Refex Industries Secures Rs 43.71 Crore Order for Ash Transportation to NHAI Projects

New Delhi: Refex Industries has announced that it has bagged an order worth Rs 43.71 crore from a large business conglomerate for the transportation of pond ash to NHAI road projects.

The project is slated to be executed over a four-month period, strengthening the company’s footprint in infrastructure logistics.

Chennai-based Refex Industries has a diversified portfolio spanning ash and coal handling, wind energy, and green mobility solutions. The company reported a consolidated net profit of Rs 37.44 crore, up 20.5% year-on-year, despite a slight 0.3% decline in revenue from operations to Rs 426.85 crore for Q2 ending September 2025.

On the stock front, Refex Industries shares were trading at Rs 253.45 on BSE, down 1.55% during the day.