Are Linde India latest results good or bad?

Linde India has reported its financial results for the quarter ending March 2025, showcasing a mix of operational trends. The company achieved an operating profit (PBDIT) of Rs 209.86 crore, which is the highest in the last five quarters, with an operating profit margin of 35.46%, indicating enhanced efficiency in its operations. Additionally, Profit Before Tax (PBT) reached Rs 148.32 crore, and Profit After Tax (PAT) was recorded at Rs 118.41 crore, both figures representing the highest levels in the past five quarters. Earnings per Share (EPS) also reflected a positive trend at Rs 13.88.
Conversely, Linde India faced challenges with net sales, which fell to Rs 591.88 crore, marking the lowest level in the last five quarters and a decline of 6.2% compared to the average net sales of the previous four quarters. Despite this, the company demonstrated effective management of its receivables, achieving a Debtors Turnover Ratio of 6.46 times, the highest in the last five half-yearly periods.

Overall, the financial data indicates that while Linde India has shown strength in profitability and operational efficiency, it has encountered difficulties in net sales. Furthermore, the company saw an adjustment in its evaluation based on these results.