3M India is back-on-track in its growth journey with YoY revenue and PAT growth of 20.2% and 87%, respectively. It has reported 4th successive quarter with EBITDA growth of 33%+ YoY after reporting 32% growth in FY22 over FY21. With recovery in key customer industries such as Industrials, automotive, infrastructure and construction, we remain confident that 3M India is on track to report revenue CAGR of 16.6% over FY23-25.