Refex Industries Q1 FY27 Net Profit from Continuing Operations at Rs. 7,363.78 Lakhs
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 29 Jul 2026, 12:41 PM IST · BSE ID: 92abddc2-943d-4309-9245-723f53030aa0
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported its first-quarter financial results and changed a senior manager's role due to stopping its refrigerant gas business.
🤖 AI Summary
- Refex Industries' Net Profit from continuing operations for Q1 FY27 was Rs. 7,363.78 Lakhs (standalone).
- Revenue from continuing operations reached Rs. 61,925.09 Lakhs for the quarter ended June 30, 2026.
- Ms. Lalitha Uthayakumar re-designated from President – Refrigerant Gas Business to General Manager – Accounts.
- The re-designation is effective August 1, 2026, ceasing her SMP status due to Refrigerant Gas business discontinuation.
- Discontinued operations, including Power Trading and Refrigerant Gases, recorded a net loss of Rs. 24.68 Lakhs.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net Profit for the Period from continuing operations (Jun 30, 2026)
7,363.78 Lakhs
122.84
Revenue From Operations from continuing operations (Jun 30, 2026)
61,925.09 Lakhs
76.36
Basic Earnings per share from Continuing operation (Jun 30, 2026)
5.37
109.76
Net Profit /loss from Discontinuing operations (Jun 30, 2026)
(24.68) Lakhs
Not comparable — limited prior period data.
🏢 How This Affects the Company
The discontinuation of the Refrigerant Gas Business means the company's focus will shift entirely to its continuing operations, primarily Ash & Coal Handling Business, which contributed Rs. 61,049.75 Lakhs to segment revenue.
Discontinued operations resulted in a net loss of Rs. 24.68 Lakhs in Q1 FY27, impacting the overall profitability by a minor amount. The continuing operations drive the company's financial performance.
The re-alignment of organizational responsibilities following the discontinuation of the Refrigerant Gas Business indicates a structural change in the company's operations and management focus.
The explicit discontinuation of the Refrigerant Gas Business removes associated operational and market risks, consolidating the company's risk profile around its core Ash & Coal Handling segment.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this financial results and re-designation announcement.
👤
Who Is Affected
Shareholders are affected by the company's financial performance, with Basic Earnings per share from continuing operations at Rs. 5.37 for Q1 FY27, compared to Rs. 2.56 in Q1 FY26. The re-designation of Ms. Lalitha Uthayakumar and discontinuation of a business segment signifies a strategic shift.
🔍
Management Signal
Management is signaling a strategic focus on its continuing operations by discontinuing the Refrigerant Gas Business and re-aligning senior managerial responsibilities accordingly.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 financial results — review revenue and profit trends.
Updates on NCLT approval for the Scheme of Amalgamation.
Further details on the performance of the Ash & Coal Handling Business.
MEDIUM RISK
Reliance on a single primary segment (Ash & Coal Handling) post-discontinuation of other businesses could increase concentration risk.
💡 Investor Takeaway
Refex Industries reported a standalone Net Profit from continuing operations of Rs. 7,363.78 Lakhs for Q1 FY27, a 122.84% increase from Rs. 3,304.68 Lakhs in Q1 FY26. Revenue from continuing operations rose 76.36% to Rs. 61,925.09 Lakhs YoY, confirming growth in core business.
⚖️ Strengths & Concerns
✅ Positives
- Net Profit from continuing operations increased to Rs. 7,363.78 Lakhs in Q1 FY27 from Rs. 3,304.68 Lakhs in Q1 FY26.
- Revenue from continuing operations grew to Rs. 61,925.09 Lakhs in Q1 FY27 from Rs. 35,110.53 Lakhs in Q1 FY26.
⚠️ Concerns
- Net Profit from continuing operations for Q1 FY27 decreased to Rs. 7,363.78 Lakhs from Rs. 9,372.60 Lakhs in Q4 FY26.
- Revenue from continuing operations for Q1 FY27 decreased to Rs. 61,925.09 Lakhs from Rs. 70,103.07 Lakhs in Q4 FY26.
📅 Company Track Record
Refex Industries reported a Q4 FY26 PAT increase of 66.91% to Rs. 93.73 crores, with FY26 PAT at Rs. 247.19 crores (Rs. 24,719.09 Lakhs). The current Q1 FY27 net profit from continuing operations of Rs. 7,363.78 Lakhs indicates a continued growth trajectory from the previous fiscal year's performance.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Refex Industries' net profit from continuing operations in Q1 FY27?
Refex Industries reported a Net Profit from continuing operations of Rs. 7,363.78 Lakhs for the quarter ended June 30, 2026.
What was Refex Industries' revenue from continuing operations in Q1 FY27?
Revenue from continuing operations for Refex Industries was Rs. 61,925.09 Lakhs for the quarter ended June 30, 2026.
What was the Basic Earnings per share from continuing operations for Refex Industries in Q1 FY27?
The Basic Earnings per share from continuing operations for Refex Industries was Rs. 5.37 for the quarter ended June 30, 2026.
What was the net profit or loss from Refex Industries' discontinuing operations in Q1 FY27?
Refex Industries reported a Net Loss of Rs. 24.68 Lakhs from discontinuing operations for the quarter ended June 30, 2026.
What change was made to Refex Industries' Senior Managerial Personnel?
Ms. Lalitha Uthayakumar was re-designated from President – Refrigerant Gas Business to General Manager – Accounts, effective August 1, 2026, and will cease to be an SMP.
Questions based on this BSE filing only. For information purposes.