The contract involves installation of 1000 tonnes per day cryogenic oxygen plant on construct, operate and maintain (COM) basis for a period of 20 years from the date of commissioning of the plant and ancillary facilities with provision of renewal for a further period of 5 years on mutual agreement basis.

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.

On consolidated net profit declined 41.9% to Rs 99.88 crore in Q1 FY24 as compared with Rs 171.88 crore in Q1 FY23. Net sales jumped 22.6% year on year to Rs 721.01 crore in Q1 FY24 over Q1 FY23.

The scrip had added 2.10% to end at Rs 5916.40 on the BSE on Friday.