Refex Refrigerants revenue hikes to Rs 23.97 crore in Q3

Chennai, Oct 8 (UNI) City-based Refex Refrigerants Ltd, a leading refrigerant management solutions provider and BSE listed company, has announced that its quarterly revenue increased to Rs 23.97 crore, up by 48 per cent from 16.08 crore in Q2 of 2006-07.

Net profit increased to Rs 3.60 crore, up more than 320 per cent from the corresponding period last year, a company release here today said.

Refex Refrigerants had clocked a turnover of Rs 51.29 crore for the financial year (2006-07) with a net profit of Rs 3.91 crore.

The revenue expected for Q3 of 2007-08 was Rs 25 crore, while the entire revenue for the fiscal year was anticipated to be at least Rs 90 crore, the release added.

UNI