EXXAROBSEExxaro Tiles LtdHighNeutral
Announced Tue, 5 May · 13:18 IST

Financial result as on 31.03.26

Revenue DeclineResults View source PDF

EXXARO · price

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AI summary

Exxaro Tiles reported standalone revenue of Rs 28,182.28 lakhs for FY26, down 5.9% from Rs 29,963.42 lakhs in FY25. However, the company returned to profitability with standalone PAT of Rs 210.58 lakhs compared to a loss of Rs 78.26 lakhs in the previous year. On a consolidated basis, revenue remained flat at Rs 30,490.30 lakhs (vs Rs 30,421.40 lakhs), with PAT of Rs 283.41 lakhs turning around from a loss of Rs 2.17 lakhs. The statutory auditors issued an unmodified (clean) opinion on both standalone and consolidated results. The company also re-appointed Mr. Mitesh Koshti as Internal Auditor for FY27 and announced plans to invest in a UAE-based wholly owned subsidiary.

Likely market impact

Revenue decline on standalone basis is a concern, but the turnaround from loss to profit is positive for shareholders. The clean audit opinion provides assurance on financial reporting quality.