City-based refrigerants manufacturer Refex Refrigerants posted a 132 per cent growth in net profit to Rs 5.51 crore in the first quarter ended June 30, 2008, as compared with Rs 2.38 crore in the corresponding quarter last financial year.

<tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>Sales increased 320 per cent to Rs 68.80 crore as against Rs 16.07 crore in the same period last year. 
</p><p class='TableClas'>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. </P></p><p class='TableClas'></p></table>


Refex Refrigerants net up 132%

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