Monday, August 5, 2024

Refex Industries Limited Registers 74.78% Growth On QoQ Basis, PBT At 48.05 Crores


Refex Industries Limited (RIL), a leading conglomerate in India, reported its financial results for the first quarter ending June 30th, 2024.  The company has registered a 74.78% in revenue growth when compared to Q4 FY24.

The highlights of the Q1 FY25 results include quarter-on-quarter increase in revenue by Rs 252.27 crores from Q4 FY24 to Q1 FY25, year-on-year increase in EBITDA by Rs 8.74 crores from Q4 FY24 to Q1 FY25 and year-on-year increase in PBT by Rs 5.53 crores from Q4 FY24 to Q1 FY25.

The highlights of the Q1 FY25 results include year-on-year increase in revenue by Rs 208.28 crores from Q1 FY24 to Q1 FY25, year-on-year increase in EBITDA by Rs 15.67 crores from Q1 FY24 to Q1 FY25 and year-on-year increase in PBT by Rs 18.12 crores from Q1 FY24 to Q1 FY25.

Mr. Anil Jain, Managing Director, Refex Industries Limited, said, “The performance in April to June quarter for FY 2025 has improved from that of the same quarter last year (Q1 FY24), and also from that of the performance in the previous quarter (Q4 FY24). We are confident of further building on this performance in the coming quarters and are confident of delivering a strong year.”    

Q-o-Q increase in revenue by Rs 252.27 crores (74.78%) from Q4 FY24 to Q1 FY25.

Q-o-Q increase in EBITDA by Rs 8.74 crores (20.10%) from Q4 FY24 to Q1 FY 25.

Q-o-Q increase in PBT by Rs 5.53 crores (13.02%) from Q4 FY24 to Q1 FY25.

Y-o-Y increase in revenue by Rs 208.28 crores (54.62%) from Q1 FY24 to Q1 FY25.

Y-o-Y increase in EBITDA by Rs 15.67 crores (42.85%) from Q1 FY24 to Q1 FY 25.

Y-o-Y increase in PBT by Rs 18.12 crores (60.56%) from Q1 FY24 to Q1 FY25.

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