Higher depreciation charge hits Birla 3M's bottomline. - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  
  • Home
  • Outlook Arena
  • Mar 25, 2000 - Higher depreciation charge hits Birla 3M's bottomline.

Higher depreciation charge hits Birla 3M's bottomline.

Mar 25, 2000

Birla 3M's profitability has been hit primarily due to the change in the depreciation norms by the company itself charged to the profit and loss account is higher by Rs.46.7 mn, which includes Rs 38.3 mn for the previous year. If one were to adjust for this the Net Profits has grown by more than 5 times in the latest quarter as compared to the corresponding quarter of last year.

(Rs m) FY1999 FY2000 Change
Sales 339 405 19.4%
Other Income 0 4 1790.0%
Expenditure 307 357 16.3%
Operating Profit (EBDIT) 32 48 49.1%
Operating Profit Margin (%) 10% 12%  
Interest 12 6 -50.9%
Depreciation 7 15 105.4%
Profit before Tax 9 14 54.5%
Other Adjustments - 38  
Tax 5 17 281.4%
Profit after Tax/(Loss) 9 (25) -378.6%
Net profit margin (%) 2.6% -6.1%  

Equitymaster requests your view! Post a comment on "Higher depreciation charge hits Birla 3M's bottomline.". Click here!

  

More Views on News

3M INDIA Announces Quarterly Results (1QFY22); Net Profit Up 170.8% (Quarterly Result Update)

Aug 16, 2021 | Updated on Aug 16, 2021

For the quarter ended June 2021, 3M INDIA has posted a net profit of Rs 301 m (up 170.8% YoY). Sales on the other hand came in at Rs 7 bn (up 114.9% YoY). Read on for a complete analysis of 3M INDIA's quarterly results.

3M INDIA 2020-21 Annual Report Analysis (Annual Result Update)

Aug 9, 2021 | Updated on Aug 9, 2021

Here's an analysis of the annual report of 3M INDIA for 2020-21. It includes a full income statement, balance sheet and cash flow analysis of 3M INDIA. Also includes updates on the valuation of 3M INDIA.

3M INDIA Announces Quarterly Results (4QFY21); Net Profit Up 17.2% (Quarterly Result Update)

Jul 8, 2021 | Updated on Jul 8, 2021

For the quarter ended March 2021, 3M INDIA has posted a net profit of Rs 705 m (up 17.2% YoY). Sales on the other hand came in at Rs 8 bn (up 22.9% YoY). Read on for a complete analysis of 3M INDIA's quarterly results.

Adani Wilmar IPO to Hit the Market Soon. Should you Apply? (Views On News)

Nov 29, 2021

The parent company of the brand Fortune is set to raise Rs 45 bn from the market.

What Happens if ITC Hives off ITC Infotech? (Views On News)

Nov 20, 2021

The cigarette to hotel conglomerate is reportedly mulling the demerger of its software business at a valuation of around Rs 250 bn.

More Views on News

Most Popular

Infosys vs TCS: Which is Better? (Views On News)

Nov 26, 2021

In the post pandemic era, the top two IT companies in India are fighting to capture the growing demand for IT.

This Multibagger Stock Zooms 20% After Dolly Khanna Buys Stake (Views On News)

Nov 24, 2021

Shares of this edible oil company zoomed over 50% in three days after ace investor bought around 1% stake.

6 Popular Stocks that Turned into Penny Stocks (Views On News)

Nov 27, 2021

A look at popular stocks that crashed big time and never recovered, i.e. which went from 'Multibaggers to Multibeggers'.

MobiKwik IPO Opens for Subscription Soon. Key Things to Know Before Subscribing. (Views On News)

Nov 20, 2021

The Rs 19 bn issue is set to hit the market soon.

5 Indian Companies Embracing Blockchain Technology (Views On News)

Nov 23, 2021

Blockchain adoption in India was slow in the past. Now, the technology is being well received.

More

Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2022
Get our special report Multibagger Stocks Guide (2022 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

3M INDIA SHARE PRICE


Dec 3, 2021 (Close)

TRACK 3M INDIA

  • Track your investment in 3M INDIA with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

3M INDIA - CENTURY TEXTILES COMPARISON

COMPARE 3M INDIA WITH

MARKET STATS