Exxaro Tiles Limited has informed the Exchange regarding Board meeting held on August 02, 2025.
EXXARO · price
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Exxaro Tiles' Board approved the unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Consolidated revenue from operations more than doubled to ₹6,492.53 lakhs, up about 113% from ₹3,042.49 lakhs in the same quarter last year, helped by its subsidiary Exxaro Ceramic Limited. Standalone revenue grew a more modest 13% to ₹6,315.52 lakhs. The company swung from a loss to a profit, posting a standalone PAT of ₹49.56 lakhs (vs a loss of ₹426.53 lakhs last year) and a consolidated PAT of ₹80.54 lakhs (vs a loss of ₹423.55 lakhs). The Board also approved the re-appointment of Mr. Kamal Dave as Independent Director for a second 5-year term starting January 5, 2026, subject to shareholder approval. The 18th Annual General Meeting has been scheduled for September 27, 2025 via video conferencing.
The return to profitability and strong consolidated revenue growth are positive signals for shareholders, though the standalone business growth was modest. Statutory auditors H.B. Kalaria & Associates issued an unqualified limited review report on the results, and the re-appointment of an existing Independent Director suggests board continuity.