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BOC India records strong growth

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BOC India has reported a turnover of Rs.287.25 crore for the first half-year and registered a growth of 27.5%, as significant growth derived from the steel, automobile and healthcare markets.

Net profit for the period stood at Rs.42.71 crore, while results for the company’s quarter ending June 2008 were also up significantly at a turnover of Rs145.9 crore and a net profit of Rs.16.9 crore.

The company, now a member of The Linde Group, reported that it saw growth across all its businesses with significant growth coming in from strong sales to steel, automobile ancillaries and healthcare markets.

During the second quarter ended 30th June 2008, BOC India recorded a turnover of Rs145.9 crore as against a turnover of Rs106.8 crore for the same quarter in the previous year. During the quarter under review, the total turnover of the Gases business segment was up around 24%, driven by strong growth in all segments.

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