Linde India Ltd posts standalone net profit of Rs5.25cr in Q2CY18 vs. net loss of Rs2.18cr in Q2CY17

The company’s standalone revenue stood at Rs549.60cr, up 11.54% yoy

Jul 23, 2018 03:07 IST India Infoline Research Team

Linde India Ltd Q2CY18

Standalone Results Q2CY18: (Rs. in cr)

Q2CY18 YoY (%)
Revenue 549.60 11.5
EBITDA 85.39 7.7
EBITDA Margin (%) 15.5 [56]
Net Profit 5.25 -
***EBITDA margin change is bps


Linde India Ltd's revenue (Net of excise) grew by 11.5% yoy to Rs549.6cr against Rs492.7cr in Q2CY17. EBITDA grew by 7.7% yoy to Rs85.4cr as against Rs79.3cr. EBIDTA margin declined by 56bps yoy to 15.5%. Net Profit stood at Rs5.2cr against loss of Rs2.2cr last year.

• Gases and related products segment revenue declined by 1.4% yoy to Rs455.4cr.
• Project Engineering segment revenue grew by 29.2% yoy to Rs99.8cr.
• Finance cost declined by 13.5% yoy to Rs26cr.



Technical View:

Linde India Ltd is currently trading at Rs. 440.10, up by 3.1 points or 0.71% from its previous closing of Rs. 437 on the BSE.
The scrip opened at Rs. 435.60 and has touched a high and low of Rs. 455 and Rs. 435.60 respectively. So far 11,554 (NSE+BSE) shares were traded on the counter. The stock is currently trading below its 200 DMA.

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