Media Release on the un-audited financial results for the 1st quarter ended June 30, 2026 for FY27

July 29, 2026 The BSE Ltd. The National Stock Exchange of India Ltd. st th 1 Floor, New Trading Wing, Rotunda Exchange Plaza, 5 Floor, C – 1, Block G Building Phiroze Jeejeebhoy Towers, Bandra – Kurla Complex, Bandra (E) Scrip Code: 532884 Symbol: REFEX Dalal Street, Fort Mumbai – 400001 Mumbai – 400051 Ref.: Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Subject: Media Release on Unaudited Financial Results for the 1st quarter ended June 30, 2026 of FY27 Dear Sir(s)/ Madam, Pursuant to the Regulation 30 of the SEBI Listing Regulations, we are enclosing herewith a copy of the Media Release on Unaudited Financial Results for the 1 Quarter ended June 30, 2026 of FY 27. The same will also be made available on the website of the Company viz., https://refex.co.in/investors/disclosure-of-material-events-or-information Kindly take the above information on your records. Thanking you, You rRse ffaeixth Ifnudlluy,s tries Limited F or Ankit Poddar Company Secretary and Compliance Officer ACS-25443 Refex Industries Limited Press Release Maintains Growth Momentum with Revenue up by 76.4 % and PAT up by 122.8% on Y-o-Y basis Chennai, 29th July, 2026; – Refex Industries Limited (NSE - REFEX | BSE - 532884), Powering India’s green transformation with the Ash & Coal Handling business vertical, the Company announces its Un-audited Financial Results for quarter ended 30th June 2026. Q1FY27 Key Financial Snapshot (Standalone – Continuing Operations) Revenue from Operations EBITDA Profit After Tax ₹ 619.3 crores ₹ 105.4 crores ₹ 73.6 crores 76.4% (Y-o-Y) 166% (Y-o-Y) 122.8% (Y-o-Y) Margin 17% Margin 11.9% Key Financial Highlights (Standalone – Continuing Operations): Particulars (in ₹ Crores) Q1 FY27 Q1 FY26 Y-o-Y FY26 Revenue from Operations 619.3 351.1 76.4% 2,039.2 EBITDA 105.4 39.6 166.0% 350.0 EBITDA % 17.0% 11.3% 17.2% PBT 98.3 41.4 137.3% 334.7 PAT 73.6 33.0 122.8% 247.2 PAT % 11.9% 9.4% 12.1% Key Operational Highlights • Revenue during the quarter stood at ₹619.3 crore and was supported by strong operational capabilities and growing order book. • Ash & Coal Business - Secured new orders worth ₹279 crore. • Wind Business - Delivered first 5.3 MW wind turbine at Torrent's Koppal project and started deliveries across all other customers. • Profitability improved during the quarter, driven by better business mix, operating efficiency and higher scale of economies. Refex Industries Limited Commenting on the performance, Mr. Anil Jain, Chairman & Managing Director of Refex Industries Limited said, “Our Ash & Coal Handling business delivered a strong operational performance in this quarter, backed by robust execution and growing order book. Our integrated, technology-led business model continues to strengthen client relationships and improve accountability across operations, while favourable government policy tailwinds are driving structural, long-term growth across the sector. On the Wind Energy business, we have successfully transitioned from development phase into active execution, phase, marking the start of a new growth engine for Refex. As this business scales, we expect it to strengthen our return ratios and enhance the overall quality of our earnings. Together, these developments reinforce our confidence in Refex's ability to capture the structural growth opportunities ahead. The Company remains well positioned to capitalize on emerging opportunities across environmental services, renewable energy and sustainable mobility, while delivering sustainable long-term value to stakeholders.” About Refex Industries Ltd. Established in 2002, Refex Industries Limited, headquartered in Chennai, is a pioneer in sustainability-driven solutions in India. With over 23 years of expertise, Refex has built a diverse portfolio encompassing Ash & Coal Handling, Green Mobility initiatives via a currently wholly owned subsidiary, and Wind energy solutions via a subsidiary. With a purpose-led approach, Refex Industries continues to lead in advancing solutions that tackle environmental challenges and pave the way for a greener, more sustainable future for India. Contact Details Company: Refex Industries Ltd. Investor Relations: MUFG Intime India Pvt. Ltd. Ms. Pankti Majithia Mr. Gautam Jain (Sr. Manager Investor (Head - Investor Relations) Relations) Mr. Parth Patel/ Ms. Vidhi Vasa +91 99878 99747 +91 96196 11096 gautam.jain@refex.co.in pankti.majithia@refex.co.in Parth.patel@in.mpms.mufg.com / For Media Queries : corpcomm@refex.co.in Vidhi.vasa@in.mpms.mufg.com CIN: L45200TN2002PLC049601 For Meeting request – Click Here www.refex.co.in https://www.mpms.mufg.com/ Safe Harbor Statement Any forward-looking statements about expected future events, financial and operating results of the Company are based on certain assumptions which the Company does not guarantee the fulfilment of. These statements are subject to risks and uncertainties. Actual results might differ substantially or materially from those expressed or implied. Important developments that could affect the Company’s operations include a downtrend in the industry, global or domestic or both, significant changes in political and economic environment in India or key markets abroad, tax laws, litigation, labour relations, exchange rate fluctuations, technological changes, investment and business income, cash flow projections, interest, and other costs. The Company does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date thereof.