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ItemsThatWillBeReclassifiedToProfitAndLoss1

5328842025-04-012025-06-30

ItemsThatWillBeReclassifiedToProfitAndLoss2

iso4217:INRiso4217:INRxbrli:shares

532884

REFEX

NOTLISTED

INE056I01025

REFEX INDUSTRIES LIMITED

Main Board

Equity

2025-04-01

2026-03-31

2025-08-12

2025-08-05

INR

Lakhs

Quarterly

First quarter

Multi segment

2025-08-12

13:47:00

2025-08-12

15:45:00

Not applicable

2025-04-01

2025-06-30

Unaudited

Consolidated

3832494000

106500000

3938994000

1802556000

1587952000

-162416000

140315000

99291000

141389000

85660000

3694747000

244247000

79743000

-40940000

38803000

205444000

-2296000

-578000

-1718000

203726000

-4334000

199392000

211721000

-7995000

210526000

-11134000

258561000

1.59

1.51

-0.01

1.58

1.5

Other Expenses

85660000

Ash & Coal Handling Business

3470789000

Refrigerant Gas- Manufacturing(Refilling) and Sales

141502000

Sale of Service

Power Trading

6135000

Solar Power - Generation and Related Activities

27284000

Green Mobility

172359000

Wind Power

7580000

Others

12980000

Unallocable Expenditure

3838629000

Ash & Coal Handling Business

408642000

Refrigerant Gas- Manufacturing(Refilling) and Sales

1282000

Sale of Service

Power Trading

-2296000

Solar Power - Generation and Related Activities

11828000

Green Mobility

-86247000

Wind Power

-37321000

Others

1258000

Unallocable Expenditure

-62404000

234742000

99291000

-106500000

241951000

Ash & Coal Handling Business

11112543000

Refrigerant Gas- Manufacturing(Refilling) and Sales

335209000

Sale of Service

Power Trading

154347000

Solar Power - Generation and Related Activities

514171000

Green Mobility

1904551000

Wind Power

816436000

Others

15088000

Unallocable Expenditure

14852345000

2869539000

17721884000

Ash & Coal Handling Business

2507616000

Refrigerant Gas- Manufacturing(Refilling) and Sales

34385000

Sale of Service

Power Trading

11459000

Solar Power - Generation and Related Activities

629586000

Green Mobility

1007896000

Wind Power

277252000

Others

Unallocable Expenditure

4468194000

13253690000

17721884000

The above Consolidated unaudited financial results of the group 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 The Statutory auditors of the company have carried out their limited review on the above results for the Quarter ended 30th June 2025 The financial results of the group have been prepared in accordance with the Indian Accounting Standards INDAS as prescribed under section 133 of the Companies Act 2013 The Group's business activities falls into the following segments: Ash and Coal Handling Business Solar Power Generation and Related Activities Refrigerant Gases Manufacturing Refilling Sale of Services Power Trading Green Mobility Windpower and Other segmentOther segment currently includes solar module trading Unallocable expenditures includes those expenses which are common for the entire enterprise 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 The above Loss from discontinuing operation with respect to power trading segment consist of Revenue of Rs 6135 Lakhs and Purchases of power trading for Rs 8431 Lakhs resulting in Loss before tax of discontinued operation of an amount Rs 2296 Lakhs and Tax Expense of Rs 578 Lakhs resulting in Loss after tax of discontinued operation of an amount Rs 1718 Lakhs The Company on July 22 2024 has made allotment of 5000000 equity shares of face value on Rs 2 each to Refex Holding Private Limited Previously know as Sherisha Technologies Private Limited Promoter of the Company upon exercise of conversion of Warrants at an issue price of Rs 25 per share overall value Rs625 Crores and received the balance consideration of 75 percent ie Rs 4688 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 On November 07 2024 the company made allotment of 81 77068 equity shares for an aggregate amount of Rs 38269 Crores being 100 percent upfront consideration and 11170000 warrants for an aggregate amount of Rs 3069 crores being 25 percent upfront consideration Out of the proceeds from preferential issues as stated above the Company has utilized an amount ofRs49988 crores towards purposes objects specified in the explanatory statements to the Notices seeking shareholders approval for preferential issues During the Quarter the company has recognised unrealised gain on RKG Fund for 8.72 Crores under INDAS 109 which is included in other income The Company on June 05 2025 has made allotment of 98334 equity shares of Rs2 each in lieu of exercise of vested Employee Stock Options ESOPs under Refex Employee Stock Option Scheme 2021 to the eligible employees pursuant to exercise of options granted thereunder This is in addition to the allotment of 294530 equity shares of face value of Rs 2each made in the month of January 2025 The Authorized Share Capital of the Company has been increased from Rs 40 Crore divided into 175000000 Seventeen Crore Fifty Lakh Only equity shares of Rs 21 each and 500000 Five Lakh cumulative redeemable preference shares of Rs 100 each to Rs100 Crore divided into 475000000 Forty Seven Crore and Fifty Lakh equity shares on Rs 2 each and 500000 Five Lakh cumulative redeemable preference shares ofRs100 each vide shareholders approval in the 23rd Annual General Meeting held on July 18 2025 In August 2025 the part of outstanding unsecured loan of Rs 599321575 Rupees Fifty Nine Crore Ninety Three Lakh Twenty One Thousand Five Hundred and Seventy Five Only is being converted into 34693 equity shares of VRPL at a face value of Rs 10 each and premium of Rs 17265 each Pursuant to the conversion the Company's shareholding in VRPL will increase from 6700percent 67000 equity shares to 75.50 percent 101693 equity shares thereby increasing the stake by 8.50percent Figures have been regrouped reclassified restated to make them comparable to the figures wherever necessary Figures in brackets are representing negative values

Profit / (Loss) due to cash flow hedge

-4060000

Remeasurements of defined benefit plan actuarial gains/ (losses)

-274000

-4334000