Exxaro Tiles Limited Announces Q2 Financial Results, Schedules 19th Annual General Meeting
Exxaro Tiles Limited has approved the Unaudited Financial Results for the quarter ended June 30, 2026, and announced the date for its upcoming 19th Annual General Meeting (AGM). The company also provided updates regarding its strategic investments.The Board of Directors of Exxaro Tiles Limited reviewed and took on record the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026.
Key operational details and financial figures are summarized below:
| Metric | Standalone Q2 FY2026 | Consolidated Q2 FY2026 |
|---|---|---|
| Total Income (QTR) | 73795 | 754450768 |
| Revenue from Operations | 1270 | 28 |
| Total Comprehensive Income for the period | N/A | 2328 |
The company is committed to investing 100% of its paid up share capital into a UAE registered entity. Following this acquisition, the entity will be recognized as a wholly owned subsidiary of Exxaro Tiles Limited.
Annual General Meeting Details
Exxaro Tiles Limited has approved the proposal to hold its 19th AGM on Saturday, September 26, 2026. The meeting is scheduled for 11:00 A.M. IST and will be conducted through video conferencing or other audio visual means.The cut off date for voting and attending the AGM has been set for September 19, 2026.
Financial Review and Operational Notes
The Unaudited financial results were prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 (Ind AS 34), prescribed under Section 133 of The Companies Act, 2013, and Regulation 33 of SEBI (Listing Obligations and Disclosure Requirement) Regulation 2015.Notes to the financial results indicated that the Company's operations fall under three single segments: "Manufacturing and Trading of refractory ceramic products (Vitrified Tiles)." Segment reporting is therefore not applicable as per Indian Accounting Standard (Ind AS) - 108 Segment Reporting.
The company provided context regarding changes in labor regulations, noting that the Code on Social Security, 2020 has been enacted. The Ministry of Labour and Employment released draft rules for the Code on November 13, 2020, and the Company is continuing its evaluation process to assess any impact these codes may have on its financial results when they become effective.
EXXARO Stock Price Movement
On Friday, Exxaro Tiles Limited equity rallied significantly, closing at ₹6.54 after marking a strong gain of 6.23%. The stock saw a high of ₹6.76 during trading and volumes accounted for 1.26 million shares traded in the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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