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Outcome of Board Meeting

Linde India Limited · LINDEINDIA

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Linde India Limited has submitted its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, with revenue from operations at Rs. 7,231.97 crore and profit for the year/period at Rs. 1,149.54 crore.

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Earnings Impact6/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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Linde India Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.

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LINDEINDIA1_03112026165015_Outcome_of_BM_03112026.pdf

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Sect/87 3 November 2026 To, To, The Manager The General Manager Listing Department Department of Corporate Services National Stock Exchange of India Ltd., [NSE NEAPS] BSE Limited, [BSE Listing Centre] Exchange Plaza, 5th Floor, Plot No. C/1, G-Block, New Trading Ring, Rotunda Building, Bandra Kurla Complex, Bandra (E) 1st Floor, P.J. Towers, Dalal Street Mumbai – 400 051 Fort, Mumbai – 400 001 SYMBOL: LINDEINDIA SCRIP CODE: 523457 Dear Sir/Madam, Updates on outcome of Board Meeting held on 3 November 2026 Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors of the Company had at its meeting held on 3 November 2026, approved and taken on record the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and half year ended 30 September 2026. A copy of the ‘Limited Review Report’ issued by Price Waterhouse & Co. Chartered Accountants LLP, Statutory Auditors of the Company together with the Standalone and Consolidated Financial Results of the Company for the quarter and half year ended 30 September 2026 are also enclosed herewith. We are also arranging to upload the aforesaid Financial Results on the Company’s website and publish the extract of the Consolidated Financial Results for the quarter and half year ended 30 September 2026 in newspapers in the format as prescribed under Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting of the Board of Directors of the Company commenced at 2:45 p.m. and concluded at 4:15 p.m. This may please be treated as compliance under Regulation 30 read with Part A Para A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. You are requested to please take the above on record. Thanking you, Yours faithfully, Amit Dhanuka Company Secretary Encl: as above Registered Office Phone +91 33 6602 1600 Linde India Limited Fax +91 33 2401 4206 Oxygen House, P43 Taratala Road, Email customercare.lg.in@linde.com Kolkata 700 088, India. www.linde.in CIN L40200WB1935PLC008184 Linde India limited Regd Office 'Oxygen House' P43 rara1ala Road, Kolkala 700 088, Indra CIN L40200WB I 935PLC008184 Phone •91 33 6602 1600 Fax •91 33 2401 4206 conlact.lg.m@linde.com www.linde.in Statement of Sldllddlo11e Fi11d11tidl Re!>ulb (Rs. Million) Three months Three months Three months Six months Six months Ye.-ir ended ended ended ended ended ended Particulars 30 September 30 June 30 September 30 Seplember 3 o September 31 March 2026 2026 2025 2026 2025 2026 (Unaudited) (Unaudited) (Unaudited\ IUnaudited\ lUnaudited) (Audited) 1. Revenue from operations 7,231.97 6,943.63 6,441.93 14,175.60 12,152.73 25,306.40 2. Other income 68.68 58.96 35.31 127.64 78.69 672.60 3. Total income (1•2) 7,300.65 7,002.59 6,477.24 14,303.24 12,231.42 25,979.00 4. Expenses a) Cost of ma1crials consumed 1,015.45 952.09 685.43 1,967.54 1,045.04 2,579.50 b) Purchase of stock-m·trade 564.75 919.02 754.31 1,483.77 1,592.20 3, 196.24 c) Chanqes in inventories of finished qoods & work·in·proqress 9.24 11.23 71.35 20.47 (9.47) (106.82) d) Employee benclils expense 161.98 145.57 145.76 307.55 256.81 568.73 e) Finance costs 158.14 59.42 31.48 217.56 63.00 144.98 f) Oeprecialion and amortisation expenses 674.51 624.10 564.15 1,298.61 1,124.18 2,348.70 q) Power and fuel 1,283.24 1,297.24 414.68 2,580.48 1,702.47 4, 174.41 h) Other expenses 1,881.54 1,612.73 1,547.18 3,494.27 2,772.10 5,803.16 Total expenses (4) 5,748.85 5,621.40 4,214.34 11,370.25 8,546.33 18,708.90 5. Profit before lax (3·4) 1,551.80 1,381.19 2,262.90 2,932.99 3,685.09 7,270.10 6. T.-ix Expense: a) Cur rcnt ldx 217.17 331.13 624.87 548.30 1,041.30 1,776.83 b) Deferred lax 185.09 19.73 (52.09) 204.82 (97.06) (15.47) 7. Profit for the year/period (5·6) 1,149.54 1,030.33 1,690.12 2,179.87 2,740.85 5,508.74 8. Other Comprehensive Income/ (Loss) (i) Hems that will not be reclassified to prof ii or loss (3.20) (3.12) (3.76) (6.32) (8.07) (15.40) Remeasuremenl gain/(losses) on defined benefil plans (3.23) (3.22) (3.89) (6.45) (8.15) (15.46) Fair value chanqes of investmenls in equity shares 0.03 0.10 0.13 0.13 0.08 0.06 (ii) Income tax relalmg to 11ems 1ha1 will nol be reclassihed 10 prohl 0.81 0.81 1.26 1.62 2.52 3.88 or loss 9. Total comprehensive income for lhe year/period (7+8) 1,147.15 1,028.02 1,687.62 2,175.17 2,735.30 5,497.22 10. Paid up equity share capilal (Face value Rs.10/· each) 852.84 852.84 852.84 852.84 852.84 852.84 11. Other Equity 41,422.38 12. Earninqs Per Share (EPS) (of Rs.1O /· each) : Basic and Oilu1ed (not annualised for the quarters) m Rs. 13.48 12.08 19.82 25.56 32.14 64.59 _§jlJfaJk. Milan Sadhukhan 3 November 2026 Managing Director Bengaluru DIN: 03082335 Linde India Limited Regd Olhce 'Oxygen House' P43 Taratala Road, Kolkata 700088, India (IN lJ0200WB1935PlC008184 Phone •91336602 1600 Fax •913324014206 contact.lg.in 1 hndc.com ww1·1.hnde.rn Segment wise Standalone Revenue. Results, Assets and Liabilities (Rs. Million) Three months Three months Three months Six months Six months Year ended ended ended ended ended ended Particulars 30 September 30 June 30 September 30 September 30 September 31 March 2026 2026 2025 2026 2025 2026 IUnaudited) (Unaudited\ (Unaudited\ tun audited\ (Unaudited\ IA udited\ 1. Segment revenue a. Gases, related products & services 5,627.57 5,444. t6 5,604.25 I t,071.73 t0,601.t9 2t,281.84 b. Profect engineering 2.238.05 2,245.64 2,250.37 4,483.69 4,790.55 9,806. t4 Total 7,865.62 7,689.80 7,854.62 15,555.42 15,391.74 31,087.98 less : Inter segment revenue 633.65 7·16.t7 1,412.69 t,379.82 3,239.01 5,781.58 Revenue from operations 7,231.97 6,943.63 6,441.93 14,175.60 12,1S2.7l 25,306.40 2. Segment results a. Gases, related products & servrces 1,600.77 t,322.36 2,158.74 2,923. t3 3,446.97 6,4t8.80 b. Project engmeenng 204.68 234.62 237.29 439.30 510.01 1. 188.19 Total segment profit before interest and tax 1,805.45 1,5S6.98 2,396.03 3,362.43 3,956.98 7,606.99 less: 1) Finance Costs 158. 14 59.42 31.48 217.56 63.00 144.98 11) Other unallocable expenditure 95.51 116.37 tOl.65 211.88 208.89 191.91 (net ol unallocable income) Prolit before lilx 1,SSl.80 1,381.19 2,262.90 2,932.99 3,685.09 7,270.10 lax Expense 402.26 350.86 572.78 753.12 944.24 1,761.36 Profit for the vear /orriod 1 149.54 1 030.33 1 690.12 2 179.87 2 740.85 s 508.74 3. Segment Assets a. Gases, related products & services 56,036.77 50,557.58 46,344.62 56,036.77 46,344.62 50,317.87 b. Project en91neerong 4,836.17 4,703.53 3,994. 18 4,836.17 3,994.18 3,846.97 c. unallocated 6,347.31 8,8•18.24 3,004.07 6,347.31 3,004.07 3,527.67 Total seoment ~sscts 67 220.25 64 109.3S 53 342.87 67 220.25 53 342.87 57 692.51 4. Segment Liabilities a. Gases, related products & services 5,064.29 5,091.09 5,062.53 5,064.29 5,062.53 5, 101.35 b. Pro1ect cngoneenng 5,777.14 6,271.32 4,259.18 5,777. 14 4,259.18 6,560.97 c. Unallocated 12,939.69 9,438.45 4,509.67 12,939.69 4,509.67 3,754.97 Tot~I seoment liabilities 23.781.12 20,800.86 13,831.38 23,781.12 13,831.38 15,417.29 Notes: The prunary segment for the Company 1s the Business Segment and 1t has two such segments which are as follows: a. Gases, related products & services: Comprises manufacture and sale of industrial, medical and special gases as well as related products and services. b. Project Engineerong: Compmes sale of cryogenic and non cryogenic air separa1ton plants and pro1ects. 3 November 2026 Bengaluru Linde India limited Reqd Ofhce 'Oxyqen House' P43 Taralala Road, Kolkala 700 088, India CIN L40200WB l 935PLC008 l 84 Phone •9133 6602 1600 Fax •91 33 2401 4206 contar1l 9 m4fhndc mm ''1ww.linde.in Standalone Balance Sheet (Rs. Million) As at As at Particulars 30 September 31 March 2026 2026 (Unaudited) (Audited) ASSETS Non-current assets Properly, plan I and equipment 34,322.96 19,859.20 Righl·of·Use Assets 1,015.85 868.68 Capital work-In-progress 10,910.69 13,427.84 Goodw [Showing first 8,000 characters — download PDF for full document]