Refex registers 75 per cent increase in sales

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Chennai, Apr 9 (UNI) The city-based Refex Refrigerants Limited, a leading refrigerants management solutions provider, has registered an annual sales increase of Rs 90 crore, 75 per cent more compared to Rs 51 crore in the last year (2006-07).

The annual net profit increased to Rs 12.15 crore, 144 per cent more compared to Rs 3.91 crore last year (2006-07), a release said here today.

The Company was anticipating an estimated revenue of Rs 45 crore in the first quarter of the current fiscal year. The revenue was estimated to be at least Rs 200 crore in the year 2008-09. Total head count was expected to exceed 120 by end of this year.

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