Linde India adds ~1.5% post Q3 robust numbers

25 Feb 2022 , 01:44 PM

In Friday’s noon trade, Linde India Ltd. was trading 1.43% higher post Q3FY22 results announcement at Rs2,725.75 against its previous closing price of Rs2,687.35. Its scrip touched day’s high and low of Rs2,832.10 and Rs2700 respectively.

The industrial gas supplier reported a 19.42% yoy jump in its PAT at Rs67.83 crore for the quarter ended December 2021 against Rs56.80 crore for the previous corresponding quarter.

The company’s sales increased 35.49% yoy in the quarter under review at Rs644.15 crore against Rs475.43 crore in the December 2020 quarter.

Its Net profit for the period ended December 2021 stood at Rs507.22 crore against Rs151.10 crore in the previous similar period, up by 235.68% yoy.

Sales increased by 43.56% yoy to Rs2,111.96 crore in the year ended December 2021 as against Rs1471.12 crore during the previous year ended December 2020.

The company reported a total income of Rs665.622 crore during the period ended December 31, 2021, as against Rs477.949 crore during the period ended December 31, 2020.

Linde India’s board also recommended a total dividend of Rs13.50 per equity share for the period ended December 2021.