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Exxaro Tiles Ltd Q1FY24; 84% fall in Profits

Exxaro Tiles Ltd. (ETL) is engaged in the manufacturing of double charge vitrified tiles and glazed vitrified tiles used for flooring solutions. Its product basket consists of 1000+ designs and it is sold under its own brand “Exxaro”. The company has a PAN India presence with 2000+ registered dealers across 24 states/union territories


Financial Results:

  • Exxaro Tiles Ltd reported Revenues for Q1FY24 of ₹74.13 Crores up from ₹67.59 Crore year on year, a rise of 9.68%.
  • Total Expenses for Q1FY24 of ₹74.24 Crores up from ₹66.20 Crores year on year, a rise of 12.15%.
  • Consolidated Net Profit of ₹0.17 Crores down 84.26% from ₹1.08 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹0.04, down 83.33% from ₹0.24 in the same quarter of the previous year.
Tags: Tiles
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