Refex Refrigerants net up 132%

Sales increased 320 per cent to Rs 68.80 crore as against Rs 16.07 crore in the same period last year.

Anil Jain, MD, Refex Refrigerants, said acquisition of Kaltech Engineering and Refrigeration of Singapore had helped the company achieve higher turnover and profit. The company registered a turnover of Rs 90 crore and a net profit of Rs 12 crore in 2007-08.