Refex Industries: Board Approves Q2 FY27 Unaudited Financial Results

Refex Industries Limited announced that its Board of Directors, at a meeting held on October 28, 2026, has considered and approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. The company also confirmed that these results, along with the limited review reports, will be made available on its website and published in newspapers as per SEBI regulations.

Board Approves Financial Results

The Board of Directors of Refex Industries Limited convened on Wednesday, October 28, 2026, to review and approve the company’s unaudited financial statements. The meeting, which commenced at 12:15 PM IST and concluded at 12:58 PM IST, saw the approval of both standalone and consolidated financial results for the quarter and half year ending September 30, 2026.

Key Financial Disclosures

The approved financial results were presented to the Board following a review by the Audit Committee. Accompanying these results are the Limited Review Reports issued by M/s ABCD & Co LLP, Chartered Accountants. These financial results will be accessible on the company’s investor relations portal at https://www.refex.co.in/investors/financial-information. Furthermore, the company will publish the requisite extracts of these financial results in newspapers, adhering to SEBI Listing Regulations.

Financial Highlights (Standalone – Quarter Ended September 30, 2026)

For the quarter ended September 30, 2026, Refex Industries reported a Net Profit from continuing operations of ₹5,951.57 Lakhs. The total income stood at ₹56,541.29 Lakhs, with total expenses amounting to ₹48,590.15 Lakhs.

Financial Highlights (Standalone – Half Year Ended September 30, 2026)

For the half-year ended September 30, 2026, the company recorded a Net Profit from continuing operations of ₹13,315.34 Lakhs. The total income for the period was ₹1,19,266.99 Lakhs, and total expenses were ₹1,01,481.13 Lakhs.

Segmental Performance

The Ash & Coal Handling Business reported a segment revenue of ₹54,661.91 Lakhs and a segment result (Profit before Interest and Tax) of ₹9,103.35 Lakhs for the quarter ended September 30, 2026. For the half-year ended September 30, 2026, the Ash & Coal Handling Business segment revenue was ₹1,15,711.65 Lakhs with a segment result of ₹20,250.25 Lakhs.

Other Matters

The company has disclosed the discontinuation of its Power Trading and Refrigerant Gases segments, with their results classified under ‘Discontinued Operations’ as per Ind AS 105. Additionally, the Scheme of Amalgamation and Arrangement remains pending approval from the National Company Law Tribunal (NCLT).

Source: BSE

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