REFEX2023-04-012023-06-30 REFEX2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member REFEX2023-06-30 REFEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue01Member REFEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue02Member REFEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue03Member REFEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue04Member REFEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue05Member REFEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue06Member REFEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue07Member REFEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults01Member REFEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults02Member REFEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults03Member REFEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults04Member REFEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults05Member REFEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults06Member REFEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults07Member REFEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets01Member REFEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets02Member REFEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets03Member REFEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets04Member REFEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets05Member REFEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets06Member REFEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets07Member REFEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities01Member REFEX2023-06-30in-bse-fin:OneReportableSegmentLiabilities01Member REFEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities02Member REFEX2023-06-30in-bse-fin:OneReportableSegmentLiabilities02Member REFEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities03Member REFEX2023-06-30in-bse-fin:OneReportableSegmentLiabilities03Member REFEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities04Member REFEX2023-06-30in-bse-fin:OneReportableSegmentLiabilities04Member REFEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities05Member REFEX2023-06-30in-bse-fin:OneReportableSegmentLiabilities05Member REFEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities06Member REFEX2023-06-30in-bse-fin:OneReportableSegmentLiabilities06Member REFEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities07Member REFEX2023-06-30in-bse-fin:OneReportableSegmentLiabilities07Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532884 REFEX NA Refex Industries Limited Equity 2023-04-01 2024-03-31 2023-08-03 2023-07-26 INR Lakhs First quarter 11:45:00 13:30:00 2023-08-03 2023-08-03 Not applicable Multi segment 2023-04-01 2023-06-30 Unaudited Standalone 3813663000.00 19338000.00 3833001000.00 652067000.00 2664329000.00 25264000.00 35115000.00 62545000.00 21479000.00 71151000.00 3531950000.00 301051000.00 -1729000.00 299322000.00 81113000.00 -1927000.00 79186000.00 0.00 220136000.00 0.00 0.00 0.00 0.00 220136000.00 0.00 220136000.00 0.00 0.00 221070000.00 10 9.96 9.92 0.00 0.00 9.96 9.92 1. The above standalone unaudited financial results of the Company for the quarter ended 30th June 2023 have been reviewed by the Audit Committee and approved by the Board at their meeting held on 03rd August, 2023. The Statutory auditors of the company have carried out their limited review on the above results for the quarter ended 30th June, 2023. 2. The financial results of the company have been prepared in accordance with the Indian Accounting Standards (IND-AS) as prescribed u/s 133 of the Companies Act 2013. 3. The Company’s business activities falls into the following segments: Coal trading & Ash Handling Business, Solar Power – Generation and Related Activities, Refrigerant Gases - Manufacturing (Refilling), Sale of Services, Power Trading and Other segment which currently includes solar module trading. Corporate segment includes those expenses which are common for the entire enterprise. 4. During the quarter under consideration, M/s. Refex Green Mobility Limited has become a Wholly-owned subsidiary of Refex Industries Limited, w.e.f. 17th April, 2023 by virtue of Section 89(2) of the Companies Act, 2013 pursuant to rule 9(3) of the Companies (Management & Administration) Rules, 2014. 5. During the current quarter, an assessment order confirming the demand of Rs.3,567.22 Lakhs pertaining to the assessment year 2016-17 was raised by Income Tax vide order dated May 31,2023 under Section 143(3) r.w.s 147 of Income Tax Act, 1961. The management is in the opinion that the order passed in violation of principles of natural justice and the company has filed a writ petition before the Hon'ble Madras High Court. The matter was heard before the Hon'ble High Court and an interim stay order was granted on 30th June, 2023. 6. During the current quarter an exceptional item amounting to Rs.17.29 lakhs has been debited to the P&L account towards diminution in the value of investments. 7. The company has granted the stock options to the tune of 57,840 options to the employees during the current quarter. Other conditions for the grant of the stock options are same as per the original scheme 8. Figures have been re-grouped/re-classified to make them comparable to the figures wherever necessary. 9. Figures in brackets are representing the negative values. Other expenses 71151000.00 Coal & Ash Handling Business 681251000.00 Corporate 0.00 Others 0.00 Power Trading 2672658000.00 Refrigerant Gas - Manufacturing (Refilling) and Sales 227015000.00 Sale of Service 201431000.00 Solar Power - Generation and Related Activities 31308000.00 3813663000.00 3813663000.00 Coal & Ash Handling Business 214135000.00 Corporate -24462000.00 Others 0.00 Power Trading 2228000.00 Refrigerant Gas - Manufacturing (Refilling) and Sales 11068000.00 Sale of Service 123210000.00 Solar Power - Generation and Related Activities 18079000.00 344258000.00 62545000.00 -17609000.00 299322000.00 Coal & Ash Handling Business 2364500000.00 Corporate 2296083000.00 Others 0.00 Power Trading 1838257000.00 Refrigerant Gas - Manufacturing (Refilling) and Sales 293542000.00 Sale of Service 10702000.00 Solar Power - Generation and Related Activities 595439000.00 7398523000.00 Coal & Ash Handling Business 516619000.00 Corporate 4218513000.00 Others 0.00 Power Trading 1845821000.00 Refrigerant Gas - Manufacturing (Refilling) and Sales 22480000.00 Sale of Service 92312000.00 Solar Power - Generation and Related Activities 702778000.00 7398523000.00 0.00 0.00