Refex Industries Limited has announced its audited financial results for the fourth quarter and fiscal year ended March 31, 2026. The company’s Board of Directors met on May 26, 2026, to approve these results, which include standalone and consolidated statements. Key highlights include the recommendation of a final dividend of ₹1 per equity share, subject to shareholder approval at the upcoming Annual General Meeting.
Refex Industries Board Meeting Outcome
On May 26, 2026, the Board of Directors of Refex Industries Limited convened to discuss and approve crucial financial matters. The meeting, which commenced at 11:44 AM IST and concluded at 12:15 PM IST, focused on the company’s financial performance for the fiscal year ending March 31, 2026.
Audited Financial Results Approved
The Board has officially approved the audited financial results for the fourth quarter and the full financial year ended March 31, 2026. This includes the Statement of Profit & Loss, Statement of Assets & Liabilities, and Statement of Cash Flow, prepared on both standalone and consolidated bases. These results have been duly reviewed by the Audit Committee and audited by M/s A B C D & Co. LLP, Chartered Accountants. The audited financial results will be made available on the company’s website.
Final Dividend Recommendation
In a significant move for its shareholders, the Board has recommended a final dividend of ₹1 per equity share. This dividend represents 50% of the face value of ₹2 per share for the financial year ended March 31, 2026. The recommendation is contingent upon the approval of shareholders at the forthcoming Annual General Meeting (AGM).
Discontinued Operations
As noted in the financial statements, Refex Industries has classified its Power Trading, Refrigerant Gases, and Green Mobility segments as discontinued operations. This strategic decision, approved by the Board, aims to streamline operations and focus on core, high-growth business areas. The financial results reflect this classification in accordance with Ind AS 105.
Key Financial Data Overview (Standalone)
Revenue and Profit
- Revenue from Operations (Year Ended March 31, 2026): ₹2,03,920.28 Lakhs
- Profit Before Tax (Continuing Operations, Year Ended March 31, 2026): ₹33,466.00 Lakhs
- Net Profit (Continuing Operations, Year Ended March 31, 2026): ₹24,719.09 Lakhs
- Net Profit (Total, Year Ended March 31, 2026): ₹24,586.69 Lakhs
Earnings Per Share (EPS)
- Basic EPS (Continuing Operations, Year Ended March 31, 2026): ₹18.57
- Diluted EPS (Continuing Operations, Year Ended March 31, 2026): ₹18.35
- Basic EPS (Discontinuing Operations, Year Ended March 31, 2026): (₹0.10)
- Diluted EPS (Discontinuing Operations, Year Ended March 31, 2026): (₹0.10)
Auditor’s Unmodified Opinion
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, in conformity with applicable accounting standards.
The company is committed to transparency and compliance with all regulatory requirements, ensuring stakeholders are well-informed about its financial health and strategic decisions.
Source: BSE
