Linde Bangladesh PLC, a listed multinational industrial and medical gas producer, reported a 36.52 percent year-on-year growth in profit for the first quarter of 2026, driven by higher sales revenue and reduced operating expenses.

According to the company’s financial disclosure published on Wednesday, Linde Bangladesh posted a profit of Tk10.99 crore during the January-March quarter of 2026, compared to Tk8.05 crore in the corresponding period of the previous year.

The company’s earnings per share (EPS) rose to Tk7.22 from Tk5.29 a year earlier.

During the quarter, revenue increased by 9.44 percent to Tk59.19 crore, up from Tk55.03 crore in the same quarter of 2025.

The company also reported improved financial indicators, with net operating cash flow per share rising to Tk2.10 due to stronger cash generation from core operations. Net asset value (NAV) per share also increased to Tk217.53, supported by higher retained earnings during the period.

Earlier disclosures showed that Linde Bangladesh’s annual profit declined significantly to Tk34.39 crore in 2025, with EPS standing at Tk22.60, compared to an exceptionally high profit of Tk642 crore in 2024.

The extraordinary earnings in 2024 were largely attributed to gains from the sale of a subsidiary following the divestment of the company’s hard goods business.

Despite the decline in annual earnings, the company declared a 100 percent cash dividend for 2025. However, the payout was considerably lower than the record 4,500 percent cash dividend announced for 2024.

Meanwhile, shares of Linde Bangladesh rose 3.01 percent to close at Tk659.70 each on the Dhaka Stock Exchange (DSE) on Thursday.