Approval of Audited Financial Results for Q4 & FY 2026 both on standalone and consolidated basis.
REFEX · price
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Refex Industries reported strong profit growth for FY26 despite revenue challenges. Standalone revenue from continuing operations declined to ₹2,03,920 Lakhs from ₹2,25,943 Lakhs in FY25 (down ~10%), but net profit from continuing operations surged 34.7% to ₹24,719 Lakhs driven by the Ash & Coal Handling Business. On consolidated basis, revenue marginally grew to ₹2,27,674 Lakhs while net profit rose 34.9% to ₹20,372 Lakhs. The company discontinued its Power Trading and Refrigerant Gas segments during the year and continues to incur losses in Green Mobility operations. The Board recommended a final dividend of ₹1 per share (50% payout). Auditors issued an unmodified (clean) opinion.
The sharp PAT growth of over 34% despite revenue decline indicates improved operational efficiency and cost management. The focus on core Ash & Coal Handling Business is yielding results, though the losses from Green Mobility segment on consolidated basis and discontinued operations warrant attention. Dividend declaration signals management confidence.