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BOC India defies tough economic climate

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BOC India Ltd, a member of The Linde Group, has announced very positive financial results for the second quarter of 2009, ended 30th June 2009.

The company clocked net sales of Rs.213.08 crores for the second quarter, which is an increase of 57% over the corresponding quarter in 2008.

The gases business registered a turnover growth of 21% over the corresponding quarter in the preceding year and the turnover of the Project Engineering business recorded a jump of around 136% quarter on quarter.

The growth in the gases business during the quarter was mainly driven by increased revenues from the tonnage business as a result of the new pipeline gas supplies by the company’s 1800 tpd plant to JSW Steel at Bellary.

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