Linde India shares rallied more than 5% in morning trade on the back of a robust set of Q3 consolidated results, reflecting strong operational performance and healthy margin expansion. The stock was trading higher around 9:38 AM IST as investors reacted positively to sharp growth across revenue, profitability and margins.
For the quarter, Linde India reported consolidated revenue of ₹701.03 crore, marking a solid 15.7% year-on-year increase compared with ₹605.86 crore in the same period last year. The revenue growth was supported by steady demand across industrial and healthcare gases, along with improved pricing and higher operating efficiencies.
Operating performance remained particularly strong, with EBITDA rising 33.67% year-on-year to ₹256.86 crore from ₹192.15 crore. This sharp improvement translated into a significant margin expansion, as EBITDA margin increased by 492 basis points to 36.64% versus 31.71% a year ago, highlighting better cost control and operating leverage.
Net profit for the quarter surged 66.2% year-on-year to ₹193.33 crore, compared with ₹116.32 crore in the corresponding quarter last year.
On the stock performance front, Linde India opened at ₹6,575 and moved between an intraday low of ₹6,385 and a high of ₹6,625. The stock gained sharply from its previous close of ₹6,292.50. Over the past year, the shares have traded in a range of ₹5,242.40 to ₹7,870.00.
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