Linde India Limited
Regd Office 'OxygenHouse'
P43 Taratala Road, Kolkata 700 088, India CIN L40200WB 1935PLC008184 Phone+913366021600 Fax+913324014206 contact.lg.in@linde.com
www.linde.in
Statement of Standalone Financial Results
(Rs. Million) | |||||||||||||||||||||||||||
Three months | Three months | Three months | Fifteen mon ths | Year | |||||||||||||||||||||||
ended | ended | ended | ended | ended | |||||||||||||||||||||||
Particulars | 31 March | 31 December | 31 March | 31 March | 31 December | ||||||||||||||||||||||
2023 | 2022 | 2022 | 2023 | 2021 | |||||||||||||||||||||||
(Unaudited)* | (Unaudited) | (Unaudited) | (Audite d} | {Audited) | |||||||||||||||||||||||
1. Revenue from operations | 6,302.35 | 6,970.00 | 5,342.65 | 31,355.20 | 21, 119.58 | ||||||||||||||||||||||
2. Other income | 217.00 | 276.95 | 139.82 | 1,087.38 | 546.63 | ||||||||||||||||||||||
3. Total income (1+2} | 6,519.35 | 7,246.95 | 5,482.47 | 32,442 .58 | 21,666.21 | ||||||||||||||||||||||
4. Expenses | 1,293.86 | 1,984.80 | 1,377.44 | 8,246. 42 | |||||||||||||||||||||||
a) Cost of materials consumed | 3,931.64 | ||||||||||||||||||||||||||
b) Purchase of stock-in-trade | 1,009.79 | 1,072.85 | 469.71 | 4,406 .98 | 2,911.97 | ||||||||||||||||||||||
c) Changes in inventories of finished goods, work-in-progress and | 7.65 | (35 .59) | 41 .84 | (67.01) | 26.44 | ||||||||||||||||||||||
stock-in-trade | t 01 .05 | 134.61 | |||||||||||||||||||||||||
d) Employee benefits expense | 130:71 | 638.71 | 502.48 | ||||||||||||||||||||||||
e) Finance Costs | 11 .70 | 11.11 | 11.34 | 56.56 | 30.54 | ||||||||||||||||||||||
f) Depreciation and amortisation expenses | 657.87 | 481 .05 | 457.20 | 2,528.65 | 1,813.67 | ||||||||||||||||||||||
g) Power and fuel | 1,020.21 | 1,095.52 | 1,002.22 | 5, 139. 16 | 4,028.45 | ||||||||||||||||||||||
h) Freiqht and handlinq charqes | 343 .69 | 305.83 | 290.59 | 1,586.53 | 1,318.26 | ||||||||||||||||||||||
i) Other expenses | 668.72 | 733.55 | 713 .07 | 3.762 .38 | 2,934.46 | ||||||||||||||||||||||
Total expenses (4) | 5, 114.54 | 5,783.73 | 4,494.12 | 26,298.38 | 17,497.91 | ||||||||||||||||||||||
5. Profit before tax and exceptional items (3-4) | 1,404.81 | 1,463.22 | 988.35 | 6, 144.20 | 4,168.30 | ||||||||||||||||||||||
6. Exceptional Items rNote (iii) below] | - | . | - | - | 2,944.26 | ||||||||||||||||||||||
7. Profit before tax (5+6) | 1,404.81 | 1,463.22 | 988;35 | 6, 144.20 | 7, 112.56 | ||||||||||||||||||||||
8. Tax Expense: | 448.67 | 351 .18 | |||||||||||||||||||||||||
a) Current tax | 357.43 | 1,806.18 | 1,330.76 | ||||||||||||||||||||||||
b) Deferred tax charqe/(credit) | (31.23) | (19.88) | (7.61 ) | (l ,019.69) | 642.36 | ||||||||||||||||||||||
9. Profit for the year/period (7-8) | 987.37 | 1,131.92 | 638.53 | 5,357.71 | 5,139.44 | ||||||||||||||||||||||
10. Other Comprehensive Income/ (loss) | (4.36) | 35.67 | (16.28) | ||||||||||||||||||||||||
A.(i) Items that will not be reclassified to profit or loss | 15.85 | 38.05 | |||||||||||||||||||||||||
Remeasurement losses on defined benefit plans | 15 .93 | ( 4.50) | 35.59 | 38.02 | (18.93) | ||||||||||||||||||||||
Fair value chanqes of investments in equitv shares | (0.08) | 0.14 | 0.08 | 0.03 | 2.65 | ||||||||||||||||||||||
(ii) Income tax relating to items that will not be reclassified to | (3 .?9) | 1.13 | (12.44) | (31 .49) | 5.71 | ||||||||||||||||||||||
profit or loss | - | - | - | - | |||||||||||||||||||||||
S.(i) Items that will be reclassified to profit or loss | |||||||||||||||||||||||||||
Fair value chanqes due to cash flow hedqes | - | - | - | . | - | ||||||||||||||||||||||
(ii) Income tax relating to items that will be reclassified to profit or | - | - | . | - | |||||||||||||||||||||||
loss | 999.23 | 1,128.69 | |||||||||||||||||||||||||
11 . Total comprehensive income for the year/period (9+10) | 661.76 | 5,364.27 | 5, 128.87 | ||||||||||||||||||||||||
12. Paid up equity share capital (Face value Rs.10/- each) | 852.84 | 852.84 | 852.84 | 852 .84 | 852.84 | ||||||||||||||||||||||
13. Other Equity | - | . | - | 30,286.64 | 26,057.38 | ||||||||||||||||||||||
14. Earninqs Per Share (EPS) (of Rs.10/- each): | |||||||||||||||||||||||||||
Basic and Diluted (not annualised) in Rs. | 11 .58 | 13.27 | 7.49 | 62.82 | 60.26 | ||||||||||||||||||||||
'refernote (vi) |
~ ~ | |
23 May 2023 | Abhijit Banerjee |
Kolkata | Managing Director |
DIN : 08456907 |
Linde India Limited
Regd Office 'OxygenHouse'
P43 Taratala Road, Kolkata 700 088, India CIN L40200WB1935PLC008184 Phone+9133 66021600 Fax+9133 2401 4206 contact.lq.in@linde.com
www.linde.in
Segment wise Standalone Revenue, Results, Assets and Liabiliti es
(Rs. Mill ionl | ||||||||||||||||||
Fineen | ||||||||||||||||||
Three months | Three months | Three months | months | Year | ||||||||||||||
Particulars | ended | ended | ended | ended | ended | |||||||||||||
31 March | 31 December | 31 March | 31 March | 31 December | ||||||||||||||
2023 | 2022 | 2022 | 2023 | 2021 | ||||||||||||||
(Unaudited)· | (Unaudited) | (Unaudited) | (Audited) | (Audited) | ||||||||||||||
1. Segment revenue | ||||||||||||||||||
a. Gases, related products & services | 4,887.25 | 4,886.25 | 3,987.33 | 22, 143.83 | 16,610.69 | |||||||||||||
b. Project enqineerinq | 1,893.68 | 2,447.79 | 1,420.97 | 10,460.76 | 4,578. 74 | |||||||||||||
Total | 6,780.93 | 7,334.04 | 5,408.30 | 32,604.59 | 21,189.43 | |||||||||||||
364 .04 | 65.65 | |||||||||||||||||
Less : Inter seqment revenue | 478.58 | 1,249.39 | 69 . 85 | |||||||||||||||
Revenue from operations | 6 302.35 | 6 970.00 | 5 342.65 | 31 355.20 | 21, 119.58 | |||||||||||||
2. Segment results | ||||||||||||||||||
a. Gases, related products & services | 1,220.27 | 1,331.77 | 906.65 | 5,320.69 | 3,871.15 | |||||||||||||
b. Project enqineerinQ | 150.98 | 288.54 | 154.85 | 1,114.38 | 484.60 | |||||||||||||
Total segment profit before interest, | ||||||||||||||||||
tax and exceptional item | 1,371 .25 | 1,620.31 | 1,061.50 | 6,435.07 | 4,355.75 | |||||||||||||
Less: i) Finance Costs | 11.70 | 11 .11 | 11 .34 | 56.56 | 30.54 | |||||||||||||
ii} Other unallocable expenditure | (45.26) | 145.98 | 61 .81 | 234.31 | 156.91 | |||||||||||||
(net of unallocable income) | ||||||||||||||||||
Profit before tax and exceptional items | 1,404.81 | 1,463.22 | 988.35 | 6, 144.20 | 4,168.30 | |||||||||||||
Exceptional Items | - | . | . | . | 2,944 .26 | |||||||||||||
Profit before tax | 1,404.81 | 1,463.22 | 988.35 | 6,144.20 | 7,112.56 | |||||||||||||
Tax Expense | 417.44 | 331.30 | 349.82 | 786.49 | 1,973.12 | |||||||||||||
Profit for the vear/oeriod | 987.37 | 1 131 .92 | 638.53 | 5 357.71 | 5 139.44 | |||||||||||||
3. Segment Assets | ||||||||||||||||||
a. Gases, related products & services# | 25,099.00 | 24,716.97 | 24,975.86 | 25,099.00 | 24,592.61 | |||||||||||||
b. Project enqineerinq | 4,330.89 | 1,325.58 | 4,597.34 | 4,B0.89 | 4,173.25 | |||||||||||||
c. Unallocated# | 14,390.18 | 1<1.n7.35 | 10,765.35 | 14,390.1 8 | 11,261 .13 | |||||||||||||
Total segment assets | 43 820.07 | 43,769.90 | 40 338.55 | 43 820-07 | 40.026.99 | |||||||||||||
4. Segment Liabilities | ||||||||||||||||||
a. Gases, related products & services | 5,773.95 | 6,278.64 | 5.716.84 | 5,773.95 | 6,256.94 | |||||||||||||
b. Project enqineerinq | 3,596.19 | 4,257.03 | 3,061 .27 | 3,596.19 | 3, 143.SS | |||||||||||||
c. Unallocated | 3,310.45 | 3,091 .24 | 3,988.49 | 3,310.45 | 3,716.28 | |||||||||||||
Total segment liabilities | 12,680.59 | tJ,626.91 | 12,766.60 | 12 680.59 | 13,116.77 | |||||||||||||
·refernote (vi} |
Notes:
The primary segment for the Company is the Business Segment and it has two such segments which are as follows:
- Gases and Related Products & Servlce.s: Comprises manufacture and sale of industrial. medical and special gases as well as related products.
- Project Engineering: Comprises sale of cryogenic and non cryogenic air separation plants and projects.
#Balance as at 31 March 2023, 31 December 2022, 31 March 2022 and 31 December 2021 include assets classified as "Asset held for sale" | |||||
amounting to Rs. 1::·:0Million, Rs. 150.00 Mil~lion, Rs. 168.12 Million and Rs. 168.12 Million, respectively. | |||||
Y'"- l • " | , | 1I:'!. | |||
~~":~' | . | " """"'~~') | ~h;b | ||
.v | Jr,' | 'l".J~f· | |||
23 May2 023 | ".I..~. | 4" qi:... | /,. | Manaqinq Director | |
Kolkata | ;,.L.;_1 :'. | DIN : 084 56907 |
Linde India Limited
Regd Office 'OxygenHouse'
P43 Taratala Road, Kolkata 700 088, India CIN L40200WB 193SPLC008184
Phone +91 33 6602 1600 Fax +91332401 4206 contact.lg.in@linde.com
www.linde.in
Statement of Standalone Cash Flows
(Rs. Million) | |||||
Fifteen months ended | Year ended | ||||
Particulars | 31 March 2023 | 31 December 2021 | |||
(Audited) | (Audited) | ||||
Cash flows from operating activities | |||||
Profit before tax for the period | 6,144.20 | 7,112 .56 | |||
Adjustments for: | |||||
Depreciation and amortisation expenses | 2,528.65 | 1,813.67 | |||
(Gain)/Loss on sale of non-current assets | (113 .79) | 10.26 | |||
Finance costs recognised in profit and loss | 56.56 | 30.54 | |||
Interest income on unwinding of security deposits | (1 .44) | (1.02) | |||
Interest Income on deposits | (560 .77) | (189.07) | |||
Interest income on finance lease arrangement | (3 .88) | (216.76) | |||
Liabilities no longer required written back | (231.93) | - | |||
Dividends on non-current investments | (90.02) | (4 .20) | |||
Allowances for doubtful debts | (12.36) | (7.77) | |||
Provision for warranties (Net) | 61 .03 | 18.68 | |||
Exceptional items | (2.944.26) | ||||
Operating cash flow before working capital changes | 7,776.25 | S,622.63 | |||
Movements in working capital: | (833 .08) | ||||
(lncrease)/Decrease in trade receivables | 4.18 | ||||
Decrease in current and non-current financial assets | 15.43 | 72.32 | |||
Decrease/(lncrease) in other current and non-current assets | 657.63 | (1,671. 99) | |||
(Increase) in inventories | (83 .08) | (5.12) | |||
(Decrease)/lncrease in Trade payables | (426.01) | 1,361.83 | |||
Increase in current and non-current liabilities and provisions | 1.093.41 | 1 257.93 | |||
Cash generated from operations | 8,200.55 | 6,641.78 | |||
Income taxes paid (net) | (1 908 .71) | (753.00) | |||
Net cash generated from ooerating activities | 6.291 .84 | 5.888.78 | |||
Cash flows from investing activities | |||||
Purchase of property, plant and equipment, capital | (3,631 .68) | (1,367.14) | |||
work in progress and intangible assets | |||||
Proceeds from disposal of property, plant and equipment | 70.56 | 16.67 | |||
Advance received for Sale of Asset | 67.42 | - | |||
Proceeds from disposal of Investments | - | 2.38 | |||
Proceeds from disposal of Land | 59.10 | 2,477.50 | |||
Income tax paid on profit from disposal of Land | (3.23) | (514.00) | |||
Investment in Associate | (238.82) | - | |||
Dividends received | 81.01 | 189.01 | |||
Interest received | 531 .36 | 170.14 | |||
Bank deposits (havino orioinal maturity of more than 3 months) | 0.06 | 9.70 | |||
Net cash (used in)/ oenerated from investino activities | (3 064.22) | 964.26 | |||
Cash flows from financing activities | |||||
Repayment of Lease Liabilities | (17.8.1) | (18.01) | |||
Finance cost on Lease payment | (25.31) | (7.69) | |||
Dividends paid to owners of the Companv | (1151.34) | (255.85) | |||
Net cash used in financino activities | (1 194.46) | (281 ..55) | |||
Net increase in cash and cash equivalents | 2,033.16 | 6,591.49 | |||
Cash and cash equivalents at the beginning of the period | 9 832.93 | 3 241.44 | |||
Cash and cash equivalents at the end of the period | 11 866.09 | 9 832.93 |
Note: The above Statement of Standalone Cash Flow has been prepared under the indirect method as set out in Ind AS 7 Statement of Cash Flows
1¥Abh~ | |
23 May 2023 | Managing Director |
Kolkata | DIN: 08456907 |
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Linde India Ltd. published this content on 23 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 May 2023 07:20:08 UTC.