3M India Ltd announced a hefty shareholder payout after reporting strong fourth-quarter earnings for FY26 on Friday, with the board recommending a total dividend of ₹506 per equity share comprising a final dividend of ₹160 and a special dividend of ₹346 per share.
The company has fixed July 17, 2026 as the record date to determine shareholder eligibility for the dividend payout. Subject to shareholder approval at the upcoming annual general meeting scheduled for August 2026, the dividend will be paid within 30 days of the AGM.
Following the announcement, shares of 3M India gained sharply on the NSE, rising as much as 2.9% to ₹34,545 intraday before trading at ₹33,120 later in the session.
The company reported a sharp rise in profitability during the March quarter, with net profit surging to ₹215 crore from ₹71.4 crore in the corresponding period last year. The earnings performance was also aided by a one-time gain of ₹40 crore during the quarter, compared with nil exceptional gains a year ago.
Revenue from operations rose 17% year-on-year to ₹1,399.2 crore, while EBITDA increased 13.7% to ₹258 crore. EBITDA margin, however, moderated marginally to 18.4% from 18.9% a year earlier.
Managing Director Aseem Joshi said the company delivered strong broad-based growth across all segments, led by the healthcare business. During the quarter, Healthcare grew 21.3%, Safety & Industrial rose 19.5%, Consumer increased 15.7%, while Transportation & Electronics expanded 12.6%.
For the full financial year FY26, 3M India reported 14.5% sales growth, with all business verticals posting double-digit growth amid sustained customer demand and operational execution.
3M India operates across healthcare, industrial safety, consumer products, transportation and electronics solutions, serving both industrial and retail customers in India.
