Refex Industries Ltd reported a strong set of earnings for the quarter ended March 2026, with revenue and profitability rising sharply on the back of robust operational performance across businesses.
The company’s consolidated revenue from operations for Q4FY26 stood at ₹934.17 crore, significantly higher than ₹594.47 crore reported in the corresponding quarter last year.
Based on the reported financials, EBITDA for the quarter came in at ₹159.52 crore compared with ₹60.14 crore in Q4FY25. EBITDA margin improved sharply to 17.1% from 10.1% a year earlier.
Net profit from continuing and discontinuing operations for the quarter stood at ₹94.45 crore, nearly doubling from ₹47.92 crore reported in the corresponding quarter last year.
Total income during the quarter rose to ₹938.10 crore from ₹610.47 crore in Q4FY25.
The company reported total expenses of ₹790.13 crore during Q4FY26 compared with ₹542.51 crore in the year-ago period. Cost of materials and services consumed increased to ₹758.20 crore from ₹513.50 crore, reflecting higher business activity and execution during the quarter.
Employee benefits expense declined to ₹7.72 crore from ₹9.26 crore in Q4FY25, while finance costs increased to ₹10.15 crore from ₹5.15 crore. Depreciation and amortisation expenses rose to ₹5.33 crore from ₹3.02 crore in the corresponding quarter last year.
Profit before tax from continuing operations rose sharply to ₹147.98 crore during the quarter compared with ₹67.96 crore reported a year ago.
The company also reported a loss from discontinuing operations of ₹11.53 crore during Q4FY26, compared with a loss of ₹12.78 crore in the year-ago period.
Total comprehensive income attributable to owners of the company stood at ₹95.72 crore for the quarter against ₹47.12 crore reported in Q4FY25.
The strong quarterly performance reflects substantial improvement in operational profitability, with margins expanding significantly on a year-on-year basis.
Disclaimer: This article is based on company filings and publicly available financial disclosures. Investors are advised to consult certified financial advisors before making investment decisions.