Refex Industries Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

Revenue growth in latest quarter shows a significant increase of 42.6% year-on-year, indicating strong demand trends.
Net profit margin improved to 69.7% in Q4 2023, showcasing enhanced operational efficiency.
Operating profit increased to ₹29.35 crore, reflecting better cost management from previous quarters.

NEGATIVES

Revenue decreased by 14.3% from Q3 to Q4 2023, signaling potential seasonality or market challenges.
Net profit fell to ₹16.89 crore in Q3 2023, down 21.1% from previous quarter, indicating pressure on margins.
Material costs rose notably, impacting overall profitability despite revenue growth.

Field	Jun 23	Sep 23	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25	Sep 25
Revenue	382.33	352.21	305.99	342.35	590.94	427.99	717.13	627.76	383.25	426.85
Expenses	345.93	318.04	271.70	301.10	542.53	385.13	666.01	563.94	345.41	356.37
Operating Profit	36.40	34.17	34.29	41.25	48.41	42.87	51.12	63.82	37.84	70.48
Other Income	1.87	5.22	3.19	7.96	2.09	7.40	24.79	16.13	10.65	5.20
Interest	6.38	6.18	8.31	8.50	5.84	3.54	7.69	8.81	9.93	6.62
Depreciation	2.51	2.90	3.98	4.16	5.61	2.35	8.91	11.62	14.14	5.15
Profit Before Tax	29.21	30.35	25.19	36.58	39.05	44.38	59.31	59.52	24.42	63.91
Tax	7.94	8.91	8.30	3.21	9.71	11.39	9.26	11.60	3.88	18.62
Net Profit	21.27	21.44	16.89	33.38	29.35	31.06	50.05	47.92	20.37	36.19
Eps in Rs	1.92	1.94	1.53	3.02	2.54	2.60	3.99	3.71	1.59	2.80