REFEX Q2 FY27 results at a glance
REFEX INDUSTRIES LIMITED Q2 FY27 key results metrics| Quarter | Q2 FY27 |
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| Quarter ended | 30 Sept 2026 |
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| Revenue | ₹761 cr |
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| Revenue YoY | +83.6% |
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| Operating profit | ₹95.55 cr |
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| Operating margin | 12.6% |
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| Net profit | ₹50.09 cr |
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| Net profit YoY | — |
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| Net profit QoQ | -21.5% |
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| Net margin | 6.6% |
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| Basic EPS | ₹3.69 |
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| TTM revenue | ₹3,188 cr |
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| TTM net profit | ₹259 cr |
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| TTM net margin | 8.1% |
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REFEX Q2 FY27 results: what the numbers say
REFEX INDUSTRIES LIMITED (REFEX) has reported its Q2 FY27 results for the quarter ended 2026-09-30. The company posted revenue of ₹761 cr and a net profit of ₹50.09 cr, translating into earnings per share of ₹3.69.
Compared with the same quarter a year earlier, revenue grew sharply by +83.6% and net profit changed .
Operating profit for the quarter stood at ₹95.55 cr, an operating margin of 12.6% versus 15.9% a year ago — a contraction of 3.4 percentage points.
REFEX quarter-wise results table
Operating profit
₹95.55 cr
+44.6% YoY
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REFEX INDUSTRIES LIMITED (REFEX) quarter-wise results — revenue, operating profit, net profit, margins, EPS and growth| Quarter | Revenue | Operating profit | Net profit | OPM | Net margin | EPS | Profit YoY | Profit QoQ |
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| Q2 FY272026-09-30 | ₹761 cr | ₹95.55 cr | ₹50.09 cr | 12.6% | 6.6% | ₹3.69 | — | -21.5% |
| Q1 FY272026-06-30 | ₹916 cr | ₹101 cr | ₹63.8 cr | 11.0% | 7.0% | ₹4.65 | +201.3% | -29.8% |
| Q4 FY262026-03-31 | ₹934 cr | ₹154 cr | ₹90.82 cr | 16.5% | 9.7% | ₹6.62 | — | +68.4% |
| Q3 FY262025-12-31 | ₹576 cr | ₹84.72 cr | ₹53.92 cr | 14.7% | 9.4% | ₹3.94 | — | — |
| Q2 FY262025-09-30 | ₹415 cr | ₹66.08 cr | — | 15.9% | — | — | — | — |
| Q1 FY262025-06-30 | — | — | ₹21.17 cr | — | — | ₹1.64 | — | — |
| TTM (last 4 quarters) | ₹3,188 cr | ₹436 cr | ₹259 cr | 13.7% | 8.1% | ₹18.90 | — | — |
Consolidated figures as reported to the exchanges, shown in ₹ crore. OPM = operating profit margin. Updated automatically whenever a new quarter is filed.
REFEX quarterly income statement
Line-item results for the last six quarters as filed — sales, expenses, operating profit, interest, tax and profit after tax in ₹ crore.
REFEX INDUSTRIES LIMITED quarterly income statement| Particulars | Q2 FY272026-09-30 | Q1 FY272026-06-30 | Q4 FY262026-03-31 | Q3 FY262025-12-31 | Q2 FY262025-09-30 | Q1 FY262025-06-30 |
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| Revenue / Sales | ₹761 cr | ₹916 cr | ₹934 cr | ₹576 cr | ₹415 cr | — |
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| Total expenses | ₹666 cr | ₹815 cr | ₹780 cr | ₹491 cr | ₹349 cr | — |
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| Gross profit | ₹127 cr | ₹135 cr | ₹176 cr | ₹110 cr | ₹87.46 cr | — |
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| Operating profit (EBIT) | ₹95.55 cr | ₹101 cr | ₹154 cr | ₹84.72 cr | ₹66.08 cr | — |
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| Operating margin | 12.6% | 11.0% | 16.5% | 14.7% | 15.9% | — |
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| Interest cost | ₹16.92 cr | ₹12.92 cr | ₹10.15 cr | ₹9.14 cr | — | ₹6.17 cr |
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| Profit before tax | ₹80.67 cr | ₹101 cr | ₹148 cr | ₹81.38 cr | ₹64.66 cr | — |
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| Tax expense | ₹21.12 cr | ₹26.02 cr | ₹42 cr | ₹20.04 cr | ₹18.81 cr | — |
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| Effective tax rate | 26.2% | 25.9% | 28.4% | 24.6% | 29.1% | — |
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| Net profit (PAT) | ₹50.09 cr | ₹63.8 cr | ₹90.82 cr | ₹53.92 cr | — | ₹21.17 cr |
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| Net profit margin | 6.6% | 7.0% | 9.7% | 9.4% | — | — |
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| Basic EPS | ₹3.69 | ₹4.65 | ₹6.62 | ₹3.94 | — | ₹1.64 |
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| Diluted EPS | ₹3.64 | ₹4.59 | ₹6.54 | ₹3.89 | ₹2.65 | — |
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REFEX results growth — YoY and QoQ
Quarterly growth rates, year on year and quarter on quarter| Growth | Q2 FY27 | Q1 FY27 | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 |
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| Revenue YoY | +83.6% | — | — | — | — | — |
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| Revenue QoQ | -16.9% | -1.9% | +62.2% | +38.9% | — | — |
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| Operating profit YoY | +44.6% | — | — | — | — | — |
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| Operating profit QoQ | -5.5% | -34.4% | +82.0% | +28.2% | — | — |
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| Net profit YoY | — | +201.3% | — | — | — | — |
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| Net profit QoQ | -21.5% | -29.8% | +68.4% | — | — | — |
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| EPS YoY | — | +183.5% | — | — | — | — |
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| EPS QoQ | -20.6% | -29.8% | +68.0% | — | — | — |
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REFEX annual results history
Full-year performance for REFEX INDUSTRIES LIMITED, useful for reading each quarter in context.
REFEX INDUSTRIES LIMITED annual income statement| Particulars | FY262026-03-31 | FY252025-03-31 | FY242024-03-31 | FY232023-03-31 |
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| Revenue / Sales | ₹2,275 cr | ₹2,252 cr | ₹1,377 cr | ₹1,618 cr |
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| Total expenses | ₹1,929 cr | ₹2,054 cr | ₹1,239 cr | ₹1,449 cr |
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| Gross profit | ₹432 cr | ₹255 cr | ₹187 cr | ₹195 cr |
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| Operating profit (EBIT) | ₹346 cr | ₹198 cr | ₹139 cr | ₹169 cr |
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| Operating margin | 15.2% | 8.8% | 10.1% | 10.4% |
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| Interest cost | ₹29.22 cr | ₹12.65 cr | ₹17.2 cr | ₹9.24 cr |
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| Profit before tax | ₹330 cr | ₹228 cr | ₹121 cr | ₹156 cr |
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| Tax expense | ₹88.05 cr | ₹48.74 cr | ₹28.35 cr | ₹40.33 cr |
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| Effective tax rate | 26.6% | 21.3% | 23.4% | 25.8% |
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| Net profit (PAT) | ₹203 cr | ₹159 cr | ₹93.87 cr | ₹116 cr |
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| Net profit margin | 8.9% | 7.1% | 6.8% | 7.2% |
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| Basic EPS | ₹15.28 | ₹12.96 | ₹8.40 | ₹10.78 |
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| Diluted EPS | ₹15.07 | ₹12.33 | ₹8.36 | ₹10.77 |
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Revenue trend and demand read-through
Topline for Q2 FY27 came in at ₹761 cr against ₹415 cr in Q2 FY26, and ₹916 cr in the preceding Q1 FY27 quarter.
On a sequential basis revenue declined -16.9%. Sequential moves are the quickest read on demand momentum because they strip out the base effect of a year-old quarter, though seasonality can distort a single quarter.
Total expenses for the quarter were ₹666 cr, or 87.4% of revenue, with operating profit grew +44.6% year on year.
Margins, tax and profitability
Net profit of ₹50.09 cr works out to a net margin of 6.6%.
Below the operating line, REFEX INDUSTRIES LIMITED reported profit before tax of ₹80.67 cr, a tax charge of ₹21.12 cr (effective rate 26.2%), interest cost of ₹16.92 cr. Reading these together with operating profit shows how much of the quarter's earnings were driven by the core business versus financing and tax movements.
Sequentially, net profit moved from ₹63.8 cr in Q1 FY27 to ₹50.09 cr in Q2 FY27, a change of -21.5%.
Trailing twelve months and annual context
Across the trailing four quarters REFEX INDUSTRIES LIMITED has generated revenue of ₹3,188 cr and net profit of ₹259 cr, a trailing net margin of 8.1%. The trailing view smooths out one-off quarters and is the number most valuation multiples are built on.
On a full-year basis, FY26 revenue was ₹2,275 cr with net profit of ₹203 cr and EPS of ₹15.28, versus the prior year where revenue grew +1.0% and profit grew +28.1%.
What to watch in the next REFEX quarter
For the coming quarters the numbers worth tracking on this page are revenue momentum, the operating margin trend, the interest burden and whether EPS keeps pace with profit growth. A single weak quarter matters less than the direction over three to four consecutive quarters.
No next results date is available in the board-meeting calendar. Statement figures update when Yahoo Finance makes them available; this is not an immediate exchange-filing feed.
Financial figures here are supplied through Yahoo Finance fundamentals and shown in ₹ crore, without adjustment. This is information and analysis, not investment advice.
REFEX results coverage
No results report published for REFEX yet — our desk covers each quarter within minutes of the filing.
More on REFEX
REFEX quarterly results FAQs
What were REFEX INDUSTRIES LIMITED (REFEX) Q2 FY27 results?
In Q2 FY27 (quarter ended 30 Sept 2026), REFEX INDUSTRIES LIMITED reported revenue of ₹761 cr and net profit of ₹50.09 cr on +83.6% revenue growth. EPS stood at ₹3.69.
What is REFEX profit margin in Q2 FY27?
REFEX INDUSTRIES LIMITED posted a net profit margin of 6.6% and an operating margin of 12.6% in Q2 FY27. On a trailing twelve-month basis, revenue is ₹3,188 cr and net profit ₹259 cr.
Did REFEX results beat the previous quarter?
REFEX INDUSTRIES LIMITED net profit changed -21.5% quarter on quarter, from ₹63.8 cr in Q1 FY27 to ₹50.09 cr in Q2 FY27.
When are REFEX INDUSTRIES LIMITED (REFEX) quarterly results?
REFEX INDUSTRIES LIMITED has not yet intimated its next results date to the exchange. This page updates automatically from the exchange board-meeting calendar.
Where can I see REFEX latest quarterly results?
Results coverage for REFEX will appear here as soon as the company reports. Meanwhile you can track live price and technicals on the REFEX stock page.
What is REFEX INDUSTRIES LIMITED annual revenue and profit?
For FY26, REFEX INDUSTRIES LIMITED reported full-year revenue of ₹2,275 cr and net profit of ₹203 cr, with EPS of ₹15.28.
How many quarterly results has REFEX declared recently?
Past results dates for REFEX will be listed here from the exchange calendar.
Results dates: NSE board-meeting calendar. Financial figures: Yahoo Finance fundamentals, not a direct exchange filing feed. Last successful data fetch 5 Nov 2026. Figures can be delayed; results change only when the provider publishes them. For information only, not investment advice.
