Refex Industries Wins ₹20.27 Crore Logistics Order
Refex Industries has won a ₹20.27 crore order for logistics and material handling services from a leading Miniratna company. The project, focused on the infrastructure and mining sector, is expected to be completed in approximately six months.

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Refex Industries has secured a new order valued at ₹20.27 crore for the provision of logistics and material handling services. The contract has been awarded by a leading Miniratna company, underscoring the company's growing presence in the infrastructure and mining sector.
Order Details
The key parameters of the newly secured order are outlined below:
| Parameter | Details |
|---|---|
| Order Value | ₹20.27 crore (inclusive of GST) |
| Service Type | Logistics and Material Handling |
| Client | Leading Miniratna Company |
| Sector | Infrastructure and Mining |
| Expected Completion | Approximately 6 months |
Contract Overview
The order encompasses logistics and material handling services to be delivered to a prominent Miniratna company. The contract is slated for completion in about 6 months from the date of award, reflecting a defined and near-term execution timeline for Refex Industries. The company confirmed that the order has been awarded by a domestic entity and that there are no related party transactions involved.
Historical Stock Returns for Refex Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.18% | +4.95% | +8.67% | -14.14% | -31.50% | +908.86% |
Could this Miniratna contract serve as a gateway for Refex Industries to secure larger, long-term agreements with other government-owned enterprises in the infrastructure and mining sector?
How might successful execution of this 6-month contract impact Refex Industries' order book pipeline and revenue visibility for the next fiscal year?
Is Refex Industries planning to expand its logistics and material handling workforce or equipment capacity to scale operations beyond this contract?


































