Refex Industries Limited has announced robust financial performance for the second quarter (Q2) and the first half (H1) of the financial year 2027 (FY27). Revenue from operations surged by 36.1% to ₹560 crore in Q2 FY27, and by 54.7% to ₹1,179 crore in H1 FY27. Profit After Tax (PAT) also saw significant growth, increasing by 13.1% to ₹60 crore in Q2 FY27 and by 55.4% to ₹133 crore in H1 FY27, indicating strong operational execution and market demand.
Refex Industries Reports Strong Q2 and H1 FY27 Financials
Refex Industries Limited has unveiled impressive financial results for the second quarter and the first half of the financial year 2027. The company demonstrated substantial growth across key financial metrics, highlighting its strong operational performance and market position.
Q2 FY27 Performance
In the second quarter of FY27, Refex Industries reported a total revenue from operations of ₹560 crore, marking a significant year-on-year increase of 36.1%. The company’s EBITDA for the quarter stood at ₹91 crore, up 21.7% year-on-year. Profit After Tax (PAT) for Q2 FY27 was ₹60 crore, reflecting a growth of 13.1% compared to the previous year.
H1 FY27 Performance
For the first half of FY27, the company’s revenue from operations reached ₹1,179 crore, an impressive increase of 54.7% over the corresponding period in the previous year. EBITDA for H1 FY27 grew by 71.8% to ₹196 crore. The Profit After Tax (PAT) for the first half of FY27 was ₹133 crore, showing a strong year-on-year growth of 55.4%.
Key Business Updates
The company also provided updates on its business segments. The Ash & Coal Business secured new orders worth ₹346 crore, with an order book of ₹1,721 crore as of September 30, 2026. The Wind Business successfully completed its first set of deliveries to all three customers. Furthermore, the RGML Demerger process is anticipated to be completed in the next few months.
Financial Highlights Summary (Standalone – Continuing Operations Y-o-Y)
Q2 FY27
- Revenue: ₹560 Cr (+36.1%)
- EBITDA: ₹91 Cr (+21.7%)
- PAT: ₹60 Cr (+13.1%)
H1 FY27
- Revenue: ₹1,179 Cr (+54.7%)
- EBITDA: ₹196 Cr (+71.8%)
- PAT: ₹133 Cr (+55.4%)
Source: BSE
