Linde India (523457) Q1 25/26 earnings summary

Executive summary

• Unaudited standalone and consolidated financial results for the quarter ended 30 June 2025 were approved and reviewed by the Board and Audit Committee, with limited review by statutory auditors.

• Revenue from operations for the quarter was ₹5,710.80 million, with total income at ₹5,754.18 million.

• Profit before tax stood at ₹1,422.19 million, and net profit was ₹1,050.73 million for the quarter.

• The company continues to face regulatory scrutiny regarding related party transactions and business allocation agreements.

Financial highlights

• Standalone revenue from operations for Q1 FY26 was ₹5,710.80 million, down from ₹6,532.29 million in Q1 FY25.

• Standalone net profit for the quarter was ₹1,050.73 million, compared to ₹1,115.37 million in the same quarter last year.

• Consolidated net profit for the quarter was ₹1,071.90 million, with EPS at ₹12.57.

• Total expenses for the quarter were ₹4,331.99 million.

Outlook and guidance

• Management continues to monitor regulatory and legal proceedings, with uncertainties around their ultimate outcomes and potential financial impact.