Q3 Results: Welspun Living's Profit Vanishes, 3M India Swings to Loss

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CNBC Awaaz•12-02-2026, 15:05
Q3 Results: Welspun Living's Profit Vanishes, 3M India Swings to Loss
- •Welspun Living's net profit plummeted from Rs 120.8 crore to Rs 0.2 crore, with revenue down 9.1%.
- •3M India reported a net loss of Rs 62 crore, a sharp decline from Rs 113.7 crore profit last year.
- •Despite the loss, 3M India's revenue grew 12.7% to Rs 1,228 crore, and EBITDA increased by 49.7%.
- •Welspun Living's management expressed confidence in future growth, leading to a 2% stock rise.
- •3M India's stock experienced fluctuations, closing down one-third percent after results.
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