Refex Industries Limited specializes in trading eco-friendly refrigerant gases and providing comprehensive solutions for responsible coal procurement and ash disposal. Presenting below are its Q1 FY26 earnings results.
Q1 FY26 Earnings Results
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Total Income: ₹383 crores, down 38.9% QoQ from ₹627 crores in Q4 FY25 but down 35% YoY from ₹591 crores in Q1 FY25.
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Profit Before Tax (PBT): ₹24.42 crores, down 33.2% QoQ from ₹36.58 crores in Q4 FY25 and down 37.5% YoY from ₹39.06 crores in Q1 FY25.
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Profit After Tax (PAT): ₹20.37 crores, down 58% QoQ from ₹48 crores and down 30.6% YoY from ₹29.35 crores in Q1 FY25.
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Total Expenses: ₹369.48 crores, up 17.8% QoQ from ₹313.76 crores in Q4 FY25, down 33.8% YoY from ₹558.15 crores in Q1 FY25.
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Earnings Per Share (EPS): ₹1.64, down 128% QoQ from ₹3.74 and down 37% YoY from ₹2.6.
Management Commentary & Strategic Decisions:
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Chairman & Managing Director Anil Jain said the quarter was affected by an unusually early and intense monsoon causing operational disruptions in ash and coal handling businesses.
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Despite seasonal disruptions, the company maintained healthy margins through disciplined cost control and operational agility.
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The company is growing its green mobility and wind energy initiatives to diversify revenue and strengthen growth foundations.
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Management expects a strong rebound from Q2 FY26 as monsoon impacts normalize, new contracts commence, and sector demand improves.
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Focus remains on delivering sustainable long-term value through strategic diversification and operational resilience.
Q4 FY25 Earnings Results
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Total Income: ₹627 crores, up 83 percent on YoY basis.
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Profit Before Tax (PBT): ₹60 crores
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Profit After Tax (PAT): ₹48 crores, up 45 percent from the same quarter last year.
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Total Expenses: ₹562 crores
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Earnings Per Share (EPS): ₹3.74, up 26 percent on YoY basis.
To view the company’s previous earnings and latest concall transcripts, click here to visit the Alphastreet India news channel.