REFEX Refex Industries Q4 FY25 results (Jan–Mar 2025) and concall
Refex Industries reported strong financial performance for Q4 and FY25, with significant year-on-year growth in both revenue and net profit across standalone and consolidated metrics. The Ash & Coal Handling and Green Mobility segments showed robust expansion, with the EV fleet growing substantially. However, the company faced negative cash flow and increased debtor days, which management attributed to rapid business growth and is working to normalize. Refex also entered the wind turbine manufacturing sector and aims for a 10% PAT margin in the coming years.
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What they filed
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 |
|---|---|---|---|
| Revenue | 428 | 686 | 594 |
| EBITDA | 43 | 53 | 60 |
| Net profit | 31 | 50 | 48 |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
