Exxaro Tiles Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
EXXARO · price
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Exxaro Tiles reported audited standalone revenue of Rs. 28,182.28 lakhs for FY2026, down from Rs. 29,963.42 lakhs in FY2025, representing a revenue decline of approximately 6%. Standalone profit after tax turned positive at Rs. 210.58 lakhs compared to a loss of Rs. 78.26 lakhs in the previous year. Consolidated revenue remained essentially flat at Rs. 30,490.30 lakhs vs Rs. 30,421.40 lakhs, while consolidated PAT improved to Rs. 283.41 lakhs from a loss of Rs. 2.17 lakhs. Statutory auditors issued unmodified opinions on both standalone and consolidated financial results. The company also reappointed Mr. Mitesh Koshti as Internal Auditor for FY2026-27 and disclosed commitment to invest in a UAE-registered entity that will become a wholly-owned subsidiary.
The company showed strong turnaround in profitability despite declining standalone revenues, with PAT recovering from losses in both standalone and consolidated results. The clean audit opinion and improved cash flow from operations (Rs. 3,083.58 lakhs standalone) are positive signals for investors.