Synopsis:
Refex Industries Restricted has secured a Rs. 30.12 crore order for transporting ash from a significant PSU energy producer to NHAI street initiatives, scheduled for completion inside 5 months.
An influence and infrastructure inventory has secured a major order within the ash transportation section. The contract is predicted to be executed over the approaching months, reflecting continued demand for companies on this section and the corporate’s give attention to disciplined venture supply and operational effectivity. Refex Industries Restricted, with a market capitalization of Rs. 4,632.12 crore, closed at Rs. 358.30 on November 7, 2025, down 2.86 % from the earlier shut.
What’s the Information?
Refex Industries Restricted has obtained an order to move ash from a significant public sector energy producer to NHAI street initiatives. The contract is valued at Rs. 30.12 crore and is predicted to be executed over a interval of 5 months. This order strengthens Refex’s presence in its Ash & Coal Dealing with section, which has recovered strongly regardless of larger than traditional monsoon rains, aided by the ramp up of latest initiatives. The corporate stays dedicated to disciplined execution, price optimization, and sustainable progress because it progresses via the second half of the monetary yr.
Monetary Snapshot – Q2FY26
Quarter-on-Quarter: Refex Industries reported gross sales rising from Rs. 366 crore in Q1FY26 to Rs. 427 crore in Q2FY26, a 16.7 % enhance. Working revenue rose by 89.2 % from Rs. 37 crore to Rs. 70 crore. Revenue earlier than tax surged from Rs. 28 crore to Rs. 55 crore, up 96.4 %, whereas internet revenue climbed from Rs. 20 crore to Rs. 36 crore, a 80 % enhance.
12 months-on-12 months: In comparison with Q2FY25, gross sales remained largely steady at Rs. 427 crore versus Rs. 428 crore. Working revenue improved considerably from Rs. 43 crore to Rs. 70 crore, a 62.8 % rise. Revenue earlier than tax grew from Rs. 42 crore to Rs. 55 crore, a 31 % enhance, and internet revenue elevated from Rs. 31 crore to Rs. 36 crore, a 16.1 % rise.
Concerning the Firm
Based in 2002 and headquartered in Chennai, Refex Industries Restricted is a pioneer in sustainability-driven options in India. During the last 22 years, the corporate has constructed a various portfolio that features Ash & Coal Dealing with companies, Inexperienced Mobility initiatives via an entirely owned subsidiary, and Wind power options by way of one other subsidiary. Targeted on advancing environmentally accountable options, Refex Industries continues to guide initiatives that promote a greener, sustainable future for India.
Written by Manan Gangwar
Disclaimer
The views and funding ideas expressed by funding specialists/broking homes/ranking businesses on tradebrains.in are their very own, and never that of the web site or its administration. Investing in equities poses a threat of economic losses. Traders should due to this fact train due warning whereas investing or buying and selling in shares. Commerce Brains Applied sciences Personal Restricted or the creator aren’t responsible for any losses induced on account of the choice based mostly on this text. Please seek the advice of your funding advisor earlier than investing.
