Refex Industries Approves Unaudited Financial Results for Q2 & Half Year Ended Sep 30, 2025
Refex Industries approves unaudited financial results for Q2 and half-year ended September 30, 2025; discontinues power trading and green mobility segments; approves amalgamation scheme.
The approval of financial results and the discontinuation of certain business segments have a moderate impact on the company's operations and financial structure. The approval of the Composite Scheme of Amalgamation can have a significant impact.
The announcement is a factual disclosure of the company's financial results and corporate actions, with no explicitly positive or negative tone.
* Refex Industries Limited approved the unaudited financial results for the 2nd quarter and half year ended September 30, 2025, on both standalone and consolidated basis. * The results have been reviewed by the Audit Committee and Statutory Auditors, M/s A B C D & Co LLP. * The company discontinued its Power Trading and Green Mobility segments during the quarter ended September 30, 2025. * Investments and loans extended to Refex Green Mobility Limited and Refex EV Fleet Services Private Limited have been classified as assets held for sale. * The Board approved a draft Composite Scheme of Amalgamation and Arrangement amongst Refex Green Mobility Limited, Refex Industries Limited, and Refex Mobility Limited on September 22, 2025. * The company's business segments include Ash & Coal Handling, Refrigerant Gas-Manufacturing, Solar Power Generation, and others. * Net segment revenue from continuing operations stood at ₹42,321.46 lakh for the quarter ended September 30, 2025. * The company incorporated a wholly-owned subsidiary, Refex Mobility Limited, on September 12, 2025, with an initial share capital of ₹1 lakh.
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Refex Industries Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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