsLakhs(ext inf ite
Si	Particulars	3 mthsddeonen	d3 mthsdeonen	3 mthsddeonen	d9 mthsdeonen	cepd9 mthsdeonen	12)t orespeced12s enthndmo
No		31Demb0202ceer	3020Septemb20er	31Demb2019ceer	31Demb2020ceer	3119Demb20ceer	31rch0Ma202
		(Uudited!na	(Undited)au	(Uudited)na	(Uudited)na	(Uudited)na	(Audited)
1	Inceom
	m o< a)Reuefroationsvenper	.0674,144	69,000.48	874,537.5	8177,762.4	231,339.87	9298,655.0
	(b)Othmeer inco	568.85	9.8257	.901,442	.541,789	3,345.61	564,589,
	Totaleincom	74,712.91	69,580.30	758,980.4	179,552.02	234,685.48	5303,244.6
2	Exspense
	(a)Cof mrialedst oates consum	30.827.82	19.754.05	330,202.8	63.479.33	802,835.2	0110,025.5
	(b)dePurchs of stock-in-traaseChin ihed	13,625.40	216,092.3	012,858.6	39.242.34	048,370.1	164,002.1
	ries< c)esntoof finisdsock-in-de, sttraangnvegooandrk-is	(135.06)	.635,979	.731,550	5.084.04	.763,792	(399.03)
	won-progres(diEmployeeebenefitsens	9244.3	26.24
	expe c(e)Finostsanc	10,86.25	8,0.9045	.878,197112.43	327.446.8215.19	25,049.962	132.858. 5.21
	ionDecatd artisation ensepreanmo	.331,574	1,665.58	.921.474	.864,742	276.4.45	366
	xpe(g)Otheserexpens	10,416.10	.357,802	611.942.5	226,837.6	4,3433358.0	.255,9332
	Totalesexpens	.2366,639	59,366.07	4669.9	11678.2	,951925.94	47.201.57
3	nde es ataxProfitbeforptial item(1-2)xceon	.688,073	310,214.2	,339,640.54	,0412,503.81	8,64369.5	259,988.08436.5
4	Exceptional items					,05	,25
5	e taxProfitbefor(3+4)	.688,073	103,214.2	.549,640	1503.812,	.5436,059	843,256.5
6	x eTaxpense:
	a) Centtaxurr	2,614.51	501.311.	2,451.89	.013,926	9,523.59	110,065.2
	( b)Deferredtax	(479.54)	1,399.00	(3.29)	(612.89)	1330.4	.45974
	Total	2,134.97	502.710.	.602,448	.123,313	.009,854	11,039.66
7	fitProaftax(5-6)ert	5,938.71	7,503.73	.947,191	.699,190	426,205.5	232,216.9
8	Othrehsive ie (netoftax)ercompenncom
	iedtoItems thatwill nbebsetlyotlassifstatemtsuquenrecen
	soffitlosproor
	Ref net defined(a)ents obenefit(liability)/measuremetass	(138.05)	(138.05)	(2.83)	(414.15)	(8.48)	2.20)(55
	e ttingtoo be r(b)Incaxrelaitems not teclified substlyomassequen	.7534	.7534	0.72	.25104	42.1	.98138
	to statentof profit or lossme
	e iTotalothrehsive (of) *nettaxercompenncom	(103.30)	(103.30)	(2.11)	(309.90)	(6.34)	(413.22)
9	Totalrehsive ie /(lo) (9+10) *compenncomss	5,835.41	7,4.4300	.837,189	.798,880	26,199.20	.7031,803
10	Paidup eityre cshaital(facelueofRs.10h)quapvaeac	.511,126	.511,126	1.126.51	.511,126	.511,126	.511,126
11	OthuityereqEarnin						6173,960.7
12	re (gsshain Rs.)(facevalueofRs0 e. 1ach) (notperd for th
	e qd nineualiseternths)uarannanmoBasic
	(a)(b)Diuted	.7252	66.61	.8463	.5981	.63232	285.99
*		5272	6661	63.84	81.59	.63232	.99285
	Fully atlribbletothef the Cutars onyowneompa
	Notes:
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	Particularsdd3 mths3 mths3 md9 md9 mdeddedethsdethsdeths12s eonenendenthndononenenononenmo
		31Debe0r 202cem	3020Septemb20er	31Demb1920ceer	3120Demb20ceer	31Demb1920ceer	rch310Ma202

rsParticula	3 mthsddeonen	d3 mthsdeonen	3 mthsddeonen	9 mthsddeonen	9 mdthsdeonen	ed12s endnthmo
	31Debe0r 202cem	3020Septemb20er	3119Demb20ceer	3120Demb20erce	31Demb2019ceer	rch312020Ma
	(Uudited)na	(Uudited)na	(Uudited)na	(Undited)au	(Uudited)na	(Audited!
m oa)Reuefroationsvenper	468.378.3	264,783.1	69,408.78	165,113.02	213,766.37	276,487.73
re tb)Profit befoax	7,133.87	9,626.01	.889,080	911,342.6	633,653.1	132,040.3
c)Profit after tax	5,267.51	7,085.29	.846.774	.418.361	624.479.8	21,897.25
ived) Tl corehinceotampensom	5.173.96	.746,991	176.771.	768.080	24.84468	21.523 02

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

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

3MAD
INDILIMITEGDURS CREEC
RE	OFFICE:48-51,ELted	TRONICITY, HOSise	ROAD, BANGALOetsd L	560 100
	CoolidaSensgmen	ReRet-wvenue,	lts, Aiabsussan	ilities
	d	ed
Particulars	3 mthsdeonen3120	3 ms ethndon30	ed3 ms ethndon	ed9 ms ethndon	9 mdthsdeonen	dYedearen
	Demb20ceeriteud	Semb2020pteer	31Demb2019ceer	3120Demb20ceer	3119Demb20ceer	rch3120Ma20
	(Ud)na	ite(Uudd)na	ite(Uudd)na	(Uudited)na	(Uudited)na	(Audited)
eSe
t regmenvenuy &Safet
(a)Indtrialusn&Tratiorta	328,116.56	629,006.34	028,459.7	670,372.0	387,790.0	.35112,621
(b)Eleicsctrnspoon	27,103.4	22,222.6	525,268.8	857,727.8	178,257.6	.80103,091
(c)Health Care	.809,287	.948,256	512,087.8	525,245.1	538,216.0	348,574.7
(d)Consumer	.678,800	.968,485	.218,033	522,192.8	625,152.5	231,966.1
(e)Othersm	0835.6	.581,028	7687.9	2,224.54	.621,923	2,401.09
Ree ftionsrovenuopera	674,144.0	869,000.4	74,537.58	1762.487,7	231,3.8739	298,655.09
Se
t reltsgmensu
y &(a)SafetIndtrialus	.713,786	.786,088	.173,826	.097,686	314,261.3	17,673.15
n &(b)TratioEleicsrtactrnspoon	.741,082	.061,349	.871,209	(1,834.27)	.476,553	6,785.35
(c)h CareHealt	.531,317	1558.3	.221,355	.951,918	.186,204	.387,416
(d)Consumer	.481,107	.701,215	.021,744	.162,313	.755,549	.826,642
(e)Others	2296.6	6468.4	9174.7	3845.5	2421.6	3515.5
Total	.087,591	.319,680	8,310.07	10,929.46	32,990.35	339,033.2
e cLe: Finatsncssos	.2586	.9045	3112.4	215.19	276.42	1366.2
Add:Unallableeincocom	5568.8	2579.8	1,442.90	1,789.54	.613,345	.564,589
mTotalfit/ (ls)beforetaxnsfroOptioosproera	.688,073	310,214.2	9,640.54	12,503.81	436,059.5	843,256.5
Seetst agmenss
y &(a)SafetIndtrialus	840,162.3	839,769.0	047,791.4	840,162.3	047,791.4	544,675.3
n &(b)TratiortaEleicsctrnspoon	039,429.3	236,003.6	145,280.3	039,429.3	145,280.3	448,948.4
Health Care(c)	114,638.0	714,733.9	120,006.9	114,638.0	120,006.9	418,464.0
(d)Consumer	9,683.26	10,070.99	811,246.0	.269,683	811,246.0	511,377.1
d(e)Unallateoc	137,113.43	133,551.24	.17104,837	.43137,113	.17104.837	.62113,670
etsTotalt asegmenss	241,026.38	234,128.90	.87229,161	.38241,026	.87229,161	.60237,135
Set liabilitiesgmen
y &(a)SafetIndtrialus	9,554.712	.139,905	911,226.0	912,554.7	911,226.0	511,651.6
n &(b)TratiortaEleicsctrnspoon	510,939.5	.237,083	411,420.2	510,939.5	411,420.2	712,698.3
(c)Health Care	.994,225	.243,707	.315,496	.994,225	.315,496	.924,750
(d)Consumer	.622,551	.031,666	.361,960	.622,551	.361,960	.092,186
d(e)Unallateoc	726,786.3	233,634.6	929,576.0	726,786.3	929,576.0	030,761.3
Totalt liabilitiessegmen	257,058.3	555,996.2	959,679.0	57,058.32	59,679.09	62,048.33

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.

Place: Bengaluru Date: 10 February 2021

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

3MIADINDLIMITE/inCIN:L31300KA1987PLC013543, Website:w.3wwm.comgdru -100-51, ElecnicsReOffice: 48troCity, HRoad, Balu560osurengndtedthee aanded31StaFinialltsthee mhs0Extt ofndalonColidaReforninendDeberartont202racnsoancsuquercem
	re dse(Rs. inshaless otherwiLakhs,atastaept, unexcpereStandalonCotedlida					ted)
Particulars	3 mhsedontend31Deber0202cem(Unaudited)	ed9 mhsendont310Deber202cem(Unaudited)	d12s enthndemorch310Ma202(Audited)	3ds enthndemo310Deber202cem(Unaudited)	nso9 medhsendont310Deber202cem(Undited)au	d12s enthndemorch310Ma202(Audited)
mg omerations(includintheTotal ifror ine)opencocom	69,.78027	7167,076.9	5280,646.0	.9174,712	21792.0,55	5303.244.6
t for theiodefore tNet Profi( bExcional andExtrdinitemept/ orarys)perax.rao	7,133.87	11,342.69	132,040.3	88,073.6	112,503.8	256.5843,
iodeorendNet Profit for thbeftax( afExcional a/ or Eordinary is)tereptxtratemper	877,133.	.6911,342	132,040.3	688,073.	.8150312,	.5843,256
iodNerofit for theaftext Pr taper	5,267.51	418.361.	.2521,897	715,938.	699.190.	232,216.9
e ine foeiodTotal chensivr th[Congheiod(aftax)risiProfit fertor tomprecomperpermpandhensive ine(aft]othax)er ter comprecom	5,173.96	68,080.7	221,523.0	15,835.4	98,880.7	031,803.7
apitalEquiy share ct	1,126.51	1,126.51	11,126.5	11,126.5	,126.511	11,126.5
ngn reReves( excludialuatiovesIndAS)asserrevserper			4206,349.5			6173,960.7
re(inRs(ofRsEarningssha.). 10/- each)per
(in.)a) BasicRs	7546.	74.22	.38194	7252.	5981.	.99285
ed(inb) DilutRs.)	7546.	74.22	.38194	7252.	5981.	.99285

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 10 February 2021.

2. The above is an extract of the detailed format for the unaudited financial results for the quarter ended 31 December 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 31 December 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 (https://www.3mindia.in/3M/en\_IN/company-in/about-3m/financial-facts-local/).

3. 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.

Place: Bengaluru

For 3M IndiaLimited Managing Director

By Order of the Board

24,Vittal Mallya Road, Bangalore - 560 001 Phone: 080-30614366 Fax: 080-22231450 Website:www.3m.com/in

3M E-Mail: investorhelpdesk.in@mmm.com

Annexurel

A brief profile of Ms. Radhika Govind Rajan (DIN: 00499485):

Ms. Radhika Govind Rajan, heads DSP Investments, the umbrella company of the Kothari Family Office, in Mumbai, India. The Kothari portfolio comprises of Indian securities, fixed-income, corporate paper and loans, and some angel and private equity investments. Previously, Ms. Radhika Govind Rajan was President of TCG Advisory of the TCG Group, New York. In this capacity, Ms. Radhika Govind Rajan conceived, set up, structured, and managed the operations of TCGfs offshore Indian Equities Funds for 7 years. Prior to joining the Fund in 2003,she advised TCG and several other private equity groups on various companies and proposed investments in the US- India corridor. Ms. Radhika Govind Rajan is a US citizen and long-term resident of New York who relocated to India a few years earlier. She has focused on India as an investment destination since 1999, when she became New York based Executive Vice-President of Mphasis. Prior to Mphasis, Ms. Radhika Govind Rajan worked as a Global Macro Proprietary Trader at Chemical Bank (now JPMorgan)) Itochu, UBS, Bank of America, and Bank of Montreal where she created and managed several profitable trading structures. As a global macro trader, she traded and took proprietary positions in a range of currencies, cash, and options and in interest rate and commodity futures and derivatives.

Ms. Radhika Govind Rajan holds an MBA degree from the Indian Institute of Management Ahmedabad and a MSc (Physics) degree from Indian Institute of Technology, Mumbai. She was a National Science Talent Scholar through her Masters 'degree. Ms. Radhika Govind Rajan is an invited author of "The Global Internet Economy," a book published by MIT Press in 2003. She is a charter member of TIE, the global Entrepreneurs organization and served as an Executive Board Member of TIE Tristate for over 5 years. TIE, a global association of entrepreneurs active in accelerating the globalization of Indian business.

Information Pertaining to Directors seeking re-appointment as mentioned under Regulation 36(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and applicable Secretarial Standards:

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