The order is scheduled to be executed over a period of 12 months. The company said the contract has been awarded by a domestic entity and does not involve any related-party transaction.
Chennai-based Refex Industries has built a portfolio spanning ash and coal handling, wind energy, and green mobility solutions. The company reported consolidated net profit surged 87.96% to Rs 90.82 crore on a 57.14% rise in revenue from operations to Rs 934.17 crore in Q4 FY26 over Q4 FY25.
Shares of Refex Industries rose 3.03% to settle at Rs 348.10 on 25 June 2026. The Indian stock market is shut today, 26 June 2026 for Muharram.
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