How has been the historical performance of Refex Renewables?

Answer:The historical performance of Refex Renewables indicates a fluctuating trend in its financial metrics over the years, with significant losses in recent periods.

Breakdown:
Refex Renewables reported net sales of 67.99 Cr for the year ending March 2025, a decline from 76.09 Cr in March 2024 and 76.64 Cr in March 2023, but an increase from 53.50 Cr in March 2022. The total operating income mirrored this trend, with a decrease to 67.99 Cr in March 2025 from 76.09 Cr in the previous year. The total expenditure, excluding depreciation, also decreased to 36.34 Cr in March 2025 from 43.20 Cr in March 2024, contributing to an operating profit (PBDIT) of 31.65 Cr, slightly down from 32.89 Cr. However, the company faced significant interest expenses of 43.18 Cr in March 2025, leading to a profit before tax of -22.69 Cr, which is an increase in losses compared to -8.32 Cr in March 2024. The profit after tax for March 2025 was -36.39 Cr, worsening from -34.42 Cr in March 2024. The total liabilities increased to 516.46 Cr in March 2025 from 508.99 Cr, while total assets also rose to 516.46 Cr from 508.99 Cr, indicating a challenging financial position. The cash flow from operating activities showed a positive trend at 27.00 Cr in March 2025, compared to 120.00 Cr in March 2024, while the net cash inflow was 4.00 Cr, up from 0.00 Cr in the previous year. Overall, the company has struggled with profitability, reflected in its negative earnings per share and declining reserves.