Linde India's Q3 Profit Soars 66% on Strong Demand, Cost Efficiency

• Linde India reported a 66.2% year-on-year surge in net profit to ₹193.3 crore for Q3.
• Revenue from operations increased by 15.7% to ₹701.0 crore, driven by steady demand in industrial and medical gases.
• EBITDA rose 33.7% to ₹257.3 crore, with margins expanding to 36.7% due to better operating leverage and cost efficiencies.
• Total expenses were ₹511.4 crore, with a notable reduction from changes in inventories aiding profitability.
• Neeraj Kumar Jumrani resigned as CFO, effective February 15; shares closed 3.5% higher.