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Refex Industries Ltd Q1FY24; 57% rise in Profits

Refex Industries Limited (RIL) is a specialist manufacturer and re-filler of Refrigerant gases that are replacements for Chloro-fluoro-carbons.

Financial Results:

Refex Industries Ltd reported Revenues for Q1FY24 of ₹381.00 Crores up from ₹265.00 Crore year on year, a rise of 43.77%.

Total Expenses for Q1FY24 of ₹353.00 Crores up from ₹249.00 Crores year on year, a rise of 41.77%.

Consolidated Net Profit of ₹22.00 Crores up 57.14% from ₹14.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹9.96, up 51.60% from ₹6.57 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Gases
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