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 28, 2000 - Higher depreciation charge hits Birla 3M's bottomline.

Higher depreciation charge hits Birla 3M's bottomline.

Mar 28, 2000

Birla 3M's profitability has been hit primarily due to the change in the depreciation norms by the company itself.The depreciation 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 14 30 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 (3QFY21); Net Profit Down 17.4% (Quarterly Result Update)

Feb 11, 2021 | Updated on Feb 11, 2021

For the quarter ended December 2020, 3M INDIA has posted a net profit of Rs 594 m (down 17.4% YoY). Sales on the other hand came in at Rs 7 bn (down 0.5% YoY). Read on for a complete analysis of 3M INDIA's quarterly results.

3M INDIA Announces Quarterly Results (1QFY21); Net Profit Down 147.2% (Quarterly Result Update)

Sep 14, 2020 | Updated on Sep 14, 2020

For the quarter ended June 2020, 3M INDIA has posted a net profit of Rs 425 m (down 147.2% YoY). Sales on the other hand came in at Rs 3 bn (down 57.0% YoY). Read on for a complete analysis of 3M INDIA's quarterly results.

Bata India Rises 6% Despite Fall in Net Profit (Views On News)

Jun 10, 2021

Here's why shares of the company rose even as profits declined 23.3%.

ITC Shares Fall as Company Reports a Decline in Net Profit (Views On News)

Jun 2, 2021

The company's results show that it is yet to recover from the economic slowdown.

TTK Prestige Delivers Best Ever Quarterly Results. Stock Hits New High (Views On News)

May 26, 2021

TTK Prestige reported stellar operating performance led by renewed demand.

More Views on News

Most Popular

Hotel Stocks Will Reward Investors (Fast Profits Daily)

Jun 8, 2021

This is why I'm bullish on the hotel and hospitality sector.

Don't Break These 5 Intraday Trading Rules (Fast Profits Daily)

Jun 1, 2021

To become a better intraday trader, follow these rules religiously.

Is the RBI's 'Bubble Talk' Signalling a Market Crash? (Profit Hunter)

May 31, 2021

Is the Indian central bank correct in warning you about a market crash?

Rs 2 Trillion Stimulus Coming to a Stock Market Near You (Profit Hunter)

Jun 2, 2021

Get ready to profit from a massive stimulus that you've never seen before.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

3M INDIA SHARE PRICE


Jun 11, 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

COMPARE 3M INDIA WITH

MARKET STATS