3M India announced a mega dividend of Rs 695 per equity share for the fourth quarter of fiscal 2024-25, comprising a final dividend of Rs 160 per share and a special dividend of Rs 535 per share.
The company disclosed that it will distribute Rs 782 crore to shareholders in the fourth quarter of the current fiscal year.
3M's standalone net profit decreased by 59% year-on-year to Rs 71.37 crore in the three months ending March 31, 2025.
Despite a 7.46% initial drop in its shares, 3M India's stock price recovered to trade 1.06% higher at Rs 29,860 apiece on the NSE.