Exxaro Tiles Reports Robust Growth in Q2 FY27

Consolidated revenue climbed to Rs 112.14 crore, while net profit grew to Rs 3.07 crore.

Reader Takeaway: Strong revenue growth and international expansion via a new Dubai subsidiary signal positive momentum for shareholders.

What just happened

Exxaro Tiles Ltd has released its financial results for the quarter ended September 30, 2026. The company reported a significant improvement in profitability compared to the same period last year. Consolidated revenue for the quarter stood at Rs 112.14 crore, a notable jump from the Rs 68.96 crore reported in Q2 FY26. Consequently, net profit increased to Rs 3.07 crore from Rs 1.20 crore in the previous year's corresponding quarter. On a standalone basis, revenue was Rs 91.18 crore with a net profit of Rs 1.88 crore.

Why this matters

The jump in consolidated figures, which outpaced standalone performance, highlights that the company's subsidiary operations are effectively contributing to the bottom line. This indicates better operational efficiency and a broader reach in the vitrified tiles market.

Business Developments

Exxaro Tiles has marked a strategic expansion by incorporating a wholly-owned subsidiary, Aresta General Trading Fze, in Dubai. The company invested Rs 26.81 lakh (AED 1,00,000) to acquire 100% of the share capital. This move is aimed at strengthening the company's presence in international markets and potentially opening new revenue streams outside of its domestic base.

What to track next

Investors should monitor the revenue contribution from the newly formed Dubai subsidiary in coming quarters. Additionally, watch for any further operational updates regarding how the company integrates its international trading activities with its domestic manufacturing of refractory ceramic products.