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.