Linde India (523457) Q2 25/26 earnings summary

Executive summary

• Unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2025 were approved by the Board on 6 November 2025.

• Financial statements have been reviewed by Price Waterhouse & Co. Chartered Accountants LLP, with limited review reports provided.

Financial highlights

• Consolidated revenue from operations for Q2 FY26 was ₹6,441.93 million, up from ₹5,710.80 million in Q1 FY26 and ₹6,344.15 million in Q2 FY25.

• Consolidated profit before tax for Q2 FY26 was ₹2,282.78 million, compared to ₹1,443.36 million in Q1 FY26 and ₹1,433.86 million in Q2 FY25.

• Net profit for Q2 FY26 stood at ₹1,710.00 million, up from ₹1,071.90 million in Q1 FY26 and ₹1,064.24 million in Q2 FY25.

• Basic and diluted EPS for Q2 FY26 was ₹20.05, compared to ₹12.57 in Q1 FY26 and ₹12.48 in Q2 FY25.

• Total comprehensive income for Q2 FY26 was ₹1,707.50 million.

Outlook and guidance

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