Linde India Ltd., a prominent player in the Industrial Gases & Fuels sector, recently announced its financial results for the quarter ending December 31, 2023. The company's performance reflects stability with slight fluctuations observed in key financial metrics.
Sales Performance:
Linde India reported sales of ?706 crore for Q3 FY24, with a marginal decrease of approximately 0.71% compared to the previous quarter. However, compared to the same period last year (Q3 FY23), the company witnessed a slight increase of approximately 1.44% in sales.
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization):
The company's EBITDA stood at ?186 crore in Q3 FY24, marking a minor decrease of approximately 6.45% compared to the previous quarter. However, in comparison to Q3 FY23, Linde India exhibited a decline of approximately 13.10% in EBITDA.
PAT (Profit After Tax):
Linde India's PAT for Q3 FY24 was reported at ?117 crore, showing a slight decrease of approximately 8.55% compared to the previous quarter. However, in comparison to Q3 FY23, the company experienced stability in PAT.
Linde India Ltd. demonstrated stability in its financial performance, with minor fluctuations observed in sales, EBITDA, and PAT. Despite facing challenges, the company maintained resilience, underscoring its position in the Industrial Gases & Fuels sector.
Shares of Linde India Limited was last trading in BSE at Rs. 5719.80 as compared to the previous close of Rs. 5557.75. The total number of shares traded during the day was 2898 in over 652 trades.
The stock hit an intraday high of Rs. 5729.15 and intraday low of 5558.60. The net turnover during the day was Rs. 16423258.00. |
