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Generation and Related Activities27284000Others12980000Unallocable Expenditure036586900003658690000Ash & Coal Handling Business408643000Refrigerant Gas- Manufacturing(Refilling) and Sales1282000Sale of Service0Power Trading-2296000Solar Power - Generation and Related Activities11828000Others1258000Unallocable Expenditure-6285900035785600057866000-113410000413400000Ash & Coal Handling Business11112543000Refrigerant Gas- Manufacturing(Refilling) and Sales335209000Sale of Service0Power Trading154347000Solar Power - Generation and Related Activities514171000Others15088000Unallocable Expenditure012131358000447740900016608767000Ash & Coal Handling Business2507616000Refrigerant Gas- Manufacturing(Refilling) and Sales34385000Sale of Service0Power Trading11459000Solar Power - Generation and Related Activities629586000Others0Unallocable Expenditure031830460001342572100016608767000The above standalone unaudited financial results of the Company for the Quarter ended 30th June 2025 have been reviewed by the Audit Committee and approved by the Board at their meeting held on August 11 2025 and August 12 2025 respectively. <BR> The Statutory auditors of the company have carried out their limited review on the above results for the Quarter ended 30th June 2025. <BR> The financial results of the company have been prepared in accordance with the Indian Accounting Standards IND-AS as prescribed under section 133 of the Companies Act 2013. <BR> The Company's business activities falls into the following segments: Ash & Coal 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. Unallocable expenditure includes those expenses which are common for the entire enterprise. <BR> Power trading segment has not been a significant profit driver for Refex with low volumes lower margins high compliance costs and limited strategic fit with our core logistics and energy infrastructure strengths. Hence the board on its meeting held on August 12 2025 has approved the discontinuation of Power-Trading business subject to all statutory and Regulatory approvals. This process includes Surrendering the trading license settling all statutory obligations and transparently communicating the rationale for exiting to key stakeholders. As a result the activity qualifies as a discontinued operation under Ind AS 105. Accordingly the company has disclosed the profit from discontinued operations separately from the profit from continuing operations in the Statement of Profit and Loss. <BR> The above Loss from discontinuing operation with respect to power trading segment consist of Revenue of Rs. 61 .35 Lakhs and Purchases of power trading for Rs. 84.31 Lakhs resulting in Loss before tax of discontinued operation of an amount Rs. 22.96 Lakhs and Tax Expense of Rs. 5.78 Lakhs resulting in Loss after tax of discontinued operation of an amount Rs. 17 .18 Lakhs <BR> The Company on July 22 2024 has made allotment of 5000000 equity shares of face value of Rs 2 each to Refex Holding Private Limited Previously known as Sherisha Technologies Private Limited Promoter of the Company upon exercise of conversion of Warrants at an issue price of Rs 125 per share overall value Rs 62.5 Crores and received the balance consideration of 75percent i.e. Rs 46.88 Crores pursuant to the preferential allotment approved by way of special resolutions passed by the shareholders in the EOGM of the Company held on March 27 2024. <BR> On November 07 2024 the company made allotment of 8177068 equity shares for an aggregate amount of Rs 382.69 Crores being 100percent upfront consideration and 11170000 warrants for an aggregate amount of Rs 130.69 crores being 25percent upfront consideration. <BR> Out of the proceeds from preferential issues as stated above the Company has utilized an amount of Rs 499.88 crores towards purposes objects specified in the explanatory statements to the Notices seeking shareholders' approval for preferential issues. <BR> During the Quarter the company has recognised unrealised gain on RKG Fund for 8.72 Crores under IND-AS 109 which is included in other income. <BR> The Company on June 05 2025 has made allotment of 98334 equity shares on Rs 2 each in lieu of exercise of vested Employee Stock Options under Refex Employee Stock Option Scheme 2021 to the eligible employees pursuant to exercise of options granted thereunder. <BR> This is in addition to the allotment of 294530 equity shares of face value of Rs 2each made in the month of January 2025. <BR> The Authorized Share Capital of the Company has been increased from Rs 40 Crore divided into 175000000 Seventeen Crore Fifty Lakh Only equity shares Rs 2 each and 500000 Five Lakh cumulative redeemable preference shares Rs 100 each to Rs 100 Crore divided into 475000000 Forty Seven Crore and Fifty Lakh equity shares of Rs 2 each and 500000 Five Lakh cumulative redeemable preference shares of Rs 100 each vide shareholders approval in the 23rd Annual General Meeting held on July 18 2025. <BR> Figures have been re-grouped re-classified restated to make them comparable to the figures wherever necessary. <BR> Figures in brackets are representing negative values. <BR> 0Profit / (Loss) due to cash flow hedge5453000Remeasurements of defined benefit plan actuarial gains/ (losses)-255000519800005198000Preferential Issues2024-03-286250000002025-06-30trueCARE Ratings LimitedfalseThe Audit Committee has noted there was no deviation/ variation in the utilization of funds raised through Preferential Issue of Shares/ WarrantsNILAnkit PoddarCompany Secretary and Compliance OfficerChennai2025-08-12Preferential Issues2024-04-1115719000002025-06-30trueCARE Ratings LimitedfalseThe Audit Committee has noted there was no deviation/ variation in the utilization of funds raised through Preferential Issue of Shares/ WarrantsNILPreferential Issues2024-11-0738269000002025-06-30trueCARE Ratings LimitedfalseThe Audit Committee has noted there was no deviation/ variation in the utilization of funds raised through Preferential Issue of Shares/ WarrantsNILPreferential Issues2024-11-0713068900002025-06-30trueCARE Ratings LimitedfalseThe Audit Committee has noted there was no deviation/ variation in the utilization of funds raised through Preferential Issue of Shares/ WarrantsNIL