Refex Industries Unveils Robust Financial Growth in Q2 & H1 FY25

Refex Industries Limited reports remarkable financial growth in Q2 and H1 FY25, emphasizing its sustainability-focused business model. With significant increases in income and net profits, the company's strategic focus on diversified sectors such as ash and coal handling, and green mobility is proving successful, underpinning future expansion ambitions.

Refex Industries Limited, a company committed to promoting sustainability in India, has announced impressive financial results for the second quarter (Q2) and first half (H1) of fiscal year 2025 (FY25). The unaudited results showcase the company's strength in its diverse portfolio, which includes ash and coal handling, refrigerant gases, power trading, and green mobility.

The key standalone financial highlights for Q2 FY25 revealed a total income of Rs 527.64 crore, marking a year-over-year (YoY) growth of 48.58%. EBITDA stood at Rs 47.69 crore with a YoY growth of 36.16%, while net profit reached Rs 37.32 crore, showing a YoY increase of 59.44%. The diluted earnings per share (EPS) also reflected a YoY growth of 47.62%, at Rs 3.10.

Looking at the consolidated figures, Q2 FY25 total income amounted to Rs 534.73 crore, with a YoY growth of 49.61%. EBITDA was Rs 46.44 crore, showing a growth of 35.93%, and the net profit was reported at Rs 31.06 crore, increasing by 44.88% YoY. The company's chairman, Anil Jain, highlighted that these results reflect a strategic focus on growth and operational efficiency, reinforcing Refex's diversified business model and strong financial foundation.

(With inputs from agencies.)