Linde India Ltd Announces 89th AGM Proceedings, Strong FY 2024-25 Performance Amid Global Economic Uncertainty

Linde India Ltd, a leading industrial gases and engineering company, held its 89th Annual General Meeting (AGM) on 14 August 2025. The meeting was conducted through video conference, with 75% of the paid-up share capital represented. The Chairman, Mr. Michael James Devine, addressed the members, highlighting the company's robust performance in FY 2024-25, despite global economic challenges. The total revenue from operations stood at Rs. 24,854 million, a year-on-year expansion of 2%. The Gases Division contributed Rs. 8,540 million, showing a 10.2% year-on-year decline due to the completion of several large project deliveries. However, the Company's disciplined pricing strategy and operational excellence initiatives led to a 6.9% year-on-year margin expansion. The Project Engineering Division faced revenue headwinds but demonstrated strong commercial activity and maintained a healthy order book. The company also emphasized its commitment to sustainability and energy transition, expanding renewable energy sourcing capabilities and investing in energy-efficient technologies.