Refex Industries, a wind options supplier, on Thursday reported 43.60 per cent rise in consolidated net profit at ₹47.92 crore for the quarter ended March 31, 2025.
It had posted ₹33.37 crore net profit within the January-March quarter of 2023-24, the corporate stated in an change submitting.
Within the fourth quarter, the corporate’s whole revenue rose to ₹643.88 crore, up 83.80 per cent, over ₹350.31 crore in the identical quarter a 12 months in the past.
For the complete FY25, the net profit rose by 70.34 per cent to ₹158.38 crore, from ₹92.97 crore within the year-ago quarter.
Refex Industries Chairman & Managing Director Anil Jain stated, “Our efficiency displays the power of our diversified enterprise mannequin and the strategic realignments we’ve made throughout key verticals.”
“Within the renewable power house, we superior our clear power technique with the formation of Venwind Refex Energy that can give attention to manufacturing, provide and commissioning of wind generators,” he added.
Through the quarter, one other step-down subsidiary, Venwind Refex Energy Companies Ltd was included, which can undertake operations and upkeep (O&M) providers, he stated.
Venwind Refex Energy Ltd (VRPL) secured its first main order to provide 153.7 MW of wind turbine mills to Torrent Energy for a undertaking in Karnataka throughout the quarter.
Revealed on April 24, 2025
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