REFEX

What Refex Industries promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 24 tracked 3 delivered 10 missed 11 open
  • Power Trading Business Exit delivered said Q1 FY26 Promised: Wind down by end of Q2 FY26 Q1 FY27: Remains achieved. Business was discontinued in prior quarters.
  • EV Fleet Size went quiet said Q4 FY25 Promised: 5,000 EVs by FY27 Q1 FY27: No update on EV fleet size. Focus remains on the mobility business demerger, which is progressing with shareholder meetings scheduled.
  • Mobility Business Demerger delayed said Q3 FY26 Promised: By end of April 2026 Q1 FY27: Delayed again. The previous 60-90 day timeline from June 1 is pushed. New guidance is for completion by the end of Q3 FY27.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 24 tracked commitments for Refex Industries — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens