Navi Mumbai (Maharashtra) [India], August 6: Refex Industries Limited.(NSE – REFEX | BSE – 532884), committed to promoting sustainability in India with a diverse portfolio encompassing Ash & Coal Handling, Refrigerant Gases, Power Trading, and Green Mobility, announced its Unaudited Financial Results for Q1 FY25.
Key Financial Highlights
| Consolidated | Standalone | |||||
| Particulars (₹ Cr) | Q1 FY25 | Q1 FY24 | YoY | Q1 FY25 | Q1 FY24 | YoY |
| Total Income | 597.21 | 384.20 | 55.44% | 592.05 | 383.30 | 54.46% |
| EBITDA | 48.42 | 36.40 | 33.04 | 52.24 | 36.57 | 42.85% |
| PAT | 29.35 | 21.27 | 37.96 | 35.97 | 22.01 | 63.39 % |
| EPS (₹) | 2.54 | 1.92 | 32.29% | 3.11 | 1.99 | 56.28% |
Other Key Highlights:
Consolidated Revenue Composition for FY24:
Ash & Coal Handling: ₹552.62 crore
Refrigerant Gas: ₹20.92 crore
Green Mobility: ₹5.47 crores
Sale of Service: ₹4.65 crore
Power Trading: ₹4.18 crore
Solar Power: ₹2.99 crore
Others: ₹4.29 crore
Commenting on the performance, Mr. Anil Jain, Chairman & Managing Director of Refex Industries Limited said, “The April to June quarter for FY 2025 has improved from the performance of the same quarter last year (Q1 FY24), and has also improved from the performance of the previous quarter (Q4 FY24). We are confident of further building on this performance in the coming quarters and are confident of delivering a strong year.
These remarkable achievements reflect our unwavering commitment towards building stakeholder value by ensuring sustainability and innovation at the core of our strategic and tactical endeavors.
Looking ahead, I firmly believe that the integration of sustainability practices into our business operations will yield numerous benefits. By adopting these practices, we expect to enhance our operational efficiencies, attract top talent, and further strengthen our brand’s reputation. Furthermore, our commitment to ESG will enable us to deliver increased value to our stakeholders by advancing the triple bottom line of people, planet, and profit. We are confident that this holistic approach will contribute to our continued success and also positively impact our broader community.”
Q1 FY25 Other Highlights
| Approval of Warrants | The company approved 1,25,75,000 warrants at ₹ 2 each, convertible into equity shares at ₹ 125 on a preferential basis to Sherisha Technologies Private Limited. |
If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.
