Linde India (523457) Q1 24/25 earnings summary

Executive summary

• Unaudited standalone and consolidated financial results for the quarter ended 30 June 2024 were approved and published, with a limited review conducted by statutory auditors.

Financial highlights

• Standalone revenue from operations for Q1 FY25 was ₹6,532.29 million, down from ₹7,210.05 million in Q1 FY24 and up from ₹6,300.68 million in Q4 FY24.

• Standalone profit after tax for Q1 FY25 was ₹1,115.37 million, compared to ₹981.42 million in Q1 FY24 and ₹1,043.34 million in Q4 FY24.

• Consolidated profit after tax for Q1 FY25 was ₹1,136.89 million, up from ₹998.79 million in Q1 FY24 and ₹1,054.11 million in Q4 FY24.

• Basic and diluted EPS (consolidated) for Q1 FY25 was ₹13.33, compared to ₹11.71 in Q1 FY24.

Outlook and guidance

• Management continues to monitor regulatory and business risks, with uncertainties around the outcomes of ongoing legal and regulatory proceedings.