Refex Renewables & Infrastructure Ltd

Net Loss of Refex Renewables & Infrastructure reported to Rs 4.72 crore in the quarter ended March 2025 as against net loss of Rs 8.06 crore during the previous quarter ended March 2024. Sales rose 12.69% to Rs 20.07 crore in the quarter ended March 2025 as against Rs 17.81 crore during the previous quarter ended March 2024. For the full year,net loss reported to Rs 36.31 crore in the year ended March 2025 as against net loss of Rs 24.71 crore during the previous year ended March 2024. Sales declined 10.65% to Rs 67.99 crore in the year ended March 2025 as against Rs 76.09 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales20.0717.81 13 67.9976.09 -11 OPM %51.3737.62 -46.5543.23 - PBDT3.58-0.27 LP -5.55-1.92 -189 PBT-1.01-4.90 79 -23.60-19.56 -21 NP-4.72-8.06 41 -36.31-24.71 -47 Powered by Capital Market - Live

Refex Renewables & Infrastructure will hold a meeting of the Board of Directors of the Company on 21 May 2025.Powered by Capital Market - Live

Refex Renewables & Infrastructure will hold a meeting of the Board of Directors of the Company on 8 May 2025.Powered by Capital Market - Live

The order involves the establishment of a 250 TPD municipal solid waste-based bio-CNG plant at Avaniyapuram village, Madurai South Taluk, Madurai District, under PPP mode on design, build, finance, operate and transfer (DBFOT) basis for a period of 20 years, as per the letter of acceptance dated 05 April 2025, received by the company on 07 April 2025. The scheduled commissioning date (SCD) for the full capacity of the project is set for 19 months from the date of the concession agreement, which is expected to be signed within 30 days from the date of the LOA. The total project cost is estimated at Rs 78.54 crore. The company also clarified that the contract does not involve any related party transactions and confirmed that neither the promoter, promoter group, nor any group companies have any interest in the awarding entity. The official announcement was made on 7 April 2025, after market hours. Refex Renewables & Infrastructure is engaged in the business of rendering engineering, procurement and construction services in respect of ground solar power plants, solar water pumps and home systems. The company reported a consolidated net loss of Rs 10.45 crore in Q3 FY25 as against net loss Rs 8.54 crore posted in Q3 FY24. Revenue from operations fell 22.6% YoY to Rs 15.90 crore in the quarter ended 31 December 2024. Powered by Capital Market - Live

 Refex Renewables & Infrastructure announced that its wholly owned subsidiary,  Refex Green Power has won a tender for Establishment of 250 TPD Municipal Solid Waste based Bio-CNG plant at Avaniyapuram village, Madurai South Taluk, Madurai District under PPP mode on DBFOT Basis for a period of 20 years, vide Letter of Acceptance dated 05 April 2025, issued by Madurai City Municipal Corporation. The estimated project cost is Rs 78.54 crore. Powered by Capital Market - Live

The project involves the establishment of the Bio-CNG plant under the Public-Private Partnership (PPP) model on a Design, Build, Finance, Operate, and Transfer (DBFOT) basis for a period of 20 years. The scheduled commissioning date (SCD) for the full capacity of the project is set for 19 months from the date of the concession agreement, which is expected to be signed within 30 days from the date of the letter of award (LOA). Refex Renewables & Infrastructure is engaged in the business of rendering engineering, procurement, and construction services in respect of ground solar power plants, solar water pumps, and home systems. The company reported a consolidated net loss of Rs 10.45 crore in Q3 FY25 as against a net loss of Rs 8.54 crore posted in Q3 FY24. Revenue from operations fell 22.6% YoY to Rs 15.90 crore in the quarter ended 31 December 2024. Shares of Refex Renewables & Infrastructure dropped 4.30% to Rs 620 on the BSE.Powered by Capital Market - Live

Net Loss of Refex Renewables & Infrastructure reported to Rs 10.05 crore in the quarter ended December 2024 as against net loss of Rs 8.54 crore during the previous quarter ended December 2023. Sales declined 22.63% to Rs 15.90 crore in the quarter ended December 2024 as against Rs 20.55 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales15.9020.55 -23 OPM %47.6139.37 - PBDT-2.92-0.16 -1725 PBT-7.43-4.84 -54 NP-10.05-8.54 -18 Powered by Capital Market - Live

Refex Renewables & Infrastructure will hold a meeting of the Board of Directors of the Company on 5 February 2025.Powered by Capital Market - Live

Refex Renewables & Infrastructure has allotted 105 senior, secured, unrated, unlisted, unsubordinated, redeemable, taxable, fully-paid non-convertible debentures (NCDs) to Northern Arc Emerging Corporates Bond Trust with Northern Arc Emerging Corporates Bond Fund as its scheme, by way of private placement, for an aggregate issue size of Rs 10.50 crore. Powered by Capital Market - Live

Refex Renewables & Infrastructure has revised the meeting of the Board of Directors which was scheduled to be held on 4 December 2024. The meeting will now be held on 6 December 2024.Powered by Capital Market - Live