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The company's PAT in the same period last year was Rs 63.85 crore.
Net sales rose by 18% YoY to Rs 630.24 crore during the period under review. Revenue from Gases was Rs 488.72 crore (up 22.6% YoY) while project engineering revenue came in at Rs 189.36 crore (up 33.3% YoY).
Profit before tax for Jan-March 2023 quarter was Rs 140.48 crore, up by 42.1% from Rs 98.84 crore recorded in the corresponding period last fiscal.
The board of directors of the company has approved the proposal to pay dividends at Rs 12 per share including a special dividend of Rs 7.50 per share for the 15-month period of January 2022-March 2023.
Linde India is a 75% subsidiary of The BOC Group Ltd, UK (wholly owned subsidiary of Linde AG and part of the Linde group), is one of the largest players in the domestic gases business. The Linde group is the world's leading supplier of industrial, process, and specialty gases, with operations across 100 countries.
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