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linde-india-q2-revenues-rise-15-on-the-back-of-increased-demand-from-steel-automotive-sectors
linde-india-q2-revenues-rise-15-on-the-back-of-increased-demand-from-steel-automotive-sectors

Linde India Q2 revenues rise 15% on the back of increased demand from steel, automotive sectors

Linde India has reported an increase in revenue of 15% for the second quarter ended 30th June 2016, seeing revenues reach $62.6m (Rs 4.2bn) in the period.

The company attributed the growth to an increase in demand in the steel and automotive segments.

During the quarter, the business also grew by 16%, whereas the engineering business registered a modest growth of 4% compared to the same quarter last year (2015).

Operating profit was up 13% to $11.4m (Rs 770m) during the quarter, of which $9.95m (Rs 670m) came from the gases business.

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