Please find enclosed our letter no. Sect/44 dated 30 May 2026 enclosing therewith the Audited Standalone and Consolidated Financial Results for the financial year ended 31 March 2026. You ....
LINDEINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Linde India reported FY26 standalone revenue of Rs 25,306.40 million (up 1.8% from Rs 24,853.76 million in FY25) and consolidated PAT of Rs 5,489.65 million (up 20.7% from Rs 4,548.45 million). The auditors issued a Qualified Opinion on both standalone and consolidated results due to uncertainty around related party transactions with Praxair India Private Limited and the materiality threshold calculation, which is under appeal to the Supreme Court. An Emphasis of Matter was also raised regarding SEBI's directions on business allocation between the company and Praxair. The Board recommended a total dividend of 120% (Rs 12 per share including special dividend of Rs 8 per share). Expenses for the year include Rs 900 million reversal of related liabilities.
The Qualified Opinion and ongoing SEBI regulatory proceedings create uncertainty around the company's related party transaction disclosures. However, strong PAT growth of over 20% and the special dividend signal positive underlying performance.