REFEX Refex Industries Q4 FY26 results (Jan–Mar 2026) and concall
Refex Industries reported strong Q4 and FY26 results, driven by robust performance in its Ash & Coal Handling and nascent Wind Energy segments. The company achieved significant margin expansion due to an improved business mix and operational efficiencies, despite a slight moderation in overall FY26 revenue. Strategic initiatives like the mobility business demerger and localization efforts in wind energy are underway to unlock further value and sustain growth.
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
What they filed
Q4 FY26: revenue up 57.2%, net profit up 95.8% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|
| Revenue | 428 | 686 | 594 | 352 | 415 −3% | 576 −16% | 934 +57% |
| EBITDA | 43 | 53 | 60 | 37 | 71 +65% | 90 +70% | 160 +167% |
| Net profit | 31 | 50 | 48 | 20 | 36 +16% | 53 +6% | 94 +96% |
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.





