Refex Industries Secures Rs 43.71 Crore Order for Ash Transportation to NHAI Projects
Refex Industries secures Rs 43.71 crore order for pond ash transportation to NHAI road projects. Company reports 20.5% rise in Q2 net profit despite minor revenue decline.
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.