The order has been awarded by a domestic entity and pertains to wind power projects to be set up in Tamil Nadu. The contract is scheduled to be executed by September 2026. The company said that neither the promoter nor the promoter group or group companies have any interest in the entity awarding the contract.
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 a 0.3% decline in revenue from operations to Rs 426.85 crore in Q2 Sept 2025 over Q2 Sept 2024.
Shares of Refex Industries fell 3.52% and are currently traded at Rs 294.55 on the BSE.
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