Industrial Gases company Refex Industries announced Q1FY26 results Total Income: Rs 394.51 crore compared to Rs 597.21 crore during Q1FY25, EBITDA: Rs 37.61 crore compared to Rs 48.42 crore during Q1FY25, EBITDA Margin: 9.80% for Q1FY26. PAT: Rs 20.37 crore compared to Rs 29.35 crore during Q1FY25, PAT Margin: 5.16% for Q1FY26. EPS: Rs 1.58 for Q1FY26. Anil Jain, Chairman & Managing Director, Refex Industries, said: “Q1FY26 reflected the impact of an unusually early and intense monsoon, which brought record rainfall and temporarily slowed operations in our Ash & Coal Handling business. These were short-term, seasonal disruptions, and our underlying demand drivers remain intact. Even in this softer quarter, we maintained healthy margins through disciplined cost control and operational agility. Our Green Mobility and Wind initiatives continue to build scale, diversifying our revenue base and strengthening our growth foundation. With the peak of monsoon impacts now behind us between Q1 and Q2, new contracts commencing, and sector demand expected to recover, we are confident of a strong rebound in the coming quarters and remain firmly focused on delivering sustainable, long-term value for our stakeholders.” Result PDF
Industrial Gases company Refex Industries announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Total Income: Rs 643.88 crore compared to Rs 350.31 crore during Q4FY24, change 83.80%. EBITDA: Rs 63.82 crore compared to Rs 41.25 crore during Q4FY24, change 54.71%. Net profit: Rs 47.92 crore compared to Rs 33.37 crore during Q4FY24, change 43.59%. Basic EPS: Rs 3.71 compared to Rs 3.02 during Q4FY24, change 23.00%. FY25 Financial Highlights: Total Income: Rs 2,518.02 crore compared to Rs 1,400.99 crore during FY24, change 79.73%. EBITDA: Rs 209.81 crore compared to Rs 146.10 crore during FY24, change 43.61%. Net profit: Rs 158.38 crore compared to Rs 92.97 crore during FY24, change 70.34%. Basic EPS: Rs 12.93 compared to Rs 8.40 during FY24, change 53.87%. Anil Jain, Chairman & Managing Director, Refex Industries, said: “FY25 marks another defining chapter in our journey as we continue to steer Refex towards sustainable, future-focused growth. Our performance reflects the strength of our diversified business model and the strategic realignments we’ve made across key verticals. During the year, we made decisive moves to strengthen and expand our green mobility vertical—a segment we are actively investing in for long-term growth. The recent realignment of our Bengaluru operations w.r.t the phase out of our airport taxi operations reflects our sharpened focus on B2B and B2B2C opportunities that will be anchored in long-term partnerships and stable demand. In the renewable energy space, we advanced our clean energy strategy with the formation of Venwind Refex Power Limited that will focus on manufacturing, supply, and commissioning of wind turbines. Another step-down subsidiary Venwind Refex Power Services Limited was incorporated which will undertake O&M; services for wind. As we scale sustainably across sectors, Refex remains steadfast in its purpose to enable India’s green transition while creating enduring value for all.” Result PDF
Industrial Gases company Refex Industries announced Q3FY25 results Standalone Financial Highlights: Total Income: Rs 733.48 crore compared to Rs 304.71 crore during Q3FY24, change 140.71%. Net Profit: Rs 59.04 crore compared to Rs 19.67 crore during Q3FY24, change 200.12%. Basic EPS: Rs 4.70 for Q3FY25. Consoliadated Financial Highlights: Total Income: Rs 741.92 crore compared to Rs 309.17 crore during Q3FY24, change 139.97%. Net Profit: Rs 50.05 crore compared to Rs 16.79 crore during Q3FY24, change 198.10%. Basic EPS: Rs 3.99 for Q3FY25. Anil Jain, Chairman & Managing Director of Refex Industries, said: “Our performance this quarter continues to reflect our focus on driving growth with purpose. The rise in standalone net profit alongside the healthy growth in revenue highlights the impact of our efforts in creating sustainable solutions. The expansion of our green mobility division, with the acquisition of nearly 3,000 EVs, is a bold step toward cleaner and smarter transportation in India As I have mentioned earlier, Refex Industries is not only delivering the numbers to our valuable shareholders, but it is about taking steps benefitting all of our stakeholders by building a future where business success continues to go hand in hand with environmental responsibility. We will continue to take this journey forward and remain committed to delivering meaningfully”. Result PDF