Refex Industries' Q2 FY 2025-26 Quarterly Results

Result Summary

• Refex Industries Ltd reported a 9.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 19.2%.
• Its expenses for the quarter were down by 0.4% QoQ and 25.3% YoY.
• The net profit increased 77.7% QoQ and increased 16.5% YoY.
• The earnings per share (EPS) of Refex Industries Ltd stood at 2.66 during Q2 FY 2025-26.

Financial Statments for Q2 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 diversified company primarily operating in the industrial gases sector. The company is known for its involvement in the production and distribution of refrigerant gases, which are crucial for air conditioning and refrigeration systems. It has also diversified its operations into other sectors, such as solar power generation and coal trading. Refex Industries has made significant strides in these sectors, contributing to its overall business growth. Recent developments in the company are not specified in the current data set.

Revenue

For the second quarter of the fiscal year 2026, Refex Industries Ltd reported a total income of ₹432.05 crores. This represents a quarter-over-quarter (QoQ) increase of 9.7% compared to the previous quarter, Q1FY26, where the total income was ₹393.90 crores. However, on a year-over-year (YoY) basis, there is a decline of 19.2% when compared to Q2FY25, which had a total income of ₹534.73 crores. This decrease over the year indicates a shift in the revenue patterns of the company.

Profitability

The financial performance of Refex Industries Ltd in terms of profitability shows marked improvement in the second quarter of FY26. The profit before tax for Q2FY26 is ₹63.91 crores, which is a significant increase of 161.7% QoQ from ₹24.42 crores in Q1FY26. On a YoY basis, profit before tax increased by 52.1% from ₹42.02 crores in Q2FY25. The tax expense also rose dramatically by 379.9% QoQ and 69.9% YoY to ₹18.62 crores in Q2FY26. Consequently, the profit after tax for Q2FY26 reached ₹36.19 crores, up by 77.7% compared to the previous quarter and 16.5% compared to the same quarter last year.

Operating Metrics

The earnings per share (EPS) for Refex Industries Ltd in Q2FY26 stands at ₹2.66, reflecting a QoQ increase of 77.3% from ₹1.50 in Q1FY26 and a modest YoY growth of 3.1% from ₹2.58 in Q2FY25. Total expenses for the quarter were ₹368.14 crores, showing a slight decrease of 0.4% QoQ from ₹369.48 crores but a more substantial decrease of 25.3% YoY from ₹492.99 crores. These changes in the operating metrics highlight shifts in the company’s financial operations over the analyzed periods. Specific financial ratios such as P/E ratio, debt-to-equity ratio, and current ratio are not provided in the current data set.