Refex Industries Ltd's Q3FY25 Quarter Results
- 28 Jan 2025
Result Summary
- Refex Industries Ltd reported a 38.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 140.0%.
- Its expenses for the quarter were up by 38.5% QoQ and 140.4% YoY.
- The net profit increased 61.1% QoQ and increased 196.3% YoY.
- The earnings per share (EPS) of Refex Industries Ltd stood at 3.9 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 741.92 | 534.73 | 309.19 | 38.7% | 140.0% |
Total Expenses | 682.61 | 492.99 | 283.99 | 38.5% | 140.4% |
Profit Before Tax | 59.31 | 42.02 | 25.19 | 41.1% | 135.5% |
Tax | 9.26 | 10.96 | 8.30 | -15.5% | 11.6% |
Profit After Tax | 50.05 | 31.06 | 16.89 | 61.1% | 196.3% |
Earnings Per Share | 3.90 | 2.60 | 7.60 | 50.0% | -48.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Refex Industries Ltd is a company engaged in multiple business segments, primarily focusing on refrigerant gases and related industries. The company is known for its involvement in the production and distribution of refrigerant gases, which are used in air conditioning, refrigeration, and other cooling systems. Additionally, Refex Industries Ltd has diversified into other sectors, including coal trading, power generation, and ash handling management. The company operates in a dynamic environment with recent strategic expansions and partnerships aimed at enhancing its market presence and operational efficiency. However, specific recent developments or strategic initiatives undertaken by the company are not available within the provided data.
Revenue
In Q3FY25, Refex Industries Ltd reported a total income of ₹741.92 crores. This represents a significant increase compared to both the previous quarter (Q2FY25), where total income was ₹534.73 crores, and the same quarter in the previous year (Q3FY24), which had a total income of ₹309.19 crores. The quarter-over-quarter (QoQ) growth rate was 38.7%, while the year-over-year (YoY) growth rate was 140.0%. These figures indicate a robust increase in revenue over the periods in question, reflecting substantial growth from both a sequential and annual perspective.
Profitability
The profitability metrics for Refex Industries Ltd in Q3FY25 show a profit before tax of ₹59.31 crores, which improved from ₹42.02 crores in Q2FY25 and ₹25.19 crores in Q3FY24. The QoQ growth in profit before tax was 41.1%, and the YoY growth was 135.5%. After accounting for taxes, the profit after tax stood at ₹50.05 crores for Q3FY25, up from ₹31.06 crores in Q2FY25 and ₹16.89 crores in Q3FY24. This marks a 61.1% increase QoQ and a 196.3% increase YoY. The tax expense for Q3FY25 was ₹9.26 crores, showing a decrease of 15.5% QoQ but an increase of 11.6% YoY. The earnings per share (EPS) for the quarter was ₹3.90, which rose by 50.0% QoQ but decreased by 48.7% YoY.
Operating Metrics
The operating metrics of Refex Industries Ltd for Q3FY25 reflect an increase in total expenses, which amounted to ₹682.61 crores. This is up from ₹492.99 crores in Q2FY25 and ₹283.99 crores in Q3FY24, representing a QoQ increase of 38.5% and a YoY increase of 140.4%. These figures indicate a substantial rise in operating costs alongside the company's revenue growth. The increase in expenses is consistent with the growth in total income, suggesting an expansion in operational activities. However, specific key financial ratios such as the P/E ratio, debt-to-equity ratio, or current ratio are not provided within the data, limiting further analysis of the company's financial health from these perspectives.
