Linde India (523457) Q2 24/25 earnings summary

Executive summary

• Unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2024 were approved and reviewed by the Board and auditors.

• Financials reflect continued operations in gases, related products, and project engineering segments.

Financial highlights

• Consolidated revenue from operations for Q2 FY25 was ₹6,344.15 million, down from ₹7,113.53 million in Q2 FY24; H1 FY25 revenue was ₹12,876.44 million, down from ₹14,323.58 million year-over-year.

• Consolidated profit before tax for Q2 FY25 was ₹1,433.86 million, nearly flat year-over-year; H1 FY25 profit before tax was ₹2,952.32 million, up from ₹2,772.01 million year-over-year.

• Net profit for Q2 FY25 was ₹1,064.24 million, compared to ₹1,087.26 million in Q2 FY24; H1 FY25 net profit was ₹2,201.13 million, up from ₹2,086.05 million year-over-year.

• Earnings per share (EPS) for Q2 FY25 was ₹12.48, compared to ₹12.75 in Q2 FY24; H1 FY25 EPS was ₹25.81, up from ₹24.46 year-over-year.

Outlook and guidance

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