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Refex Industries Limited ( (IN:REFEX) ) has provided an announcement.
Refex Industries Limited reported unaudited financial results for Q2 FY26, showing a significant improvement in performance despite challenges from early monsoon impacts. The company achieved a 15% sequential revenue growth to ₹431 crore, with EBITDA margins expanding from 10.9% to 17.4%. The Ash & Coal Handling segment recovered well, supported by new project ramp-ups. The results highlight Refex’s focus on disciplined execution, cost efficiency, and sustainable growth, positioning it strongly for the second half of the year.
More about Refex Industries Limited
Refex Industries Limited, established in 2002 and headquartered in Chennai, is a leader in sustainability-driven solutions in India. The company has a diverse portfolio that includes Ash & Coal Handling, Green Mobility initiatives through a wholly owned subsidiary, and Wind energy solutions via another subsidiary. Refex is committed to advancing solutions that address environmental challenges, contributing to a greener and more sustainable future for India.
Average Trading Volume: 82,666
Technical Sentiment Signal: Buy
Current Market Cap: 48.45B INR
Learn more about REFEX stock on TipRanks’ Stock Analysis page.