Exxaro Tiles Q3FY26 Results Show Strong Growth

Exxaro Tiles reported consolidated revenue of ₹7,010.93 lakhs in Q3FY26, up from ₹7,943.60 lakhs in Q3FY25. Net profit increased to ₹62.66 lakhs versus ₹123.72 lakhs in the previous year.

Deep Diamond India Acquires 5.87% Stake in Exxaro Tiles Through Open Market Purchases

Deep Diamond India Limited purchased 2,62,72,073 equity shares of Exxaro Tiles Limited through stock exchange transactions between October 16 and November 11, 2025, increasing its total shareholding to 5.87% of the company's issued share capital. The acquisition was conducted through open market purchases and disclosed under SEBI substantial acquisition regulations to stock exchanges and the target company.

Exxaro Tiles Denies False Claims in Social Media Video, Clarifies Solar Project Details

Exxaro Tiles Limited has denied false and misleading claims made in a YouTube video by channel Jasmeet Singhrao. The company categorically rejected claims about annual savings of ₹30 crore from solar energy, significant entry into UAE and Saudi Arabia markets, 1000% profit growth expectations, and appointment of Ajay Devgn as brand ambassador. The company clarified that it has a 5MW DC solar power project at Gorol, Idar, Gujarat, with expected annual savings of approximately ₹5.67 crore in electricity costs. The project aims to meet electricity requirements of their Talod manufacturing plant through captive consumption. Exxaro confirmed that Ajay Devgn was appointed as brand ambassador in May 2022. The company stated no other projects, expansions, or endorsements as claimed in the video are being undertaken. Exxaro is taking appropriate action against the unauthorized video and reporting it to the social media platform.