Refex Industries Limited — Investor Meet, 30-04-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Refex Industries held an earnings conference call to discuss its financial results for the quarter and year ending March 31, 2025. Q4 total income reached ₹629.07 crore, up 81.97% YoY, with EBITDA at ₹63.21 crore (up 45.3%) and net profit at ₹57.09 crore (up 59.68%). For FY '25, total income was ₹2,482.52 crore, reflecting growth of 78.75%, with EBITDA at ₹216.42 crore (up 45.48%) and PAT at ₹189.41 crore (up 87.6%).

Management highlighted strategic growth in ash handling and green mobility, with over 1,300 deployed EVs. Despite concerns about increasing debtor days, management reassured analysts on cash flow, expressing optimism about robust trajectories in ash handling and EV operations, targeting market share expansion. The overall sentiment is positive as the company eyes future growth opportunities.