Exxaro Tiles Reports Profit in Q1, Reappoints Independent Director
Exxaro Tiles Limited has reported a significant turnaround in its Q1 FY2026 financial results. The company's consolidated revenue increased by 8.4% year-over-year to Rs. 6,492.53 lakhs, with a net profit of Rs. 80.94 lakhs, compared to a loss in the previous year. Standalone results also showed a return to profitability despite a slight revenue decrease. The Board approved the reappointment of Mr. Kamal Dave as an Independent Director for a five-year term, subject to shareholder approval. The company's 18th AGM is scheduled for September 27, 2025, to be held via video conferencing.