Linde India Limited reported a net profit of ₹5,508.74 million for the financial year ended March 31, 2026, an increase from ₹4,478.13 million in the previous year. Revenue from operations for the period stood at ₹25,306.40 million, compared to ₹24,853.76 million in FY25. The company’s Board of Directors approved the audited standalone and consolidated financial results for the year on May 30, 2026.

Financial Performance

The company’s total income for FY26 was ₹25,979.00 million, up from ₹25,532.15 million in the prior year. Total expenses for the year decreased to ₹18,708.90 million from ₹19,467.43 million in FY25. Earnings per share (EPS) for the year increased to ₹64.59 from ₹52.51 in the previous year.

Segment Performance

The Gases, related products & services segment reported revenue of ₹21,281.84 million for the year, while the Project Engineering segment recorded revenue of ₹9,806.14 million. The total segment profit before interest and tax was ₹7,606.99 million for FY26.

Dividend Declaration

The Board of Directors has recommended a total dividend of 120%, which includes a special dividend of 80%. This translates to ₹12 per equity share on 85,284,223 fully paid-up equity shares of ₹10 each for the year ended March 31, 2026.

Audit Qualifications

Statutory auditors Price Waterhouse & Co Chartered Accountants LLP issued a report with a modified opinion regarding the assessment of related party transactions. The qualification references ongoing regulatory and legal proceedings concerning the materiality threshold for transactions with related parties, including Praxair India Private Limited. The management stated that the probable consequences on the financial results are not presently determinable due to the sub-judice nature of the matter.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE473A01011/90cf5d587c964168.pdf

Linde India has commenced commercial production at a 1,450 tonnes per day Air Separation Unit located at Jindal Stainless Ltd.'s works at Kalinganagar, significantly expanding its industrial gas supply capabilities. The facility is designed to supply 1,450 tonnes per day of Oxygen, 1,800 tonnes per day of Nitrogen, and 64 tonnes per day of Argon to Jindal Stainless, while also retaining additional capacity to cater to demand in the merchant market.

Key Operational Details

The newly operational facility is an Air Separation Unit positioned within Jindal Stainless' integrated steel complex at Kalinganagar. Air Separation Units of this scale are critical industrial installations that produce gases essential for steel manufacturing and other industrial processes. The unit's capacity to supply specific volumes of Oxygen, Nitrogen, and Argon underscores its role in supporting large-scale industrial operations.

The following table summarises the key details of this development:

Significance of the Development

The commencement of commercial production at this facility represents a meaningful addition to Linde India's operational portfolio. The specific gas capacities position this unit among large-scale industrial gas installations, catering to the substantial requirements of Jindal Stainless' Kalinganagar operations. This development highlights Linde India's continued engagement in building and operating on-site gas supply infrastructure for major industrial customers in India.