Exxaro Tiles Limited

rs,

To, BSE Limited Corporate Relations Department Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Security Code: 543327 Dear Sir/Madam, Dated: 11th August 2023

9.7%

ector said… ` “ We are pleased to announce our financial results for Q1FY24.We have registered a 9.7% revenue growth in Q1FY24overQ1FY23.EBIDTAhasgrownby19.0%overQ1FY23.EBIDTAMarginhasimprovedby80bpst

19.0%

al results for Q1FY24.We have registered a 9.7% revenue growth in Q1FY24overQ1FY23.EBIDTAhasgrownby19.0%overQ1FY23.EBIDTAMarginhasimprovedby80bpsto10.6%.However PATfigurehasfallen85%ascomparedtoQ1FY23ona

80bps

a 9.7% revenue growth in Q1FY24overQ1FY23.EBIDTAhasgrownby19.0%overQ1FY23.EBIDTAMarginhasimprovedby80bpsto10.6%.However PATfigurehasfallen85%ascomparedtoQ1FY23onaccountofdepreciationcostonmajorCAPEXtowar

10.6%

revenue growth in Q1FY24overQ1FY23.EBIDTAhasgrownby19.0%overQ1FY23.EBIDTAMarginhasimprovedby80bpsto10.6%.However PATfigurehasfallen85%ascomparedtoQ1FY23onaccountofdepreciationcostonmajorCAPEXtowardsbigGV

85%

23.EBIDTAhasgrownby19.0%overQ1FY23.EBIDTAMarginhasimprovedby80bpsto10.6%.However PATfigurehasfallen85%ascomparedtoQ1FY23onaccountofdepreciationcostonmajorCAPEXtowardsbigGVT Slabs,increasedfinancecostso

Rs2.63crore

creasedborrowingcostslinkedto RBIrepo-rate.WeincurredhigherotherexpensesduringthequartertothetuneofRs2.63croreswhichwason accountofincreasedcostsofstoresandsparesconsumed. Closeto92%ofourproductsaremanufactur

92%

quartertothetuneofRs2.63croreswhichwason accountofincreasedcostsofstoresandsparesconsumed. Closeto92%ofourproductsaremanufacturedinhousewithonly8%outsourcing.Thishelpsushavestrongcontrol overdesignand

8%

untofincreasedcostsofstoresandsparesconsumed. Closeto92%ofourproductsaremanufacturedinhousewithonly8%outsourcing.Thishelpsushavestrongcontrol overdesignandquality.ConsideringnowthatourCAPEXcyclehasbee

21%

(Rs. In Mn) EBITDA (Rs. In Mn) PAT (Rs. In Mn) Margins % 10.6 10.1 0.2 1.2 937.8 741.3 -21% Q-o-Q 94.7 78.9 -16.7 Q-o-Q 11.0 -85% Q-o-Q 1.6 Q1 FY24 Q4 FY23 Q1 FY24 Q4 FY23 Q1FY24

19%

n) PAT (Rs. In Mn) Margins % 741.26 10.6 9.8 0.2 1.6 10.82 9.7% Y-o-Y 675.91 78.90 19% Y-o-Y 66.29 e l t i T s i x A -85.2% Y-o-Y 1.60 Q1FY24 Q1FY23 Q1FY24 Q1FY23 Q1FY24 Axis

85.2%

10.6 9.8 0.2 1.6 10.82 9.7% Y-o-Y 675.91 78.90 19% Y-o-Y 66.29 e l t i T s i x A -85.2% Y-o-Y 1.60 Q1FY24 Q1FY23 Q1FY24 Q1FY23 Q1FY24 Axis Title Q1FY23 • Our focus on Building B

Branding activities undertaken

1

Branding activities undertaken

• • Tiles display at each counter Branding at all INDIA dealer touchpoints • Airport branding at Delhi & Mumbai • POP kit branding Exxaro Tiles | NAYE BHARAT KI NAYI PEHCHAN Manufacturing Facilities Unit I – Padra ,Vadodra Unit 2 – Talod,Sabarkantha • Area - 37,460 Sq Mt • Production Capacity - 36,00,000 Sq Mt • EXXARO Unit 1 based in Vadodara, Gujarat manufacturing Double Charge tiles in 600×600 mm, 800x800 mm • Padra Plant upgradation with GVT Production in 600 x 600 size along with Double charge vitrified tiles to avail maximum benefit of Natural Gas based plant. Exxaro Tiles | NAYE BHARAT KI NAYI PEHCHAN • Area - 1,23,504 Sq Mt • Production Capacity – 11,000,000 Sq Mt • Exxaro Unit 2 located at Himmatnagar, Sabarkantha in Gujarat. The largest ever plant currently using 30 acre of land, state of the art machinery and facilities under one roof. Installed Production in FGVT in 600×600 mm,600×1200 mm,800×800 mm and 800×1600 mm • New line for Big Slab GVT – Sizes available in 800x2400,