Refex Industries Approves Unaudited Financial Results for Q2 & Half Year Ended Sep 30, 2025
Refex Industries Limited approves unaudited financial results for Q2 and half-year ended September 30, 2025, discontinues power trading and green mobility segments, and approves a draft Composite Scheme.
The approval of financial results and corporate restructuring activities can have a moderate impact on the company's stock performance and investor perception.
The announcement is primarily factual, reporting on the approval of financial results and other corporate decisions. Therefore, the sentiment is neutral.
* Refex Industries Limited approved the unaudited financial results for the 2nd quarter and half year ended September 30, 2025, on both standalone and consolidated bases. * The results were 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 segment during the quarter ended September 30, 2025. * The 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 of Directors 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 has incorporated a wholly-owned subsidiary, namely, ·'Refex Mobility Limited· on September 12, 2025 * Upon exercise of conversion of warrants for the second tranche, the Company allotted the remaining 75,75,000 equity shares on October 3, 2025, at an issue price of ₹125 per share, for an aggregate consideration of ₹94.68 crore. * Standalone revenue from operations stood at ₹42,321.46 lakh for the quarter ended September 30, 2025. * Consolidated revenue from operations stood at ₹42,685.34 lakh for the quarter ended September 30, 2025.
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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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