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via thehindubusinessline.comBusiness & Companies

3M India Q2 profit down 17% at ₹158.4 crore on rupee slide, rising input costs

FROM THE WIRE · THEHINDUBUSINESSLINE.COM

3M India Q2 PAT falls 17%, rupee slide and input costs weigh, but all segments post revenue growth across four divisions.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishProfit decline at an Indian subsidiary, driven by rupee weakness and higher input costs.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 013M India's Q2 net profit fell 17%.
  2. 02The rupee's slide and higher input costs weighed on results.
  3. 03All four divisions still posted revenue growth.

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