3M India Ltd has announced a significant dividend recommendation for its shareholders, proposing a total payout of Rs 506 per equity share of face value Rs 10 each for the financial year 2025-26. This substantial sum includes a final dividend of Rs 160 and a special dividend of Rs 346 per share, pending approval from shareholders at the upcoming 39th Annual General Meeting (AGM) scheduled for August 2026.
Eligibility and Payment Details
The company's Board of Directors has set July 17, 2026 (Friday) as the crucial record date. Shareholders whose names appear in the company's records on this date will be eligible to receive the dividend. If approved at the AGM, the dividend is slated to be paid or dispatched to eligible shareholders within 30 days from the date of the meeting.
Strong Q4 FY26 Performance
This dividend recommendation follows a robust financial performance by 3M India in the March 2026 quarter (Q4 FY26). The company reported a significant surge in its net profit, which climbed 201.7 per cent year-on-year (YoY) to Rs 215 crore, up from Rs 71 crore in the corresponding period last year.
- Revenue from Operations: Increased by 16.8 per cent YoY to Rs 1,399 crore.
- EBITDA: Grew by 12.2 per cent to Rs 269 crore.
Segmental Growth and Market Reaction
Commenting on the company's strong performance, Aseem Joshi, Managing Director of 3M India, highlighted growth across all business segments. "For the quarter, Healthcare grew 21.3 per cent, Safety & Industrial grew 19.5 per cent, Consumer grew 15.7 per cent, Transportation & Electronics grew 12.6 per cent versus prior year," Joshi stated. He further added that for the full financial year 2025-26, all business segments achieved double-digit growth, with the Healthcare business leading the company's overall expansion.
Following the announcement, shares of 3M India closed 3.07 per cent higher at Rs 33,232.95 on Friday, reflecting investor confidence in the company's financial health and shareholder returns.