This stock engaged in producing and distributing equipment for construction and mining applications jumped up to 12 percent after the company declared its financial results. It bagged mixed sentiments from the market, which caused the stock to correct by 8 percent. In this article, we will look at their financials.
Price Movement
With a market capitalization of Rs 6,104 crore, the shares of Refex Industries Ltd are currently trading at Rs 472 per share, down by 21 percent from its 52-week high of Rs 600 per share. During the last one year, the stock has given a positive return of 188.17 percent.
Financial Highlights
On Wednesday, the company announced its financial results and made a couple of announcements. The company reported a consolidated revenue of Rs 2,468 crores in FY25, up by 78 percent from its FY24 revenue of Rs 1,383 crores. And increased by 83 percent YoY from Rs 342 crores in Q4 FY24 to Rs 628 crores in Q4 FY25. However, on a QoQ basis, it plunged by 12 percent from Rs 717 crores in Q3 FY25 to Rs 628 crores in Q4 FY25
It posted a net profit of Rs 158 crores in FY25, up by 70 percent, from its FY24 net profit of Rs 93 crores, and increased by 45 percent YoY from Rs 33 crores in Q4 FY24 to Rs 48 crores in Q4 FY25. However, on a QoQ basis, it decreased by 4 percent from 50 crores in Q3 FY25 to 48 crores in Q4 FY25.
About the company
Refex Industries Limited, Chennai-based and established in 2002, is involved in fly ash disposal and recharging hydrofluorocarbons utilized in cooling systems. It also has businesses in solar power generation, coal trading, coal yard management, and power trading. Further, the company has also diversified into electric vehicle operations. It has an installed capacity of 3,000 MT It has major clients such as Adani Power, NTPC, Hindalco, ACC, Ultratech Cement, Larsen & Toubro and many others.
Written by Satyajeet Mukherjee
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
