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(29 Nov 2025, 14:09)

Refex Industries bags contract for transporting pond ash worth Rs 32.89 crore

Refex Industries said that it has procured an order for transportation of pond ash to NHAI road projects.


This domestic contract has to be executed within a period of 5 months.

The total value of this contract is Rs 32.89 crore.

Chennai-based Refex Industries has built a portfolio spanning ash and coal handling, wind energy, and green mobility solutions.

The company’s consolidated net profit jumped 20.5% to Rs 37.44 crore despite 0.3% decline in revenue from operations to Rs 426.85 crore in Q2 Sept 2025 over Q2 Sept 2024.

The scrip had surged 8.23% to end at Rs 346.70 on the BSE on Friday.


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