Exxaro tiles Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, following approval by the Board of Directors at their meeting held on February 14, 2026. The board meeting commenced at 11:00 A.M. and concluded at 12:30 P.M.

Board Meeting Outcomes

The Board of Directors approved and took on record the unaudited financial results (standalone and consolidated) for the quarter and nine months ended December 31, 2025. The financial results were prepared in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with limited review reports from statutory auditors.

Quarterly Financial Performance

The company's consolidated financial results for Q3FY26 showed mixed performance compared to the previous year. Revenue from operations decreased to ₹7,010.93 lakhs from ₹7,943.60 lakhs in Q3FY25, representing a decline in quarterly operational income.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, Exxaro Tiles demonstrated improved performance with a significant turnaround in profitability. The company moved from a loss position to profitability during this period.

Auditor Review and Compliance

The unaudited financial results underwent limited review by H.B. Kalaria & Associates, the company's statutory auditors. The auditors confirmed that the financial results were prepared in accordance with Indian Accounting Standard 34 "Interim Financial Reporting" and comply with SEBI listing regulations.

Corporate Structure and Operations

The company operates in manufacturing and trading of refractory ceramic products, specifically vitrified tiles. As a single-segment business, segment reporting is not applicable under Indian Accounting Standard 108. The consolidated results include performance of subsidiary Exxaro Ceramic Limited, with paid-up equity share capital of ₹4,474.11 lakhs at face value of ₹1 per share.

Exxaro Tiles Limited has announced the successful installation of a 3.8 MW DC solar power project, marking a significant step in the company's sustainability initiatives. This development comes after the company previously addressed misinformation regarding its solar projects and other business activities.

Latest Solar Project Details

The company has provided comprehensive details about its new solar power initiative:

Previous Solar Initiative

Earlier, the company had announced a different solar project with the following specifications:

Addressing Misinformation

The company had previously issued clarifications against misleading claims made in a YouTube video, categorically rejecting several false statements including incorrect annual savings figures and unauthorized market expansion claims. Exxaro Tiles emphasized its commitment to transparency and compliance with SEBI regulations, ensuring all material information is disseminated through official channels.

Manufacturing Capabilities

Exxaro Tiles operates two state-of-the-art manufacturing facilities with a combined installed capacity of 1,46,00,000 sq. meters per annum. The company specializes in producing double charge vitrified tiles, glazed vitrified tiles, polished glazed vitrified tiles, wall tiles, ceramic products, and big format slab tiles.

Market Presence

The company maintains a strong pan-India presence through a robust distribution network of over 2,000 dealers and six display centres. Internationally, Exxaro Tiles exports to more than 15 countries including the United States, Canada, African continent, Gulf countries, Indonesia, Vietnam, Mexico, and Nepal.

This solar project initiative reinforces Exxaro Tiles' commitment to environmental responsibility and operational efficiency, contributing to both cost savings and carbon footprint reduction while aligning with national and global sustainability goals.