Linde India Ltd's Q3FY25 Quarter Results
- 08 Feb 2025
Result Summary
- Linde India Ltd reported a 3.9% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 14.1%.
- Its expenses for the quarter were down by 7.7% QoQ and 17.7% YoY.
- The net profit increased 9.3% QoQ and decreased 3.1% YoY.
- The earnings per share (EPS) of Linde India Ltd stood at 13.6 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 625.17 | 650.86 | 728.12 | -3.9% | -14.1% |
Total Expenses | 470.51 | 509.52 | 571.82 | -7.7% | -17.7% |
Profit Before Tax | 154.66 | 141.35 | 156.29 | 9.4% | -1.0% |
Tax | 40.67 | 36.96 | 39.14 | 10.0% | 3.9% |
Profit After Tax | 116.32 | 106.42 | 120.07 | 9.3% | -3.1% |
Earnings Per Share | 13.60 | 12.50 | 14.10 | 8.8% | -3.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Linde India Ltd is a prominent player in the industrial gases and engineering sector. The company primarily specializes in manufacturing and supplying various industrial gases, such as oxygen, nitrogen, argon, and hydrogen, which are essential across numerous industries including healthcare, steel production, and chemical processing. Additionally, the company provides engineering services, leveraging its expertise to design and construct facilities for gas production and processing. Linde India Ltd operates within a broader global context as part of the Linde Group, a leading industrial gases and engineering company worldwide. Recent developments in the industry include an increasing focus on sustainability and the expansion of applications for industrial gases in emerging technologies.
Revenue
During the third quarter of FY25, Linde India Ltd reported a total income of ₹625.17 crores, reflecting a decrease of 3.9% from the previous quarter (Q2FY25), where it stood at ₹650.86 crores. Compared to the same quarter in the previous year (Q3FY24), total income decreased by 14.1% from ₹728.12 crores. This year-over-year decline in revenue suggests a reduction in sales or service activities. As a company operating in the industrial gases sector, fluctuations in revenue can be influenced by varying demand across its customer base, which spans multiple industries with distinct cyclical patterns.
Profitability
Linde India Ltd's profitability metrics for Q3FY25 show a profit before tax of ₹154.66 crores, an increase of 9.4% from the ₹141.35 crores reported in Q2FY25. However, when compared to Q3FY24, this figure represents a slight decline of 1.0% from ₹156.29 crores. The profit after tax for Q3FY25 was ₹116.32 crores, a 9.3% increase from the previous quarter but a 3.1% decrease from the corresponding quarter last year. The company's earnings per share (EPS) for Q3FY25 was ₹13.60, up by 8.8% from the prior quarter but down by 3.5% year-over-year. These figures illustrate the company's ability to manage expenses effectively while facing revenue challenges.
Operating Metrics
Linde India Ltd's total expenses for Q3FY25 were ₹470.51 crores, marking a 7.7% decrease from Q2FY25's expenses of ₹509.52 crores. This also represents a year-over-year reduction of 17.7% from ₹571.82 crores in Q3FY24. The reduction in expenses, both quarterly and annually, suggests effective cost management and operational efficiencies. The company's tax expenses increased by 10.0% quarter-over-quarter to ₹40.67 crores in Q3FY25, and by 3.9% year-over-year, indicating changes in profit levels and tax obligations. While the data reflects fluctuations in income and costs, it demonstrates Linde India's operational strategies in response to changing market conditions within its industry.
