Refex Industries Limited Board Approves Audited Financial Results and Recommends Final Dividend

Refex Industries Limited announced its audited financial results for the fourth quarter and fiscal year ended March 31, 2026. The Board of Directors has approved these results, including standalone and consolidated statements of profit and loss, assets and liabilities, and cash flow. Notably, the Board also recommended a final dividend of ₹1 per equity share, subject to shareholder approval at the upcoming Annual General Meeting.

Refex Industries Reports Audited Financials

On May 26, 2026, Refex Industries Limited’s Board of Directors convened to review and approve the company’s audited financial results for the fiscal year ending March 31, 2026. This includes both standalone and consolidated financial statements covering the fourth quarter and the full year.

Key Financial Highlights

The approved results encompass the Statement of Profit & Loss, Statement of Assets & Liabilities, and Statement of Cash Flow, all prepared in accordance with Indian Accounting Standards and SEBI Listing Regulations. The company reported a profit of ₹9,372.60 lakhs from continuing operations for the quarter ended March 31, 2026. For the full year, the profit from continuing operations stood at ₹24,719.09 lakhs. The audited financials were reviewed by the Audit Committee and audited by M/s A B C D & Co. LLP, Chartered Accountants.

Dividend Recommendation

In a significant decision for shareholders, the Board recommended a final dividend of ₹1 per equity share. This dividend, representing 50% of the face value of ₹2 per share, is contingent upon the approval of shareholders at the ensuing Annual General Meeting (AGM).

Discontinued Operations

The company has classified its Power Trading, Refrigerant Gases, and Green Mobility segments as ‘Discontinued Operations’ as per Ind AS 105. The results pertaining to these segments have been reported separately. For the year ended March 31, 2026, the net loss from these discontinued operations was ₹3,866.18 lakhs.

Auditor’s Report

The Statutory Auditors, M/s. A B C D & Co. LLP, have issued an audit report with an unmodified opinion on the Audited Standalone and Consolidated Financial Results for the financial year ended March 31, 2026. This indicates that the financial statements present a true and fair view of the company’s financial position and performance.

Future Outlook and Website Availability

The audited financial results will be made available on the company’s website at https://www.refex.co.in/investors/financial-information. Arrangements have also been made for the publication of extracts in newspapers as per regulatory requirements.

Source: BSE

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