Refex Industries Ltd

Profit before tax (PBT) rose 15.63% to Rs 81.38 crore during the quarter as against Rs 70.38 crore posted in the corresponding quarter last year. On the segmental front, revenue from the ash & coal handling business declined 17.14% YoY to Rs 566.31 crore. Revenue from refrigerant gas manufacturing (refilling) and sales fell 31.03% YoY to Rs 7.20 crore. Revenue from green mobility surged sharply to Rs 28.09 crore in Q3 FY26 from Rs 8.88 crore in the year-ago period. Meanwhile, revenue from solar power generation and related activities edged up 2.33% YoY to Rs 2.64 crore during the quarter. In a regulatory filing, the company said its board has approved the discontinuation of the refrigerant gases business segment. The segment contributed around 2.5% to the company's total revenue and was adversely impacted by operational and financial challenges amid intense competition and pricing pressures. The move is aimed at enabling better allocation of management focus and capital towards the company's core, higher-growth businesses, the filing said. The decision follows Refex's discontinuation of its power-trading business in August last year, citing low profitability, muted volumes, high compliance costs, and limited strategic alignment with the company's core logistics and energy infrastructure businesses. Chennai-based Refex Industries has built a portfolio spanning ash and coal handling, wind energy, and green mobility solutions. Shares of Refex Industries fell 2.95% to Rs 237 on the BSE.Powered by Capital Market - Live

Net profit of Refex Industries rose 7.73% to Rs 53.92 crore in the quarter ended December 2025 as against Rs 50.05 crore during the previous quarter ended December 2024. Sales declined 16.04% to Rs 576.01 crore in the quarter ended December 2025 as against Rs 686.04 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales576.01686.04 -16 OPM %15.587.75 - PBDT86.4173.01 18 PBT81.3770.38 16 NP53.9250.05 8 Powered by Capital Market - Live

Refex Industries will hold a meeting of the Board of Directors of the Company on 21 January 2026.Powered by Capital Market - Live

According to an exchange filing, the scope of the order includes excavation, loading and transportation of pond ash to National Highways Authority of India (NHAI) road projects. The company said the contract is to be executed within four months. It also clarified that none of its promoters or members of the promoter group have any interest in the awarding entity and that the order does not qualify as a related-party transaction under applicable regulatory norms. Chennai-based Refex Industries has built a portfolio spanning ash and coal handling, wind energy, and green mobility solutions. The company's consolidated net profit jumped 20.5% to Rs 37.44 crore despite a 0.3% decline in revenue from operations to Rs 426.85 crore in Q2 Sept 2025 over Q2 Sept 2024. The counter slipped 1% to Rs 247 on the BSE. Powered by Capital Market - Live

Refex Industries has procured an order worth Rs 34.61 crore for excavation, loading and transportation of pond ash to NHAI road projects from an entity based in Maharashtra. Powered by Capital Market - Live

The project is scheduled to be executed over a period of four months. Chennai-based Refex Industries has built a portfolio spanning ash and coal handling, wind energy, and green mobility solutions. The company's consolidated net profit jumped 20.5% to Rs 37.44 crore despite a 0.3% decline in revenue from operations to Rs 426.85 crore in Q2 Sept 2025 over Q2 Sept 2024. Shares of Refex Industries fell 1.55% to Rs 253.45 on the BSE.Powered by Capital Market - Live

Refex Industries has procured an order for transportation of pond ash to NHAI road projects. The order is valued at Rs 43.74 crore. Powered by Capital Market - Live

The scope of the contract includes the supply of WTGs along with related technical and supervisory assistance. The work covers design, procurement, manufacturing, assembly, packaging, marking, loading, and supply of the WTGs in accordance with contract terms, applicable laws, and industry practices. The order has been awarded by a domestic entity and pertains to wind power projects to be set up in Tamil Nadu. The contract is scheduled to be executed by September 2026. The company said that neither the promoter nor the promoter group or group companies have any interest in the entity awarding the contract. Chennai-based Refex Industries has built a portfolio spanning ash and coal handling, wind energy, and green mobility solutions. The company's consolidated net profit jumped 20.5% to Rs 37.44 crore despite a 0.3% decline in revenue from operations to Rs 426.85 crore in Q2 Sept 2025 over Q2 Sept 2024. Shares of Refex Industries fell 3.52% and are currently traded at Rs 294.55 on the BSE.Powered by Capital Market - Live

The contract, awarded by a domestic entity, is to be executed over a period of 4 months. The company confirmed that neither its promoters nor promoter group companies have any interest in the awarding entity, and the order does not qualify as a related-party transaction. Chennai-based Refex Industries has built a portfolio spanning ash and coal handling, wind energy, and green mobility solutions. The company's consolidated net profit jumped 20.5% to Rs 37.44 crore despite 0.3% decline in revenue from operations to Rs 426.85 crore in Q2 Sept 2025 over Q2 Sept 2024. Shares of Refex Industries fell 3.52% to currently traded at Rs 294.55 on the BSE. Powered by Capital Market - Live

Refex Industries has procured an order worth Rs 27.50 crore from a major power producer for transportation of pond ash to NHAI road projects. Powered by Capital Market - Live