Refex Industries' Q1 FY 2025-26 Quarterly Results

Result Summary

• Refex Industries Ltd reported a 12.4% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 34.0%.
• Its expenses for the quarter were up by 17.8% QoQ and down 33.8% YoY.
• The net profit decreased 39.0% QoQ and decreased 30.6% YoY.
• The earnings per share (EPS) of Refex Industries Ltd stood at 1.5 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

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 company primarily engaged in the manufacturing and distribution of industrial gases, refrigerants, and related services. The company is part of the broader industrial and specialty chemicals sector, where it provides essential products for various applications, including refrigeration and air conditioning. Refex Industries has been operational for several years and is known for its focus on innovative solutions and environmental sustainability. As of the latest data, no specific major developments or strategic changes have been noted for the company.

Revenue

In the first quarter of the financial year 2026 (Q1FY26), Refex Industries Ltd reported a total income of ₹393.90 crores. This represents a significant increase of 12.4% compared to the previous quarter (Q4FY25), where the total income was ₹350.31 crores. However, when compared to the same quarter in the previous year (Q1FY25), there is a notable decline of 34.0% from ₹597.21 crores. The quarterly performance indicates a positive trend in income generation as compared to the immediate previous quarter, yet a considerable decrease year-over-year highlights variations in revenue streams or market conditions.

Profitability

The company recorded a profit before tax of ₹24.42 crores in Q1FY26, which is a decrease of 33.2% from Q4FY25's profit before tax of ₹36.58 crores. Compared to Q1FY25, this figure reflects a larger decline of 37.5% from ₹39.06 crores. The tax expenses for Q1FY26 amounted to ₹3.88 crores, marking an increase of 20.9% from ₹3.21 crores in Q4FY25 but a 60.1% decrease from ₹9.72 crores in Q1FY25. Consequently, the profit after tax for the first quarter of FY26 was ₹20.37 crores, down 39.0% from the previous quarter and 30.6% lower than the same quarter last year. These figures illustrate fluctuations in profitability metrics, influenced by both operational costs and tax liabilities.

Operating Metrics

The company's total expenses for Q1FY26 were ₹369.48 crores, reflecting a 17.8% increase from ₹313.76 crores in Q4FY25. Year-over-year, expenses decreased by 33.8% from ₹558.15 crores in Q1FY25. Earnings per share (EPS) also saw a significant decline, standing at ₹1.50 in Q1FY26, compared to ₹3.00 in Q4FY25, representing a 50.0% decrease. The year-over-year drop from ₹2.50 in Q1FY25 indicates a 40.0% reduction. These metrics suggest variations in operational efficiency and cost management, as reflected in the changing expense and earnings patterns over the quarters.