Net Loss of Linde India reported to Rs 2.18 crore in the quarter ended June 2017 as against net loss of Rs 1.96 crore during the previous quarter ended June 2016. Sales rose 14.60% to Rs 493.35 crore in the quarter ended June 2017 as against Rs 430.48 crore during the previous quarter ended June 2016.

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The result was announced after market hours yesterday, 17 July 2017.

Meanwhile, the S&P BSE Sensex was down 245.45 points, or 0.77% at 31,829.33. The S&P BSE Mid-Cap index was down 0.88 points, or 0.01% at 15,196.57.

On the BSE, 4,866 shares were traded on the counter so far as against the average daily volumes of 4,950 shares in the past one quarter. The stock had hit a high of Rs 445.80 and a low of Rs 435 so far during the day. The stock had hit a 52-week high of Rs 499 on 13 April 2017 and a 52-week low of Rs 321.10 on 21 July 2016.

The stock had outperformed the market over the past one month till 17 July 2017, advancing 3.66% compared with the Sensex's 3.28% rise. The scrip had, however, underperformed the market over the past one quarter sliding 2.9% as against the Sensex's 9.05% rise. The scrip had, however, outperformed the market over the past one year advancing 36.35% as against the Sensex's 15.23% rise.

The mid-cap company has equity capital of Rs 85.28 crore. Face value per share is Rs 10.

Linde India's net sales rose 14.6% to Rs 493.35 crore in Q2 June 2017 over Q2 June 2016.

Linde India is engaged in the manufacturing of liquefied or compressed inorganic industrial or medical gases and construction of utility projects. Its segments include gases and related products and project engineering.

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Linde India will hold a meeting of the Board of Directors of the Company on 17 July 2017 consider and approve the Unaudited Financial Results of the Company for the second quarter and half year ended 30 June 2017.

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Net profit of Linde India declined 83.88% to Rs 1.37 crore in the quarter ended March 2017 as against Rs 8.50 crore during the previous quarter ended March 2016. Sales rose 24.34% to Rs 518.05 crore in the quarter ended March 2017 as against Rs 416.64 crore during the previous quarter ended March 2016.

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