Linde India Q3FY26 Results: Profit Jumps 68% YoY to ₹1,915.90 Million, Appoints New CFO
Linde India Limited announced strong Q3FY26 financial results with standalone net profit jumping 68.10% year-on-year to ₹1,915.90 million, while revenue from operations increased 15.70% to ₹7,010.34 million. The Board approved the appointment of Mr. Ajay Kumar Sah as Interim Chief Financial Officer effective February 16, 2026, replacing Mr. Neeraj Kumar Jumrani.

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Linde India Limited delivered robust financial performance in Q3FY26, reporting significant growth across key metrics while announcing leadership changes in its finance function. The Board of Directors approved these quarterly results at their meeting held on 9th February 2026.
Strong Financial Performance in Q3FY26
The company's standalone financial results for the third quarter ended 31st December 2025 demonstrated exceptional growth momentum. Net profit surged 68.10% year-on-year to ₹1,915.90 million compared to ₹1,139.88 million in the corresponding quarter of the previous year.
| Metric: | Q3FY26 | Q3FY25 | Growth (%) |
|---|---|---|---|
| Revenue from Operations: | ₹7,010.34 million | ₹6,058.57 million | +15.70% |
| Net Profit: | ₹1,915.90 million | ₹1,139.88 million | +68.10% |
| Earnings Per Share: | ₹22.46 | ₹13.37 | +68.00% |
| Profit Before Tax: | ₹2,431.00 million | ₹1,546.57 million | +57.20% |
Nine-Month Performance Shows Sustained Growth
For the nine months ended 31st December 2025, Linde India maintained its strong performance trajectory. Standalone profit increased 41.20% to ₹4,656.78 million from ₹3,299.11 million in the corresponding period of FY25. Revenue from operations reached ₹19,163.07 million compared to ₹18,935.01 million, representing a modest 1.20% increase.
Segment-wise Business Performance
The company operates through two primary business segments, both contributing to the overall growth:
| Segment: | Q3FY26 Revenue | Q3FY25 Revenue | Growth (%) |
|---|---|---|---|
| Gases, Related Products & Services: | ₹5,443.00 million | ₹5,084.55 million | +7.00% |
| Project Engineering: | ₹2,782.42 million | ₹2,629.62 million | +5.80% |
The gases segment generated segment results of ₹1,653.73 million in Q3FY26 compared to ₹1,275.17 million in Q3FY25, while project engineering contributed ₹549.76 million versus ₹362.30 million in the previous year.
Leadership Transition in Finance Function
The Board of Directors approved the appointment of Mr. Ajay Kumar Sah as Interim Chief Financial Officer effective 16th February 2026. This follows the resignation of Mr. Neeraj Kumar Jumrani, who will step down as CFO at the close of business on 15th February 2026.
| Position Details: | Information |
|---|---|
| Name: | Mr. Ajay Kumar Sah |
| Age: | 48 years |
| Qualifications: | B.Com. (Hons.), Chartered Financial Analyst, Company Secretary |
| Experience: | 25 years in finance roles across Asia and Africa |
| Previous Role: | Head of Finance for ASEAN & South Asia |
Mr. Sah brings extensive experience within the Linde Group, having first joined Linde India in 2006. His career spans diverse finance roles across multiple geographies including India, Singapore, Malaysia, Indonesia, and South Africa.
Consolidated Results Reflect Joint Venture Contributions
The consolidated financial results showed similar positive trends, with net profit reaching ₹1,933.25 million in Q3FY26 compared to ₹1,163.20 million in Q3FY25. The consolidated results include contributions from joint ventures Linde South Asia Services Private Limited and Bellary Oxygen Company Private Limited, with share of profit from joint ventures contributing ₹507.55 million in the quarter.
Source:
Historical Stock Returns for Linde
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.79% | +4.75% | +5.74% | -2.65% | +0.09% | +517.67% |


































