Refex Industries' Q3 FY 2025-26 Quarterly Results
- 15h ago
Result Summary
- Refex Industries Ltd reported a 34.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 21.6%.
- Its expenses for the quarter were up by 35.9% QoQ and down 26.7% YoY.
- The net profit increased 45.6% QoQ and increased 5.3% YoY.
- The earnings per share (EPS) of Refex Industries Ltd stood at 3.89 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 581.81 | 432.05 | 741.92 | 34.7% | -21.6% |
Total Expenses | 500.43 | 368.14 | 682.61 | 35.9% | -26.7% |
Profit Before Tax | 81.38 | 63.91 | 59.31 | 27.3% | 37.2% |
Tax | 20.04 | 18.62 | 9.26 | 7.6% | 116.4% |
Profit After Tax | 52.71 | 36.19 | 50.05 | 45.6% | 5.3% |
Earnings Per Share | 3.89 | 2.66 | 3.86 | 46.2% | 0.8% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Refex Industries Ltd is a diversified company involved predominantly in the business of refrigerant gases, solar power, and ash management. Established as a player in the refrigerant industry, the company has expanded its portfolio into renewable energy and waste management. This strategic diversification leverages its competencies in environmental sustainability and resource optimization. As of the latest information available, Refex Industries continues to enhance its operational efficiencies and market reach, though specific recent developments have not been provided in the data.
Revenue
In Q3FY26, Refex Industries Ltd reported a total income of ₹581.81 crores, which represents a quarter-over-quarter increase of 34.7% from ₹432.05 crores in Q2FY26. However, when compared to the same quarter in the previous year (Q3FY25), there was a decline of 21.6% from ₹741.92 crores. This year-over-year decrease indicates a significant change in revenue generation compared to the previous year. The current quarter's performance shows a robust recovery from the preceding quarter, despite the annual decline in revenue.
Profitability
The company achieved a Profit Before Tax (PBT) of ₹81.38 crores in Q3FY26, marking a 27.3% increase from ₹63.91 crores in Q2FY26. Compared to Q3FY25, there is a notable year-over-year growth of 37.2% in PBT from ₹59.31 crores. The Profit After Tax (PAT) for Q3FY26 was reported at ₹52.71 crores, reflecting a substantial QoQ growth of 45.6% from ₹36.19 crores in Q2FY26, and a moderate YoY increase of 5.3% from ₹50.05 crores. The tax expense for the quarter was ₹20.04 crores, slightly up by 7.6% from the previous quarter and significantly increased by 116.4% from the same quarter last year. The earnings per share (EPS) for Q3FY26 stood at ₹3.89, which is a 46.2% increase QoQ and a slight increase of 0.8% YoY from ₹3.86 in Q3FY25.
Operating Metrics
Total Expenses for Q3FY26 amounted to ₹500.43 crores, representing a 35.9% increase from the previous quarter's ₹368.14 crores. When compared to Q3FY25, expenses decreased by 26.7% from ₹682.61 crores. This reduction in year-over-year expenses aligns with the decrease in total income over the same period. The company appears to have managed expenses strategically, resulting in improved profitability metrics. The substantial QoQ increase in both income and expenses indicates dynamic operational adjustments, contributing to the enhanced profitability reported for the current quarter.